Has held prime minister/president and controlled congress for last 60 years i) Basically an inbred system - Ruling class of families ii) Center right conservative party wins every year a) No prime minister has lasted more than a year for the last 5 years i) They all resign because of ridiculous grid lock in government ii) Prime ministeral parade b) Constitutional Monarchy - 2 party system controlled by a sole party 1) Political Grid-Lock vii. Reinvented themselves twice in the last 150 years a. Likely refocus on Asia i. Not an imperial take over this time ii. Strengthen their ties with China and Korea 1) Played a match of ping pong i) Japanese PM Yukio Hatoyama & Chinese Pres. Hu Jintao a) Wen Jiabao addressed Japanese Congress i) Japanese PM Yukio Hatoyama & Chinese Premier Wen Jiabao b) Love fest with Chinese 2) On day one they establish that they aren’t going to offend their neighbors a) Of the last 5 PMs - 4 have said (on day one) that they will not visit the Yasukuni war shrine 3) Reincorporate themselves into the Asian 'hood iii. Going to have to refocus their economy and government b. Down but Not Out i. Large booming economies and populations i. China will soon surpass Japan as number 2 economy, S. Korea will break top 10 ii. They are realizing their economic future lies in China, Korea and India a. Increasing trade ties, lowering tariffs etc. b. Japan is an Associate member now along with (India, S. Korea, China) i. Encompassing of half of the world's population 1) If they associate members join ASEAN will be the largest trade block in human history ii. ASEAN: Association of Southeast Asian Nations c. Other 5 members: N. Korea, S. Korea, China, Russia, US i.
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- Fall '08
- Economics, japan, People's Republic of China, Wen Jiabao, economic growth rate