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Political Data ~ Structure of Government ~ Economic Data
Political Data | |||||||||
Head of State: | |||||||||
Prime Minister: | Ryutaro Hashimoto | ||||||||
Finance Minister: | Hikarc Matsonaga | ||||||||
Economics Minister: | |||||||||
Foreign Minister: | Keizo Obuchi | ||||||||
Trade Minister: | Mitsuo Horiuchi | ||||||||
Central Bank Governor: | Masaru Hayami | ||||||||
Environment Agency Director General: |
Hiroshi Oki | ||||||||
Justice Minister: | Kokichi Shimoinaba | ||||||||
Labour Minister: | Bunmei Ibuki | ||||||||
Sherpa: | Koichi Haraguchi | ||||||||
Sous-Sherpa:
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Structure of Government | House of Councillors | 252 seats | |||||||
Political Party |
LDP 117, Heiseikai 56, 79 remaining seats held between 8 other parties. |
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Elections held every 6 years with half body chosen 3 years | |||||||||
House of Representative | 500 seats | ||||||||
Political Party |
LDP 261, Democratic Party of Japan 95, Peace Reform Network 47, Liberal Party 41 |
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Elections held every 4 years | |||||||||
Public Approval Rating: |
41%
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Economic Data | |||||||||
GDP: |
(1996) Yen 500,356 bln (1997 1st quarter) Yen 513 300 bln (1997 2nd quarter) Yen 502 702 bln (1997 3rd quarter) Yen 508 290 bln Source: IMF | ||||||||
Economic Growth Rate: |
(3 months*) - 0.7% change at annual rate (1 year/1997 4th quarter) - 0.2% change at annual rate The Economists Forecasts: (1998) nil; (1999) +1.0 Source: The Economist | ||||||||
Inflation: |
(3 months*) -2.6 % change at annual rate (1 year/Feb. 1998) +1.9% change at annual rate Source: The Economist *Average of latest 3 months compared with average of previous 3 months, at annual rate. | ||||||||
Unemployment: | (Feb. 1998) 3.6% Source: The Economist |
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Interest Rates: | Banks prime (22 April 1998): 1.63% per annum Source: The Economist |
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Exchange Rate: | [Yen per US dollar / Market Rate - Period Average]
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Current Account: | (Feb 1998) +102.9 $bln Source: The Economist |
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World Ranking | 2nd |
Prepared by Megan Harris and Ash Patel, University of Toronto G8 Research Group, May 1998.
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This Information System is provided by the University of Toronto Library and the G8 Research Group at the University of Toronto. |
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g8@utoronto.ca This page was last updated . |