Word: hashimoto
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Dates: during 1990-1999
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Only a few days before the conference, Japan's Prime Minister Ryutaro Hashimoto stepped down because of his failure to right Japan's flagging economy, adding urgency to the conference's mission, said organizer Hal Scott, Nomura professor of international financial systems at the Law School...
...think the fact that Hashimoto lost the election turned out to make the conference even more relevant," Scott said. Planning for the conference began about 18 months...
...secret playoff is on for a successor to Ryutaro Hashimoto as the next Japanese prime minister. Whoever he is -- and there is a short list of front-runners, none of whom have Hashimoto's dynamic reputation -- he'll come from the ranks of the ruling Liberal Democratic Party. And that's part of Japan's conundrum. Traditionally, there has been no serious alternative to the LDP. The Japanese public has been willing to elect members of rival parties into the weak Upper House as a form of protest, as they did on Sunday, but they're still reluctant...
TOKYO: Prime Minister Hashimoto may have left the bridge in the middle of a storm, but don't expect Tokyo to pick a strong helmsman to replace him. "Unless Japan's new prime minister is a real surprise rather than any of the likely candidates, we can expect more political chaos and not less," says TIME Tokyo bureau chief Frank Gibney...
...Hashimoto resigned after his party was humiliated at the polls, stalling even the halting steps at economic reform recently launched by Tokyo. "Hashimoto didn't say the policies were flawed or that the LDP was to blame -- he's trying to take the blame for not implementing the reforms quickly and effectively," says Gibney. Hashimoto will stay in office until the LDP appoints a successor. The leading candidate right now is Foreign Minister Keizo Obuchi, who's known as a consensus builder rather than a Teddy Roosevelt. "The LDP needs a consensus to govern," says Gibney. "The fact that Hashimoto...