Fukuda Doctrine
Takeo Fukuda was an expert in economics. He took on the role of an ‘economic prime minister’ under Miki's administration from 1974 to 1976. During this time, he established the Ministerial Conference on Economic Measures, enabling cross-ministry and agency talks on finance, wage and labor issues.
Fukuda subsequently became the 67th prime minister of Japan, lasting for only one term from 1976 to 1978. However, he was not forced out of office before he had gotten two major diplomatic reforms executed. Under Fukuda cabinet, Japan conducted an omnidirectional peace diplomacy, and signed Japan-China Treaty of Peace and Friendship in 1978. He pushed forward Japan's pacifistic position while making an effort to strengthen relations with Asian countries.
Shintaro Abe
He led a major LDP faction, the conservative Seiwa Seisaku Kenkyūkai, whose reins he took from former Prime Minister Takeo Fukuda in July 1986, and held a variety of ministerial and party posts, the former of which included Minister of Agriculture and Forestry and Minister of International Trade and Industry. Abe was named as Minister of International Trade and Industry in the cabinet of the then prime minister Zenkō Suzuki on November 30, 1981. During this period, he was seen as a young leader groomed for the future prime ministry. In November 1982, he was appointed Minister for Foreign Affairs in the cabinet of the then-prime minister Yasuhiro Nakasone, replacing Yoshio Sakurauchi. His term lasted until 1986.
Abe was a top contender to succeed Nakasone as prime minister in 1987, until he stepped aside for Noboru Takeshita, head of a powerful rival faction. Then, he was given the post of secretary general of the party in 1987. In 1988, his chances of becoming prime minister some time in the near future were again thwarted when his name became associated with the Recruit-Cosmos insider-trading stock scandal, which brought down Takeshita and forced Abe to resign as the party's secretary general in December 1988.