Shigeru Ishiba, a 67-year-old veteran politician and former Defense Minister, has been elected as the new chairman of Japan's ruling Liberal Democratic Party (LDP), setting the stage for his appointment as the next Prime Minister. Ishiba's victory is seen as a significant shift from the national-conservatism espoused by his predecessor, Shinzo Abe. He defeated the national-conservative minister Sanae Takaichi, who was considered Abe's intellectual successor. Ishiba's election follows a damaging donation scandal within the LDP, which has eroded the party's reputation.
Ishiba plans to continue the economic policies of outgoing Prime Minister Fumio Kishida while also addressing critical reforms in Japan's pension and care systems. Known for his support of increased defense spending, Ishiba advocates for the creation of an Asian military alliance modeled on NATO. This stance aligns with his broader vision of a more assertive and secure Japan amidst growing regional tensions.
Domestically, Ishiba aims to restore public trust in the LDP and navigate Japan through its economic challenges, including inflation and the aftermath of the Bank of Japan's shift away from a low-interest-rate policy. He has also pledged to decentralize government functions to revitalize rural areas and proposed the establishment of a disaster prevention agency.
Ishiba's moderate approach to foreign policy emphasizes constructive relations with China and the pursuit of regional stability. Despite his conservative background, he has been a voice of dissent within the party, advocating for renewable energy and social reforms, such as allowing women to become reigning empresses and addressing the cost-of-living crisis.
As Ishiba steps into his new role, he faces the daunting task of leading a fractured party and a nation grappling with both internal and external pressures. His popularity among local leaders and voters could be crucial in rebuilding the LDP's standing ahead of the national elections scheduled for 2025.
