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Search Result for “legacy”

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OPINION

Is Takaichi Sanae the 'Iron Lady' of Japan?

Oped, Koichi Hamada, Published on 10/11/2025

» For the first time in its history, Japan's parliament has selected a woman, Takaichi Sanae of the Liberal Democratic Party, to be prime minister. In this sense, Ms Takaichi has already followed in the footsteps of her political idol, Margaret Thatcher -- the UK's first female PM. But whether she is remembered as Japan's own "Iron Lady" will depend on her ability to manage three key challenges: inflation, low female labour-force participation and a fraught geopolitical environment.

OPINION

The lasting legacy of Abenomics

Oped, Koichi Hamada, Published on 31/05/2024

» After the 1985 Plaza Accord pushed the yen's exchange rate sharply upwards, Japan's economy suffered a severe slowdown that proved mightily difficult to reverse. In fact, the only prime minister to oversee a period of consistent growth and high employment in the past three decades was Shinzo Abe, during his second term, which began in 2012.

OPINION

Japan's giant of central banking

Oped, Koichi Hamada, Published on 16/05/2023

» Haruhiko Kuroda's ten-year tenure at the helm of the Bank of Japan was the most consequential in the central bank's history. Following his departure last month, it is worth reflecting on his record.