First over the past half-century shift in power in Japan will change the lives of ordinary citizens of this country, the role of Tokyo in the international arena and will be beneficial for the Ukrainian economy, which has good contacts with the Land of the Rising Sun
When the spring of this year during a visit to Japan, Prime Minister Yulia Tymoshenko came to pray in a Shinto temple, her gesture aroused in Ukraine's sarcasm and skepticism smile. But, apparently, a show Timoshenko respect local traditions in Tokyo was observed. Over the past six months after her visit, relations between the two countries have gone further than all the previous 17 years of cooperation.
Today, this progress is even more valuable, because for the first time for 53 years in Japan gave way to power. In the elections to the lower house of parliament the country was "finished" with the ruling Liberal Democratic Party. Won by their rivals - the Democrats. They promise to social welfare, "rejuvenation" of the population and intensified concern about the ecology of the planet. But most importantly - their initiatives can have a positive impact on the prosperity and the Ukrainians.
Everyone is waiting for change
The crisis finally concluded that twenty years ago, the beginning of economic stagnation - finally undermined public confidence in Japan's ruling Liberal Democratic Party. The inhabitants of land of the rising sun accumulated quite a few claims to the Liberal Democrats. The last twenty years the country is experiencing economic stagnation, and the last nine months as a result of the global financial crisis and did was in the shadow of recession. Today 5,7% of the working population of this state - the unemployed, that Tokyo is antirecord. And although, according to recent statistics, Japan took, finally, this economic "swamp" (in April-June, the Japanese economy for the first time in five quarters showed growth), long-term problems of the country had gone nowhere. Its new leadership will have to deal with a rapidly aging population, the horrific national debt (170% of GDP) and the pension system caused by the first two factors. By 2015, every fourth person in Japan will be over 65 years. And fight with all these need to be encrusted in for 53, almost eternal reign Liberal Democrats bureaucratic system.
The new owner of the political life of the country - the Democratic Party - promises disgruntled current economic situation for him in Japan almost a social paradise. Its leader, Yukio Hatoyama promises to reduce tax pressure and cancel the tuition fees, increase the child allowance (to stimulate the birth rate) and increase the minimum wage. According to the plans of the Democratic Party in Japan will be repealed tax on the use of the Japanese highways. Such methods of the future Prime Minister Hatoyama (his appointment is expected, the parliament must approve a week) intends not only to "appease" the Japanese population, but also push up the GDP. Today Japan's economy is heavily dependent on exports, Hatoyama also is counting on economic growth, based not on the export and domestic consumption.
In the sphere of foreign policy, Democrats promised to bring Japan out of the actual regional isolation in which the country of the rising sun hit "default" after World War II. To this end, they intend to re-examine the presence of U.S. military in Japan to improve relations with Asian states and Russia and to initiate the creation of a single Asian currency.
Japanese Obama
In the span of change promised by the future Prime Minister of the Land of the Rising Sun, called the Japanese Obama. However, the reaction of the Japanese themselves to change their government and not nearly like the joy of the inhabitants of the U.S. last November. The lack of any enthusiasm among ordinary people is explained quite simply - they vote not so much "for" Democrats as "against" the Liberal Democratic Party.
But even more restrained reaction to Japanese business. In the early hours before and after the elections, the Japanese stock market experienced a little excitement. The transfer of power to the Democrats have raised market expectations that the second-largest economy of the world will be given to "reboot". On the eve of elections, the Nikkei 225 index reached a record high for the past 11 months of magnitude. But how long this enthusiasm did not last. Japanese investors are very attentive, and this is understandable - for 53 had not in opposition to the Japanese authorities have long lost the skills of government. A realization of a number of promises the Democrats in the economy raises serious misunderstandings and suspicion. Thus, the winners of the election promises to pay more attention to the welfare of ordinary Japanese people and to increase government expenditure on social services is in clear contradiction with the main "headache" of the country - the volume of state debt. The market fears that the new government of a lack of tax revenue will be offset by the expense of debt issues. On the eve of elections, for example, the previous government of Japan has asked the public with a request to purchase state-bonds (small "portions" of the securities at 65 yen). Against this backdrop, some economists "promise" that by the end of ten-year government bond yields in Japan will grow from 1,32% to 1,8%. "If the Democratic Party decides to further support the idea of increasing state spending, not being able to find in this sphere, by cutting which can be avoided, further inflating the budget deficit, expect a backlash as stock market and currency market in Japan", - says Richard Jerome, chief economist for Japan at Macquarie Securities.
The victory of the Democrats raised more unpleasant emotions among investors - representatives of major Japanese businesses and exporters. They are well "worked" with their predecessors in power, managing to lobby for the necessary laws for themselves in Parliament. New boss same country Hatoyama has already promised to reduce government support for traditional Japanese corporations. Also, it does not bode well desire to "near-prime minister" to reduce dependence on exports of Japanese economy and to focus on economic growth based on domestic consumption. There is no reason for joy and the Japanese farmers. To find funds to increase social payments future head of the Japanese Government wants to freeze the funds of the 14 trillion. yen ($ 151.1 billion), which must be allocated by the Government before 31 March 2010 under the incentive scheme of the Japanese economy. Including the "freezing" to be 700 million yen under the Japanese assistance to farmers.
