Financial

Habatsu

Habatsu

Political factions within the Liberal Democratic Party (LDP) of Japan. Except for 11 months in 1993 and 1994, the Liberal Democratic Party was the ruling party of Japan constantly between 1955 and 2009, when it lost reelection to the Democratic Party. Because the LDP was effectively the only party in Japan for so long, habatsu functioned much like parties themselves; that is, they vied with each other for dominance within the LDP. However, habatsu largely centered on personality, rather than policy or ideology. Their influence has declined since the 1990s.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive
Habatsu (informal and formal cliques of people which form in order to maintain information flows, control and power in stratified cross-sections of the organization) creates formal social structures resistant to ideas that threaten their autonomy.
The author's explanation of the important phenomenon of political party cliques (habatsu) is minimal.
Copyright © 2003-2025 Farlex, Inc Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.