It was on Abe’s birthday on September 22, that Koizumi formally picked him up to be his successor. This, coupled with full and uninterrupted support of his ruling Liberal Democratic Party (LDP), has paved smoothest possible way for Abe to be the PM. But the top post can actually turn out to be a path of thorns for Abe. Koizumi has brought back the economy of Japan from the verge of becoming bankrupt. He brought about fundamental changes and transparency in the almost opaque bureaucracy and political setup of the country. But on the other hand, Japan’s foreign relations with both China and S. Korea worsened during his tenure.
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Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006