"In general, the economics are not particularly friendly Democrats are configured according to the market", - says Jerome. And apparently willing to sacrifice its interests for the interests of their constituents. That is why, not having time to grow on the results of the elections, already in early September Nikkei went down again.
Not too was an emotional reaction to the Democrats came to power on the part of foreign investors, governments and media. All of them are still poorly understood, which is a future leader of Japan, and therefore limited to dry official congratulations. United States, for example, clearly embarrassed Hatoyama thesis is that Japan should become an equal partner in the Washington region (today, according to Japanese officials in Tokyo are "in the wake of" USA). But because the White House by President Obama simply said that he believes that the close cooperation between the two countries "will continue to prosperity under the leadership of the new government of Japan." The only people who win the Democratic Party brought a truly positive emotions - it is the Russians. Moscow is clearly delighted desire Hatoyama peacefully resolve the conflict over the Kuril Islands, which smoldered in the bilateral Russo-Japanese relations in recent months.
The new leader Yukio Hatoyama going to radically change the lives of Japan
The leader of the victorious Democratic Party of Japan, with almost 100% likely to become prime minister. But this political victory for Hatoyama risks turn into vendettas. For political dynasty Hatoyama is closely connected with the Liberal Democratic Party, which is almost 54, almost continuously held the power in the country. Father of future Prime Minister Ichiro Hatoyama founded this political force, and grandchildren, of course, went in the footsteps of his grandfather. Yukio's ambitions go beyond the family tradition of liberal Democrats. He has created, led, and led to the victory of the Democratic Party of Japan. However, a rebellion against the family started much earlier. First, he has long refused to engage in politics. Up to 36 years Yukio Hatoyama deal exclusively with science, graduated from Tokyo and Stanford University and University of Sins. And he went into politics in 1983, and, logically, became secretary to his father, who at that time was a member of the upper house of the Japanese parliament. In 1986, Yukio was already in the lower chamber of parliament, and until 1993 to keep pace with family political force. After that he became co-presidents renewed the Democratic Party of Japan, as a result played a crucial role in his political career. He claims to chair the premier. Being involved in politics, although Hatoyama and walked away from the views of the family, but, apparently, at the genetic level, it took some persuasion. He, like his grandfather in 1956, intends to develop relations with Russia. Today, led by Hatoyama Company "Russia-Japan".
When the spring of this year during a visit to Japan, Prime Minister Yulia Tymoshenko came to pray in a Shinto temple, her gesture aroused in Ukraine's sarcasm and skepticism smile. But, apparently, a show Timoshenko respect local traditions in Tokyo was observed. Over the past six months after her visit, relations between the two countries have gone further than all the previous 17 years of cooperation.
Today, this progress is even more valuable, because for the first time for 53 years in Japan gave way to power. In the elections to the lower house of parliament the country was "finished" with the ruling Liberal Democratic Party. Won by their rivals - the Democrats. They promise to social welfare, "rejuvenation" of the population and intensified concern about the ecology of the planet. But most importantly - their initiatives can have a positive impact on the prosperity and the Ukrainians.
Everyone is waiting for change
The crisis finally concluded that twenty years ago, the beginning of economic stagnation - finally undermined public confidence in Japan's ruling Liberal Democratic Party. The inhabitants of land of the rising sun accumulated quite a few claims to the Liberal Democrats. The last twenty years the country is experiencing economic stagnation, and the last nine months as a result of the global financial crisis and did was in the shadow of recession. Today 5,7% of the working population of this state - the unemployed, that Tokyo is antirecord. And although, according to recent statistics, Japan took, finally, this economic "swamp" (in April-June, the Japanese economy for the first time in five quarters showed growth), long-term problems of the country had gone nowhere. Its new leadership will have to deal with a rapidly aging population, the horrific national debt (170% of GDP) and the pension system caused by the first two factors. By 2015, every fourth person in Japan will be over 65 years. And fight with all these need to be encrusted in for 53, almost eternal reign Liberal Democrats bureaucratic system.
The new owner of the political life of the country - the Democratic Party - promises disgruntled current economic situation for him in Japan almost a social paradise. Its leader, Yukio Hatoyama promises to reduce tax pressure and cancel the tuition fees, increase the child allowance (to stimulate the birth rate) and increase the minimum wage. According to the plans of the Democratic Party in Japan will be repealed tax on the use of the Japanese highways. Such methods of the future Prime Minister Hatoyama (his appointment is expected, the parliament must approve a week) intends not only to "appease" the Japanese population, but also push up the GDP. Today Japan's economy is heavily dependent on exports, Hatoyama also is counting on economic growth, based not on the export and domestic consumption.
