Seasons in the Kingdom

Seasons in the Kingdom

Tuesday, July 23, 2013

The Wild Card - By Kirk Spitzer | Foreign Policy

The Wild Card - By Kirk Spitzer | Foreign Policy

TOKYO — Japanese voters are almost certain to give Prime Minister Shinzo Abe's ruling Liberal Democratic Party (LDP) an overwhelming victory in upper house elections on July 21. The election so far has focused largely on economic recovery -- and for once there's hope on the horizon. Abe's aggressive program of monetary easing and government spending has begun to jolt the economy out of nearly two decades of deflation and stagnation. The prime minister, who's been operating with only the lower house of the Diet backing him, is looking to regain a majority in the upper house to help push through his "third arrow" of structural reforms.

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