Word: ohira
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Dates: during 1970-1979
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...surprise election yesterday of Masayoshi Ohira to replace Takeo Fukuda as prime minister of Japan may result in some subtle shifts in Japanese policy, but will probably not cause any major changes, Harvard Asian experts predicted yesterday...
...Ohira, the 68-year-old secretary general of Japan's ruling Liberal Democratic party, was characterized by experts as somewhat more moderate than Fukuda, who has been prime minister since...
...among the L.D.P.'s half-dozen factions in a bid to succeed Miki. Their rivalry became so bitter that they maintained separate national headquarters during the three-week campaign and kept up a running feud that badly damaged L.D.P. prospects. One possible compromise choice is Finance Minister Masayoshi Ohira. Miki is genuinely convinced that radical reforms are needed to refurbish the L.D.P.'s image. His diagnosis: "The party caused its own defeat because we failed to reflect deeply on our past mistakes...
...second half, a trend that will accelerate sharply in 1976 (see chart). To make sure it happens, Schmidt and Giscard agreed a fortnight ago on a joint $5.5 billion pump-priming effort ($2 billion to be spent in Germany, $3.5 billion in France). Japanese Finance Minister Masayoshi Ohira has also promised further steps to stimulate demand. Yet as welcome as that news may be, it will mean little to the 15 million jobless in Europe, Japan and North America. Global unemployment, according to the OECD, will not begin to decline until mid-1976, and it may rise further before then...
...Cabinet will contain members of all L.D.P. blocs and thus may be more effective than Tanaka's was in pushing programs through the Diet. Even so, it is uncertain how long the ambitious Fukuda and Ohira will continue to back the new Premier. Either may attempt to undermine Miki-if and when he feels strong enough to become Premier himself. That kind of power play, however, could destroy the L.D.P. and plunge Japan into political instability...