LDP campaign shows party’s major economic policy divisions

key takeaways

• In their initial proposals and their platforms, the Liberal Democratic Party’s (LDP) nine candidates have shown that there are major divisions within the party on how Japan’s economy should be governed.
• The three schools – the neoliberal reformers, the Kishida-ists, and the Abe-ists – have different priorities for growth and macroeconomic policy, suggesting that the eventual winner will have to manage these competing views.