In the sphere of foreign policy, Democrats promised to bring Japan out of the actual regional isolation in which the country of the rising sun hit "default" after World War II. To this end, they intend to re-examine the presence of U.S. military in Japan to improve relations with Asian states and Russia and to initiate the creation of a single Asian currency.
Japanese Obama
In the span of change promised by the future Prime Minister of the Land of the Rising Sun, called the Japanese Obama. However, the reaction of the Japanese themselves to change their government and not nearly like the joy of the inhabitants of the U.S. last November. The lack of any enthusiasm among ordinary people is explained quite simply - they vote not so much "for" Democrats as "against" the Liberal Democratic Party.
But even more restrained reaction to Japanese business. In the early hours before and after the elections, the Japanese stock market experienced a little excitement. The transfer of power to the Democrats have raised market expectations that the second-largest economy of the world will be given to "reboot". On the eve of elections, the Nikkei 225 index reached a record high for the past 11 months of magnitude. But how long this enthusiasm did not last. Japanese investors are very attentive, and this is understandable - for 53 had not in opposition to the Japanese authorities have long lost the skills of government. A realization of a number of promises the Democrats in the economy raises serious misunderstandings and suspicion. Thus, the winners of the election promises to pay more attention to the welfare of ordinary Japanese people and to increase government expenditure on social services is in clear contradiction with the main "headache" of the country - the volume of state debt. The market fears that the new government of a lack of tax revenue will be offset by the expense of debt issues. On the eve of elections, for example, the previous government of Japan has asked the public with a request to purchase state-bonds (small "portions" of the securities at 65 yen). Against this backdrop, some economists "promise" that by the end of ten-year government bond yields in Japan will grow from 1,32% to 1,8%. "If the Democratic Party decides to further support the idea of increasing state spending, not being able to find in this sphere, by cutting which can be avoided, further inflating the budget deficit, expect a backlash as stock market and currency market in Japan", - says Richard Jerome, chief economist for Japan at Macquarie Securities.
The victory of the Democrats raised more unpleasant emotions among investors - representatives of major Japanese businesses and exporters. They are well "worked" with their predecessors in power, managing to lobby for the necessary laws for themselves in Parliament. New boss same country Hatoyama has already promised to reduce government support for traditional Japanese corporations. Also, it does not bode well desire to "near-prime minister" to reduce dependence on exports of Japanese economy and to focus on economic growth based on domestic consumption. There is no reason for joy and the Japanese farmers. To find funds to increase social payments future head of the Japanese Government wants to freeze the funds of the 14 trillion. yen ($ 151.1 billion), which must be allocated by the Government before 31 March 2010 under the incentive scheme of the Japanese economy. Including the "freezing" to be 700 million yen under the Japanese assistance to farmers.
"In general, the economics are not particularly friendly Democrats are configured according to the market", - says Jerome. And apparently willing to sacrifice its interests for the interests of their constituents. That is why, not having time to grow on the results of the elections, already in early September Nikkei went down again.
Not too was an emotional reaction to the Democrats came to power on the part of foreign investors, governments and media. All of them are still poorly understood, which is a future leader of Japan, and therefore limited to dry official congratulations. United States, for example, clearly embarrassed Hatoyama thesis is that Japan should become an equal partner in the Washington region (today, according to Japanese officials in Tokyo are "in the wake of" USA). But because the White House by President Obama simply said that he believes that the close cooperation between the two countries "will continue to prosperity under the leadership of the new government of Japan." The only people who win the Democratic Party brought a truly positive emotions - it is the Russians. Moscow is clearly delighted desire Hatoyama peacefully resolve the conflict over the Kuril Islands, which smoldered in the bilateral Russo-Japanese relations in recent months.
The new leader Yukio Hatoyama going to radically change the lives of Japan
The leader of the victorious Democratic Party of Japan, with almost 100% likely to become prime minister. But this political victory for Hatoyama risks turn into vendettas. For political dynasty Hatoyama is closely connected with the Liberal Democratic Party, which is almost 54, almost continuously held the power in the country. Father of future Prime Minister Ichiro Hatoyama founded this political force, and grandchildren, of course, went in the footsteps of his grandfather. Yukio's ambitions go beyond the family tradition of liberal Democrats. He has created, led, and led to the victory of the Democratic Party of Japan. However, a rebellion against the family started much earlier. First, he has long refused to engage in politics. Up to 36 years Yukio Hatoyama deal exclusively with science, graduated from Tokyo and Stanford University and University of Sins. And he went into politics in 1983, and, logically, became secretary to his father, who at that time was a member of the upper house of the Japanese parliament. In 1986, Yukio was already in the lower chamber of parliament, and until 1993 to keep pace with family political force. After that he became co-presidents renewed the Democratic Party of Japan, as a result played a crucial role in his political career. He claims to chair the premier. Being involved in politics, although Hatoyama and walked away from the views of the family, but, apparently, at the genetic level, it took some persuasion. He, like his grandfather in 1956, intends to develop relations with Russia. Today, led by Hatoyama Company "Russia-Japan".
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