Japanese Prime Minister Shinzo Abe has spent much of the past few months forging ties with U.S. President Donald Trump's administration. But diplomacy is hardly his only priority for this year. As Tokyo ramps up its outreach to Washington and other regional partners, the prime minister will be busy trying to advance his domestic agenda before the Japanese Diet's current parliamentary session wraps up June 18. Passing structural reforms is the most significant component of Abe's three-pronged approach to getting Japan back on track to sustainable, long-term economic growth. It is also the most difficult to accomplish. Though Abe has made ample use of his plan's other two "arrows" -- monetary easing and fiscal stimulus -- to boost Japan's economic performance over the past four years, his promised changes to the economy's basic structure have gone largely unrealized.
Today, however, armed with supermajorities in both houses of the Diet and...
