Shinzo Abe, who served as the longest-serving prime minister, was known for his mandate. harsh foreign policy and for him economic strategypopularly known as abenomic. Abe, who died as a result of an attack at the age of 67, conservative nationalist which led Liberal Democratic Party (PLD) twice to victory. His first term as prime minister was short – a little over a year from 2006 – and controversial. But surprisingly, he got the part. political comeback He remained in power in 2012 and until 2020, when he resigned for health reasons.
When Japan began its second term and economic policy, it was in a recession. monetary easing, fiscal stimulus and structural reforms– considered the person who helped restore growth to a faltering economy. He also oversaw Japan’s recovery from the great earthquake and The Tohoku tsunami, which killed nearly 20,000 people and melted down nuclear reactors in 2011. Fukushima.
ulcerative colitis
After weeks of speculation, he resigned in 2020 and revealed that he was experiencing a relapse. ulcerative colitisbowel disease led to his resignation in 2007. He was replaced by a close party ally, Yoshihide Sugabut he was still a powerful figure in Japanese politics.
But a series scandals – among them the loss of the Government’s pension records, which affected nearly 50 million applications – made administration difficult. His popularity fluctuated, but he remained largely unopposed due to his influence in the party, changing the party’s rules, allowing for a third term of leadership.
controversial nationalism
They nationalist views It has often led to tensions with China and South Korea, especially after his 2013 visit to the United States. yasukuni temple in Tokyo, a controversial place linked to Japanese militarism before and during World War II.
His repeated visits to the temple also bothered him. left fractions Japan, which saw it as Abe’s attempt to justify Japanese atrocities during the war.
Abe’s trademark economic policy – ​​known as abenomic– thought to help restore growth during its initial period. This policy is included negative interest rates Short-term investments that make it cheaper for consumers and businesses to borrow and spend increased public spending in infrastructure and more financial incentivesWhat tax exemptionsand reforms to bring more women into the workforce and allow more immigrants to ease labor pressures and boost growth.
But his efforts faced a major challenge when the country re-entered. recession in the spring of 2020. These and other slowdowns have called into question the effectiveness of his approach.
Source: Informacion
