Japan's Ongoing Political Instability: Implications for U.S. Interests (open access)

Japan's Ongoing Political Instability: Implications for U.S. Interests

The surprise election of Socialist Party leader Tomiichi Murayama as Prime Minister on June 29, 1994, reflects an ongoing process of change and realignment in Japanese politics that, in the short term, has made the management of U.S.-Japan relations significantly more difficult and impeded the resolution of important issues. Although Murayama has pledged continuity in U.S.-Japan relations, and key cabinet posts have been given to senior LDP leaders with experience in dealing with Washington, his election could have a number of negative implications for U.S. interests. Among other possibilities, the change could temporarily set back the cause of political reform in Japan, further delay the recovery of the Japanese economy from a three-year long slump, pose new obstacles to trade negotiations aimed at more fully opening Japanese markets to U.S. goods and services, and bring into question Tokyo's cooperation under certain scenarios on the issue of North Korea's nuclear weapons program. The likely hiatus in major decisionmaking may continue at least until the next general election.
Date: July 8, 1994
Creator: Cronin, Richard P.
System: The UNT Digital Library