Japanese political risk of increased volatility in the global economy.

<P> Sudden resignation of Prime Minister, it is not for the purposes of Japanese politics is nothing new, in recent years than at any time, Junichiro Koizumi over 5 years, the remaining term of more than the Prime Minister appears in about a year change. .However, early Wednesday Yukio Hatoyama's resignation, is still more volatile after the party turnover dropped a bomb in Japan's political arena, but also makes the already debt-crisis in Europe, the international economic situation under the more complicated and confusing. .</ P> <P> campaign promise planted the seeds </ P> <P> Hatoyama less than nine months in office only a short time, even in the past 10 years, the Prime Minister used to see the change of Japanese politics, which is .very rare condition. .As early as first assumed office, the Japanese media for the minimum expectations of Hatoyama is the hope he can do than the previous few longer prime minister, Japan's political and economic situation can thus more consistent. .Now it seems that this desire is a prophecy against. .While the fuse is Hatoyama resigned Japan and the U.S. on the relocation of U.S. bases in Okinawa, but in fact the analysis of the root causes of the Democratic Party came to power, we can easily find, as early as the time of the election, Hatoyama seeds of instability for the regime .have been planted. .</ P> <P> general election last August, the Democratic Party to "regime change" as the slogan, claiming that led to end the political career bureaucrats, elected politicians established by the National-led politics. .The slogan for the tired politics of the Japanese people powerful family, no doubt, is a breeze, and U.S. military bases on Okinawa's tough stance has earned a lot of support. .U.S. presidential election with "change" concept demonstration, in the lost decade of struggling voters will ultimately vote for the promise of well-being of ordinary people in Japan's Democratic Party, in order to achieve the LDP in 1955 after the establishment of the first political party .change, Hatoyama will become a new Japanese Prime Minister. .</ P> <P> However, the ruling Democratic Party, more than six months time, the face of the complex political and economic situation in Japan, Hatoyama no way to change the regime, the public generally spread disappointment. .In economic terms, while the Democratic Party during the election campaign promised to cut government waste, bureaucratic restrictions dominate the power of specific policies, through the suspension of tax increases start the economy. .Commitment to give people many benefits, but the Democratic Party came to power, economic performance is weak, but is within the economic policy orientation of political parties, the dispute continued. .Hatoyama government took office only in the hundred days, the Financial Minister Hirohisa Fujii said the disease to resign, and Kan, successor fiscal policy with its predecessor in almost a hundred and eighty degree turn, the internal contradictions of the Democratic Party horizon .. .</ P> <P> Since then, Hatoyama government on U.S. military bases in the attitude has been unable to campaign promises, such as when it was tough, the relocation plans to eventually let the matter rest, led the Social Democratic Party from the coalition government, with .increasingly troubled by the heavy pressure on Democratic members of the Senate elections, political parties was apparent internal divisions, a sharp decline in public support for the Prime Minister finally step down. .</ P> <P> the new challenges facing the global economy </ P> <P> Hatoyama resigned suddenly after the election no matter who the Democratic Party took over as Prime Minister of Japan, will be a hot potato, after all, approaching the Senate election, and Japan is complex .The powerful family political system, and the economic downturn brought about by the spread of popular discontent, will make the new prime minister, facing great challenges, the slightest mistake, can lead to ruin his political reputation, while Japan's economic policy direction .Obviously it will thus become more complicated and confusing. .</ P> <P> frequent changes of regime instability caused by economic policies, but also for the 20th century, is trying to get rid of economic weakness since the 90s into the "lost decade" of the Japanese economy, bring new uncertainties. .Expansion of the work of crisis and conflict between social welfare increasingly difficult to reconcile, the national debt deficit hanging sword on the top, in an aging society in Japan as early as possible if you can not find a new economic growth momentum and move forward path, not only the world's second largest .economy status at any time without insurance, or even more likely to enter a longer than previous economic winter period. .The new economic policy from the formulation, implementation to be effective, requires a relatively long time span, but also to a relatively stable political systems as their base of support is necessary, which is from Europe facing a debt crisis is not a rare .conclusion, it is clear the current political situation in Japan is difficult to provide such conditions, thus its prospects for future economic development will be difficult to be optimistic. .</ P> <P> debt crisis began to take shape in Europe, second bottom of the risk of the global economy, when Japan's turbulent political and economic situation facing increasing uncertainty in the market, but also to countries around the world more carefully consider the specific exit policies .implementation pace, in order to prevent improper implementation of the policy increased the rate of economic correction, and even trigger a new round of crisis. .Mobilized on an unprecedented scale in economic stimulus measures and put the excess money after the policy choices of this time will be more difficult than the end of 2008. .</ P>.