Linda Sieg and Antoni Slodkowski Tokyo
JAPANESE Prime Minister Shinzo Abe’s ruling coalition cruised to a big election win yesterday, but feeble turnout could weaken his claim of a mandate for policies including reflationary steps to revive the economy.
Most media exit polls showed Abe’s Liberal Democratic Party and its junior partner, the Komeito Party, winning more than 317 seats in the 475-member lower house, enough to maintain its “super-majority” that smooths parliamentary business.
But many voters, doubtful both of the premier’s “Abenomics” strategy to end deflation and generate growth, and the opposition’s ability to come up with a better plan, stayed at home, putting turnout on track for a record low, interim figures showed.
Turnout had already hit a post-war record low of 59.3 percent in the 2012 poll that returned Abe to power for a rare second term on pledges to reboot an economy plagued by deflation and an ageing, shrinking population.
Hopes for Abe’s “three arrows” of hyper-easy monetary policy, government spending and reforms such as deregulation were tarnished after the economy slipped into recession in the third quarter following an April sales tax rise.
Recent data suggest any rebound was fragile.
Abe decided last month to put off a second tax hike to 10 percent until April 2017, raising concerns about how Japan would curb its huge public debt.
“I worry that Japan’s public finances will get even worse,” said 38-year-old Tokyo voter Akihiro Fujihara. “I wish there was a party out there that would come up with actual proposals to make Japan a better place to live.”
Opposition
The main opposition Democratic Party of Japan was unable to gain much traction, largely due to voters’ memories of a 2009-2012 rule plagued by policy flip-flops, infighting and three premiers in three years.
Abe called the election in a bid to strengthen his grip on power before tackling unpopular policies such as restarting nuclear reactors taken offline after the 2011 Fukushima disaster and a security policy shift away from post-war pacifism.
Doubts, however, persist over whether Abe will knuckle down on his “third arrow” of reforms in politically sensitive areas such as labour market deregulation that would make it easier to shift workers to growth areas but also to lay off employees, and reform of the highly protected farm sector.
Critics say progress has been limited, partly due to opposition from members of Abe’s own party.
Some experts say Abe could also turn attention away from the economy to his conservative agenda that includes laying the groundwork to revise the post-war, pacifist constitution and recasting Japan’s wartime past with a less apologetic tone. That agenda raises hackles in China and South Korea, where bitter memories of Japan’s past militarism run deep. – Reuters