Japan’s Abe Risks Elections to Seek Mandate on Economic Policies

Japanese Prime Minister Shinzo Abe calls a snap election for December during a press conference at his official residence in Tokyo, Nov. 18, 2014 (AP photo by Shizuo Kambayashi).
Japanese Prime Minister Shinzo Abe calls a snap election for December during a press conference at his official residence in Tokyo, Nov. 18, 2014 (AP photo by Shizuo Kambayashi).

Having returned political stability to Japan, Prime Minister Shinzo Abe today called snap elections for next month to secure a verdict on his already implemented economic policies, dubbed “Abenomics,” as well as a mandate to continue applying his strategies to expand the economy. The general elections, scheduled for mid-December, will come roughly two years after Abe was elected in a sweeping victory in December 2012. His current tenure, Abe’s second as prime minister, has been defined mainly by his efforts to jumpstart Japan’s long-beleaguered economy, focusing on a “three-arrow approach” to restore growth and confidence through increased stimulus, quantitative easing […]

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