Masayoshi Takemura

Masayoshi Takemura (武村 正義 Takemura Masayoshi?, born 26 August 1934) is a Japanese politician. Elected as a representative of the Liberal Democratic Party, in 1993 he broke away to form New Party Sakigake, before joining the newly formed Democratic Party of Japan in 1997. He served as Chief Cabinet Secretary and then Finance Minister in the Japanese government of the mid 1990s.

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Early life

Takemura was born in Gamō district in Shiga Prefecture, to a family of farmers. Initially studying engineering at Nagoya University, he graduated from University of Tokyo studying education and finance. He began his professional life as a bureaucrat in the Home Affairs Ministry.

Political career

After leaving the Ministry, he was elected mayor of Yōkaichi in Shiga Prefecture, and then governor of Shiga prefecture from 1974 to 1986.[1] He was elected to the Lower House in 1986 as a representative of the Liberal Democratic Party. In 1993 he split from the LDP to found the New Party Sakigake.[2]

He took part in the coalition governments of Morihiro Hosokawa as Chief Cabinet Secretary and Tomiichi Murayama as Finance Minister.

Described as "blunt, pragmatic and outspoken",[3] his confrontational tenure at the finance ministry led Euromoney to describe him as "The worst finance minister of the year" for 1995.[4] It has been speculated that his confrontational attitude towards the officials of the Ministry of Finance stem from the manner in which the Hosokawa government fell apart over the introduction of consumption tax, with Ministry of Finance Officials conspiring with Hosokawa to keep coalitions partners in the dark over their plans.[3]

Personal life

References

  1. ^ Look Japan, Volume 41. (1995). Look Japan, Ltd. p. 7.
  2. ^ Sanger, David E. (June 25, 1993). In a Tokyo Hotel Room, The Swords Came Out. The New York Times.
  3. ^ a b Brown, J. Robert (1999). The Ministry of Finance: Bureaucratic Practices and the Transformation of the Japanese Economy. Greenwood Press. ISBN 978-1567202304. 
  4. ^ WuDunn, Sheryl (January 10, 1996). "Few Takers for Japanese Finance Post". The New York Times. http://www.nytimes.com/1996/01/10/business/international-business-few-takers-for-japanese-finance-post.html. 
Political offices
Preceded by
Hirohisa Fujii
Minister of Finance of Japan
1994-1996
Succeeded by
Wataru Kubo