Japan

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Japan’s Economic Crossroads: Growth, Inflation, and the Search for a New Model

Expert Comment — Asia Programme 22 May 2026 Key Findings Japan’s core CPI is projected at 2.8 per cent for fiscal 2026, with the BOJ having raised rates above zero for the first time in 17 years. Japan’s nominal GDP is about to be overtaken by India, slipping to fifth place globally — a symbolic […]

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Scenic view of Kiyomizu-dera Temple with cherry blossoms in Kyoto, Japan, capturing traditional Japanese architecture at twilight.

Beyond the Yoshida Doctrine: The Rise of Unapologetic Conservatism in Japan

Introduction: The Ideological Heir Sanae Takaichi is not merely a high-ranking official in Japan’s Liberal Democratic Party (LDP); she is the standard-bearer for the rigorous, unapologetic conservatism formerly led by the late Prime Minister Shinzo Abe. While she currently serves as a powerful figure within the party rather than the Prime Minister, her “Takaichi Doctrine”

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