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Monetary and Fiscal Policy of Japan

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Monetary and Fiscal Policy of Japan
Monetary and fiscal policy of japan. Political…
The politics of Japan is conducted in a framework of a parliamentary representative democratic monarchy where the Prime Minister of Japan is the head of government and the head of the Cabinet that directs the executive branch. Legislative power is vested in the Diet, which consists of the House of Representatives and the House of Councillors. Japanese politics encompasses the multi-party system. The judicial power is vested in the Supreme Court and lower courts. In academic studies, Japan is generally considered a constitutional monarchy with a system of civil law.
The Constitution of Japan defines the emperor[1] to be "the symbol of the state and of the unity of the people." He performs ceremonial duties and holds no real power, not even emergency reserve powers. Political power is held mainly by the Prime Minister and other elected members of the Diet. The Imperial Throne is succeeded by a member of the Imperial House of Japan as designated by the law. Sovereignty is vested in the Japanese people by the constitution. Though his official status is disputed, on diplomatic occasions the emperor tends to behave as the head of state.
Political Parties and Elections[edit source | editbeta]
Several political parties exist in Japan, however, mainly LDP dominated the politics of Japan since 1955 and the DPJ played an important role being in opposition several times.

House of Representatives Election in 2005

House of Councillors election in 2007
For other political parties see List of political parties in Japan. An overview on elections and election results is included in Elections in Japan. e • d Summary of the 30 August 2009 Japanese House of Representatives election results[2][3][4][5]

Alliances and parties Local constituency vote PR block vote Total seats +/− Votes[6] % Seats Votes % Seats (pre- election) (last gen. election) Democratic Party (DPJ)
33,475,335 47.43% 221 29,844,799

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