Economist Podcasts

Suga-free Diet: Japan’s next leader

Sep 29, 2021
Noah Snyder, The Economist's Tokyo bureau chief, sheds light on Japan's political climate and Kishida Fumio's rise as prime minister amidst public dissatisfaction. He analyzes Kishida's challenges in gaining trust and implementing reforms. Meanwhile, Kenley Salmon, the Africa correspondent, delves into Nigeria's megachurch phenomenon, discussing their immense wealth and the concerning financial practices that resemble Ponzi schemes. The stark contrast between the opulence of church leaders and the struggles of their congregants raises important ethical questions.
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INSIGHT

Kishida's Win: Establishment Power

  • Kishida Fumio's victory in the LDP election reflects the party's establishment's power.
  • This outcome might indicate a rejection of public opinion, given Kishida's lower popularity in public polls.
INSIGHT

Kishida's Challenges

  • Kishida Fumio comes from a political family and needs to address Japan's pandemic response and economic issues.
  • He must also continue Japan's proactive role in international affairs.
INSIGHT

Kishida's Fuzzy Vision

  • Kishida Fumio's political vision remains unclear despite promises of stimulus and a new form of capitalism.
  • He has presented himself as a compromise figure, which makes it difficult to discern specific policy directions.
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