Japan’s Abe in popularity “death zone”

Shinzo Abe is now the third-longest-serving Japanese prime minister of the post-war era. But his time at the helm may be coming to an end.

Shinzo Abe is now the third-longest-serving Japanese prime minister of the post-war era (including both his initial stint in 2006 and 2007, and his current administration, in power since 2012). But his time at the helm may be coming to an end. Approval ratings for his cabinet have slid rapidly, recently falling below 30%, viewed by many as the "death zone", and the lowest levels seen since his ill-fated 2007 administration.

Abe's fall from grace is partly due to reports linking him to two scandals involving school operators that won favours from the government. However, a more fundamental problem is that he has turned his focus away from the economy and instead to issues of constitution and foreign affairs, notes the Financial Times. These affairs may matter greatly to him, but they mean "little to the average voter". As a result, notes Marcel Thieliant of Capital Economics, "there is now a real chance that Abe will be out of office before the next legislative elections" in 2018.

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James McAdam Stacey

James has previously written about financial markets for MoneyWeek. He has a bacherlors degree in management and he has been awarded an investment advice diploma by The Chartered Institute for Securities & Investment (The CISI). James then worked at Moran Stanley as a U.S. Equity Sales Analyst for two years, then moved into hedge fund sales and investor relations at 36 South Capital Advisors, and then became the Global Multi-Asset Sales at Credit Suisse. Now, James is the Associate Director of US Equity Sales at Oppenheimer & Co. Inc, where he is responsible for servicing a range of clients including asset managers, hedge funds and wealth managers.