A pivotal election brings uncertainty to Japan
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In a week in which most eyes are on the US election, there are other meaningful elections which also merit close examination. On October 27 Japanese voters expressed their pent-up frustration with the growing list of scandals associated with the ruling Liberal Democratic Party (LDP) and ended the party's near 70-year long rule. LDP and their partner Komeito failed to reach a majority in the lower house of the Diet, earning just 215 seats out of 465. With most of the other ascendent parties refusing to enter into coalitions with LDP, the new Prime Minister Ishiba Shigeru faces serious vulnerabilities to his agenda, and for the first time in decades, a new level of uncertainty has been introduced to Washington's top ally in Northeast Asia. The reality, however, is altogether much more subtle in terms of what Japanese voters are saying. This week we welcome back Tobias Harris, who is the founder of political risk advisory firm Japan Foresight and the author of the Observing Japan substack. Tobias last appeared on Departures in 2020 to discuss his excellent book, "The Iconoclast: Shinzo Abe and the New Japan."
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