Notable Point · 2:30:28-2:32:39

Political killings depleted Japan's economic leadership

Assassinations reduced economic expertise and, in one interpretation, obstructed the emergence of new elder statesmen.

Notes

Political killings had removed experienced prime ministers and finance ministers, reducing the pool of officials available to manage Japan's economic transition. The loss extended beyond particular economic policies to the people capable of directing them. One suggested explanation for the shortage of newly recognized genro is that hostile factions killed some potential candidates before they acquired that authority. Those factions opposed concentrating influence in a small group of elder statesmen. Economic reconstruction would have to proceed alongside the problem of rebuilding experienced political leadership.