Word: hatoyamas
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...1950s Japan, during the years after the country's devastating defeat in World War II, Prime Minister Ichiro Hatoyama believed his island nation should not become too subservient to the U.S. To make his point, he flew to Moscow to normalize relations with the Soviet Union. It was a bold stand to take at the opening of the Cold War - and one that ultimately failed. Despite Hatoyama's views, Japan locked itself firmly into the U.S. orbit, becoming America's key Asian ally...
...Japan also stands as a warning to those who think tough decisions can be delayed indefinitely. Japan's public finally seems ready for something new. Voters last year tossed out the Liberal Democrats, who had governed almost uninterrupted since 1955. The new sheriff in town is Prime Minister Yukio Hatoyama of the Democratic Party of Japan. He's at least talking new ideas: reforming the government, improving the social safety net, cozying up to Asia. But his options are constrained by the mess built up over two decades of inaction. He's confronting an unsustainable fiscal position and an economy...
Spending the bulk of her time in Japan, Faust met with Japanese Prime Minister Yukio Hatoyama to discuss the declining number of Japanese students studying at American universities—something Hatoyama, who studied at Stanford, said he wished to address, according to Harvard history professor Andrew D. Gordon ’74, who participated in the meeting...
...also inevitable. Pressure is building on political leaders to prove they're serious about getting their countries' finances in order. In late January, S&P warned that it could downgrade Japan's sovereign rating if the new administration of Prime Minister Yukio Hatoyama doesn't rein in the deficit. In his January State of the Union address, President Barack Obama pledged to freeze discretionary fiscal spending for three years starting in 2011. "Like any cash-strapped family, we will work within a budget to invest in what we need and sacrifice what we don't," Obama said. (See pictures...
...look to China's success and roll back democracy or copy China's state capitalism. In fact, they are heading in just the opposite direction. The Presidents of South Korea and Taiwan believe deregulation is crucial for the future of their economies. In Japan, newly installed Prime Minister Yukio Hatoyama has wisely made weakening the power of the bureaucracy - not expanding it - one of his primary policy goals. Asia has also become a leader in promoting free trade, as a proliferation of free-trade associations (FTAs) continues to push back the power of the state. India, another country fingered...