{"id":7454,"date":"2020-06-15T17:00:00","date_gmt":"2020-06-15T07:00:00","guid":{"rendered":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/?p=7454"},"modified":"2023-08-08T07:17:16","modified_gmt":"2023-08-07T21:17:16","slug":"abes-domestic-failings-may-cost-japan-and-the-region-dearly","status":"publish","type":"post","link":"https:\/\/testblogs.griffith.edu.au\/asiainsights\/abes-domestic-failings-may-cost-japan-and-the-region-dearly\/","title":{"rendered":"Abe\u2019s domestic failings may cost Japan\u2014and the region\u2014dearly"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/testblogs.griffith.edu.au\/asiainsights\/tag\/michael-heazle\/\">MICHAEL HEAZLE<\/a>  |  <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When Prime Minister Shinzo Abe\u2019s term ends in late 2021, it will be almost nine years since voters returned his Liberal Democratic Party to government in Japan\u2019s 2012 general election. Abe\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/japan.kantei.go.jp\/96_abe\/statement\/201212\/26kaiken_e.html\" target=\"_blank\">promised<\/a>\u00a0to rescue Japan from its lost decades of low growth and deflation, improve crisis management, and strengthen Japan\u2019s influence in world and regional affairs by making it a \u2018proactive\u2019 contributor to international peace and security. Japan, according to Abe,\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.mofa.go.jp\/announce\/pm\/abe\/us_20130222en.html\" target=\"_blank\">\u2018was back\u2019<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But given the already precarious state of Japan\u2019s economy prior to the coronavirus crisis, and the government\u2019s muddled managing of Covid-19\u2019s impacts on public health and the economy, it\u2019s likely that voters will mark the administration down to a \u2018fail\u2019 on two policies they most care about.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Abe is on relatively strong ground with his foreign policy approach, but his government\u2019s shortcomings on the economy and crisis management fronts may ultimately threaten his vision of a more proactive Japan. That would be bad news not only for Japan, but also for Australia and the region.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the Abenomics faithful, Abe\u2019s three arrows, launched back in 2013, are still in flight. GDP and inflation growth are often highlighted as evidence that arrows one (quantitative easing and asset buying) and two (massive spending) haven\u2019t yet disappeared into the undergrowth. By 2019, however, many observers were becoming&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.reuters.com\/article\/us-japan-abe-economy-analysis\/japan-may-slide-toward-recession-as-abenomics-impact-fades-idUSKBN1XO2YN\" target=\"_blank\">increasingly doubtful<\/a>&nbsp;about where Abe\u2019s arrows were actually headed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Please click here to read the full \u201c<a href=\"https:\/\/www.aspistrategist.org.au\/abes-domestic-failings-may-cost-japan-and-the-region-dearly\/\">Abe\u2019s domestic failings may cost Japan\u2014and the region\u2014dearly<\/a>?\u201d article published at The Strategist, written by Griffith Asia Institute adjunct researcher, Professor Michael Heazle<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Abe\u2019s domestic failings may cost Japan\u2014and the region\u2014dearly?\u201d article published at The Strategist, written by Griffith Asia Institute adjunct researcher, Professor Michael Heazle<\/p>\n","protected":false},"author":14,"featured_media":7455,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[245,1056],"tags":[1093,615,934,353,1652,1236],"class_list":["post-7454","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-china-and-north-east-asia","category-politics","tag-covid19","tag-economy","tag-griffith-asia-institute","tag-japan","tag-michael-heazle","tag-shinzo-abe"],"acf":[],"modified_by":"Jill Moriarty","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - 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