Leaving the "1940" System and Moving into a New System

Yukio Noguchi

Japanese Economy, 1996, vol. 24, issue 3, 83-94

Abstract: Editor's Note: This article was written shortly after the July 1993 general election in which the Liberal Democratic party (LDP) lost its majority control of the House of Representatives. As the LDP stepped down, a coalition government was formed by new political parties. However, this government was short lived. In July 1994, it was replaced by a coalition of the LDP, the Japan Socialist Party (JSP), and the Sakigake party. Chairman Tomiichi Murayama of the JSP was appointed prime minister even though the JSP became an even smaller minority party. He resigned from the post in January 1996 and premiership passed to Ryutaro Hashimoto, newly elected president of the LDP.

Date: 1996
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DOI: 10.2753/JES1097-203X240383

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