GLG's Japan CoreAlpha team discuss the implications and possible consequences of Japanese Prime Minister Shinzo Abe's landslide election win this weekend.
The result [Japan's governing coalition retained its super majority, with its overall number of seats remaining roughly flat at an estimated 325 out of 475] will be seen as vindication of and support for Abe's policies, particularly as he took a risk in gambling on winning an election that he did not need to call for another couple of years. In short, Abe will dominate the political scene in a way that few Japanese prime ministers of the modern era have achieved, and he will have an opportunity to impose his policies to an extent rarely available in Japan. There have been repeated opp...
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