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  • 2019.11.11 Monday
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  • by スポンサードリンク


The Reshuffling of the Abe Cabinet

 On October 2nd, Prime Minister Shinzo Abe reshuffled his cabinet. However, Japanese citizens did not pay much attention to it because, on the precious day, the Nikkei Stock Average hit its highest mark and Professor Tasuku Honjo won the Nobel Prize in Physiology and Medicine. While Japan is enjoying relative prosperity, Prime Minister Abe should keep in mind that there is a long way until the end of the tunnel.                                                                               Since the Nikkei Average marked the previous all-time high of 38,915 yen set in 1989, it had decreased to only one-fifth of its high within a decade, hitting a low of 7,054 yen in March 2009. Since then, it has more than tripled, reaching 24,245 yen on the 1st. Still, the Abe Cabinet should not be elaborated. The U.S.’s Dow-Jones and Germany’s DAX have increased by over 8 times in 27 years.                                                                               The Nobel Prize in Physiology and Medicine was awarded to James P. Allison of the U.S. and Tasuku Honjo of Japan for their independent discoveries of separate proteins useful for the treatment of cancer. 26 Japanese have received Nobel Prizes, including Prof. Youichirou Nanbu and Prof. Shuuji Nakamura, who are U.S. citizens, and British writer Kazuo Ishiguro. Until 2017, the U.S. has overwhelmingly acquired 261 Nobel Prizes, followed by the U.K. (79), Germany (69), and France. Japan is ranked 5th. I hope that Japanese researchers continue to win Nobel Prizes.                                                                               Prime Minister Abe had better brace himself for the fallout from his politics. A survey by the Nikkei Shimbun and TV Tokyo showed that only 28% approved the cabinet reshuffle whereas 45% disapproved. Accordingly, the approval rating of the cabinet decreased from 55% to 50%  whereas its disapproval rating increased from 39% to 42%.                                                                              When he was inaugurated as the prime minister for the first time in 2006, he formed a cabinet of close confidents. He, himself, was free from scandal. However, his fellow ministers were involved in several cases of minor malfeasance.                                                                               I can understand that, as the head of the Liberal Democratic Party, he has to provide his fellow politicians with political appointments. I hope that the cabinet members will behave more honorably then the former ministers did.    


  • 2019.11.11 Monday
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  • 22:57
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  • by スポンサードリンク


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