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LDP |
Also found in: Acronyms, Wikipedia | 0.04 sec. |
Liberal-Democratic Party (LDP)Japan's largest political party, which held power almost continuously from its formation in 1955 until 1993. It was created through the amalgamation and transformation of various factions of the prewar Rikken Seiyukai and Minseito parties. The conservative LDP appeared threatened in the 1970s but survived; the end of the 1980s boom years (the “bubble economy”), financial crises, and political scandals finally caused the party to lose its majority in the Diet in 1993. It came back to power in a coalition government in 1994, and since then LDP prime ministers have included Obuchi Keizo and Koizumi Jun'ichiro.
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| If growers must lose beneficial interest to claim an LDP, there will be a lot more selling in the cash market at harvest to get the LDP. LDP and then coalition Japanese governments between 1993 and 1994 indicated to the US that Japan would be hard-pressed politically and militarily to support the imposition of sanctions. All producers should be making plans to take as much of an LDP payment in September as possible. |
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