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Study on the Economic Policies and the Legislation Trend of the Japanese Governments

  • Public Land Law Review
  • Abbr : KPLLR
  • 2013, 60(), pp.383-402
  • Publisher : Korean Public Land Law Association
  • Research Area : Social Science > Law

Cholho Choi 1

1청주대학교

Accredited

ABSTRACT

This thesis comparatively analyzes the economic pledges presented by the Japanese opposing parties during the lower house elections in 2009 and 2012, and discusses the evaluation on the legislation contents from an administrative law perspective. In the Japanese general election that was held in the fall of 2009, the Democratic Party promised so-called ‘universal welfare policy’ that included universal payment of children' benefits, free high school education and free highway pass as its electoral pledges to finally seize power by defeating the Liberal Democratic Party that had been in power for over five decades. Although the Democratic Party had claimed that universal welfare would be possible without tax increase, the Party that came into power changed one of its economic pledges, namely, the universal payment of children's benefits to selective payment. In addition, the Party nullified its pledges of free high school education and free highway pass after only partial implementation. The Party also ended up increasing consumption tax, all of which created a stern public sentiment that the Party betrayed the people, and the Party eventually handed over the power back to the Liberal Democratic Party after a crushing defeat in the general election that held in December 2012. This thesis comparatively analyzes the economic policies and legislation contents of the old and the new Japanese governments by reviewing the economic pledges presented by the Liberal Democratic Party in December 2012, namely, establishing ‘Japanese Economic Recovery Office’ in the cabinet and setting up ‘National Economic Strategy Council’ within the Japanese Economic Recovery Office, making strategic foreign investments including Asian Economic Bloc and signing economic partnerships, implementing international resource strategy, enacting economic recovery & industry competitiveness reinforcement law and implementing a bold easy-money policy including depreciation of yen. Since the unrestricted low yen policy of Japan has significant effects on the export economy of our country, the objective and contents of the study are to deduce implications on our country that is expecting a new government during the same period by analyzing the economic policies of the old and the new Japanese governments.

Citation status

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