By S. Carpenter
This ebook contends that structural reforms, the fundamental 3rd arrow in Abe's 'Abenomics', won't ensue. hence, Abenomics is only a mixture of reckless financial coverage and ambiguous economic rules with the intention to fail to regenerate Japan's fragile financial system and reduce sovereign debt.
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Extra info for Japan Inc. on the Brink: Institutional Corruption and Agency Failure
Koizumi himself recruited a female elite career official from the MOF to stand in the election. Toward a Beautiful Country was a best-seller. In it Abe argues that the reporting of events regarding his grandfather’s revision of the US–Japan Security Treaty was misleading and should be corrected. g. military personnel). Abe claimed that his grandfather negotiated a revised treaty that gave Japan more autonomy from the United States and gave the Japanese more power to prosecute. Abe also maintained in his book that the history of Japan’s war-time engagement in China reported in textbooks was also incorrect and should be revised as well.
Over 60 percent of the electorate, comparing it to the pre-war and wartime Peace Preservation Act which was implemented by government to quell political opposition, objected to the law because of its lack of detail of what constituted ‘state secrets’ and because it indicated that the government would have more control over the population. People who are arrested on suspicion of leaking ‘state secrets’ can be detained in prison without trial. Those who are found guilty can be imprisoned for up to ten years and journalists who are convicted of trying to obtain classified information can be imprisoned for up to five years.
Kishi’s legacy is Abe’s legacy Prime Minister Nobusuke Kishi (1957–60) is credited with being the father of the LDP and, also, the king-pin of the 1955 political system that was based on the collaboration between politicians, businessmen and bureaucrats and banked with huge sums from the private sector. The LDP controlled the National Diet for thirty-eight years until 1993 and from 1996–2009. Abe’s LDP roots and his right-wing political ideology are inherited from his grandfather, the late Prime Minister Nobusuke Kishi, whom he extols in his book Toward a Beautiful Country, published shortly after he entered the executive office in 2006.
Japan Inc. on the Brink: Institutional Corruption and Agency Failure by S. Carpenter