Japan's First Female Prime Minister Faces Challenges
Japan's first female prime minister, Sanae Takaichi, is facing fragile markets, bold defense goals, and the challenge of balancing stimulus with fiscal discipline.
Takaichi's rise to power marks a historic moment for Japan and the ruling Liberal Democratic Party (LDP), but is overshadowed by political fragility and economic uncertainty.
Within the LDP, she benefited from being seen as the protégé of former Prime Minister Shinzo Abe," says Tina Burrett, professor of political science at Sophia University, Tokyo. "Although Abe's faction has dissolved, its former members were the backbone of her leadership campaign.
Takaichi inherits a divided mandate, a skeptical electorate, and markets braced for volatility, with her leadership campaign backed by the right-leaning Japan Innovation Party.
- Fragile markets
- Bold defense goals
- Challenge of balancing stimulus with fiscal discipline
Author's summary: Japan's first female PM faces economic uncertainty.
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