Shinzo Abe Departs – Business World Doesn’t Notice

Posted by Bill Belew on September 13th, 2007 in Japan | Comments Off

Japan's leading economic site Nikkei is saying, that Prime Minister Shinzo Abe's departure from the ranks as Japan's top politician will have no effect on Japan's economy.

"Mizuho Research Institute said, "Japan's economy is not propped up by fiscal spending, so this will not immediately have a negative effect on the underlying economy."

Nikkei reported, any shift in economic policy due to the change of government would have only a minute impact on the economy as long as the corporate sector remains solid."

Minute…that should make PM Abe feel swell.

The global economy is humming along so well, that it's pretty hard to not do good business these days…even in once dormant Japan.

What do you think Abe's departure will mean for businesses? 

 


 

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