Japanese analysts believe that the new Prime Minister Shigeru Ishiba will adopt a leadership style more similar to former Prime Minister Fumio Kishida rather than Shinzo Abe. Known for his pragmatism and willingness to compromise, Ishiba’s quick response to market turmoil after his victory shows a nuanced and balanced approach.
Economist Takahide Kiuchi from Nomura Research Institute predicts that Ishiba’s economic policies will likely follow Kishida’s path while moving away from Abenomics. This shift is expected to bring about a more moderate and flexible economic strategy under Ishiba’s leadership.
With Ishiba at the helm, Japan anticipates a new era of governance that prioritizes compromise and practical solutions. The market’s initial reaction to Ishiba’s victory reflects uncertainty, but his reassuring comments signal a commitment to stability and thoughtful decision-making.
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