Surprise Me!

Five things you need to know about Japan's new leader.

2012-12-17 78 Dailymotion

The election is over and Japan has elected its new prime minister.<br/> <br />The winner? Shinzo Abe.<br/> <br />So who exactly is this man charged with reviving the world's third-largest economy?<br/> <br />Here are 5 things you need to know about Japan's new number 1:<br/> <br />First, Abe is a comeback kid.<br/> <br />He was originally elected to the top office back in 2006, but bailed out just one year in over health issues.<br/> <br />Since then, the country's shuffled through leaders at a near annual rate culminating with Abe's return.<br/> <br />Number two, he's a hawk.<br/> <br />Abe wants Japan to move on from its post-World-War-II pacifism.<br/> <br />He's a visitor to the controversial Yasukuni war shrine, and has plans to boost defense spending.<br/> <br />Number three, the Abe of today is no Beijing appeaser.<br/> <br />After making overtures to China in his first stint as PM, he's now taking a harder stance.<br/> <br />The biggest potential flashpoint - these tiny Japanese-administered islands in the East China Sea. Both countries claim them, and Abe has pledged to defend them.<br/> <br />Number four, he is Japan's answer to the Kennedys. Or the Bushs I guess, in the dynastic political family sense.<br/> <br />Abe's father served as a foreign minister. His grandfather, an ex-prime minister too.<br/> <br />And number five, Abe's war on deflation.<br/> <br />Years of falling wages, lower prices, and weak demand have all stunted Japan's economic growth.<br/> <br />Abe wants to shake up the central bank with unlimited stimulus and a two-percent inflation target.<br/> <br />This could be his defining policy, but also potentially his most difficult to achieve.

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