Shinzo Abe (安倍 晋三, Abe Shinzō; Japanese pronunciation: [abe ɕindzoː]; born 21 September 1954) is a Japanese politician who served as Prime Minister of Japan and President of the Liberal Democratic Party (LDP) from 2006 to 2007 and again from 2012 to 2020. He is the longest-serving prime minister in Japanese history.
How long has ABE been prime minister?
Abe Shinzo, (born September 21, 1954, Tokyo, Japan), Japanese politician, who twice was prime minister of Japan (2006–07 and 2012–20).
Who was prime minister during Fukushima?
Naoto Kan (菅 直人, Kan Naoto, born 10 October 1946) is a Japanese politician who was Prime Minister of Japan and President of the Democratic Party of Japan (DPJ) from June 2010 to September 2011....Naoto KanPrime MinisterYukio HatoyamaPreceded byHirohisa FujiiSucceeded byYoshihiko NodaDeputy Prime Minister of Japan65 more rows
What is Abenomics Japan?
Abenomics is the nickname for the economic policies set out for Japan in 2012 when prime minister Shinzo Abe came into power for a second time. Abenomics involved increasing the nations money supply, boosting government spending, and enacting reforms to make the Japanese economy more competitive.
Why did Abenomics fail?
Japans potential growth rate, which used to exceed 4% in the 1980s, slid near zero last year from around 1% before Abenomics began, according to BOJ estimates. “Structural reform, or the third arrow, has been the declaring failure of Abenomics,” said Samuel Tombs, chief U.K. economist at Pantheon Macroeconomics.
What caused Japans lost decade?
Japans Lost Decade was a period that lasted from about 1991 to 2001 that saw a great slowdown in Japans previously bustling economy. The main causes of this economic slowdown were raising interest rates that set a liquidity trap at the same time that a credit crunch was unfolding.
Is Prime Minister Suga married?
Personal life. Suga is married and has three sons.
How successful has Abenomics been?
By some measures, “Abenomics” was a resounding success. Most notably, the “three arrows” of monetary stimulus, fiscal stimulus and economic reforms should be credited for Japans employment boom from 2013-19, with 5.5 million jobs added despite a shrinking and aging population after decades of stagnation.