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ARTICLE · 03 AUGUST 2016

A stable Japan: Our largest source of productive investment in 2015

Corrs Chambers Westgarth
Corrs Chambers Westgarth
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Corrs Chambers Westgarth

Corrs Chambers Westgarth

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Japan is quietly having a substantial, positive impact on our urban lifestyle – and is looking for further opportunities.

AustraliaGovernment, Public Sector

Political stability at least in terms of the tenure of Prime Ministers has not always been associated with Japan. But Prime Minister Shinzo Abe has changed this with his third consecutive election victory.

In Upper House elections held in Japan on July 10, Prime Minister Abe's ruling Liberal Democratic Party (LDP) achieved a sweeping victory. Counting coalition supporters and independents, he now has a two thirds majority in both houses of the Japanese parliament (Diet), a so-called "super majority".

Japan's political and social position is in stark contrast to the political turmoil and uncertainty associated with BREXIT, stagnant economies and serious terrorism in Europe; and increased violence on the streets and an extraordinary six months of vitriolic Presidential primaries in the US.

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