Aug. 31 (Bloomberg) -- Sheila Smith, senior fellow of Japan studies at the Council on Foreign Relations, talks with Bloomberg's Margaret Brennan about the Democratic Party of Japan's election win over the Liberal Democratic Party and the outlook for DPJ President Yukio Hatoyam to implement policy changes promised during the campaign.

The DPJ swept to power for the first time as the nation’s voters turned their backs on half a century of single-party government that failed to reverse economic stagnation and spiraling welfare costs. (Source: Bloomberg)

00:00 Japan's election, DPJ, economy, Hatoyama

Running time 04:54

Last Updated: August 31, 2009 12:38 EDT