North Korea threat propels Abe to decisive victory

Shinzo Abe's tough stance on North Korea has won him support at the polls.

868-Sinzo-Abe-634

Shinzo Abe's tough stance of North Korea has won him support
(Image credit: 2017 Getty Images)

Shinzo Abe won a clear victory in Japan's snap election last Sunday, and is now on course to be Japan's longest-serving prime minister, says Richard Lloyd Parry in The Times. His Liberal Democratic Party (LDP) took 281 of the 465 seats in the Diet.

Together with the seats won by its coalition partner, Komeito, this gives the government the "super-majority" needed to call a referendum on changes to Japan's pacifist constitution: the "passionatewish of the prime minister and many of his conservative supporters".

Abe's ostensible justification for calling an early election was to have a mandate to deal with a nuclear-armed North Korea, which has threatened to "sink" Japan, but his timing wasopportunistic and propitious, says Robin Harding in the Financial Times.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

The opposition Democratic Party, in disarray at the time of Abe's announcement, disbanded a week later, freeing candidates to seek a nomination from the Party of Hope, a new party created by Yuriko Koike, the governor of Tokyo. However, Koike then decided to impose a "purity" test on candidates, brutally excluding any of who failed it, which led to apublicbacklash.

The truth is that there was little alternative to the LDP, says The Wall Street Journal. This, combined with low voter turnout of barely 54%, leaves Abe with a strong electoral mandate but a disaffected public. A poll just before the election found that 51% of Japanese opposed his re-election. He may be a "safe pairs of hands", but his desire to revise Japan's pacifist constitution is unpopular.

While growth has risen of late, some of his government's promised structural reforms designed to boost the economy's long-term growth rate have not materialised. Without the North Korean threat, he may well have lost the election.

The Japanese worry that the US might not retaliate for an attack on Tokyo in case it puts their country at risk, and China has stoked enmity with Japan over the disputed Senkaku Islands. "If Xi Jinping doesn't want Japan to rearm, he can cut off Kim Jong-un's food and oil lifelines. Otherwise the balance of power in northeast Asia will shift in ways China won't like."

Emily Hohler

Emily has worked as a journalist for more than thirty years and was formerly Assistant Editor of MoneyWeek, which she helped launch in 2000. Prior to this, she was Deputy Features Editor of The Times and a Commissioning Editor for The Independent on Sunday and The Daily Telegraph. She has written for most of the national newspapers including The Times, the Daily and Sunday Telegraph, The Evening Standard and The Daily Mail, She interviewed celebrities weekly for The Sunday Telegraph and wrote a regular column for The Evening Standard. As Political Editor of MoneyWeek, Emily has covered subjects from Brexit to the Gaza war.

Aside from her writing, Emily trained as Nutritional Therapist following her son's diagnosis with Type 1 diabetes in 2011 and now works as a practitioner for Nature Doc, offering one-to-one consultations and running workshops in Oxfordshire.