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Points of Discussion Concerning the Strategic Energy Plan I: The nuclear...

< Key Points > Fifty years from now, no operational nuclear power reactors in Japan Postponements by politicians and bureaucrats have resulted in an absence of nuclear strategy and playmakers...

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Japan 150 years after the Meiji Restoration: Share its experience of...

Key takeaways The Meiji Restoration brought a democratic revolution in tandem with a hiring revolution State-of-the-art industries, technologies and knowledge in the West were vigorously sought...

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Meiji 150: The New Age of Inclusion and Pioneering Leadership

Leaders of the Iwakura Mission in London,1872. From left, Kido Takayoshi, Yamaguchi Masuka, Iwakura Tomomi, Ito Hirobumi and Okubo Toshimichi, PUBLIC DOMAIN 2018 marks 150 years since the Meiji...

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Meiji 150: From Steam to MagLev

Japan’s first railway, which opened in 1872, as depicted by Utagawa Hiroshige III, PUBLIC DOMAIN Underpinning the modernization of Japanese industry were its railways. Work started on Japan’s railways...

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Harmful impact of US import restrictions (I) : Contagion to other trade...

Key Points Steel protection a burden on user industries that will end in job losses Excess production capacity of Chinese state-owned enterprises (SOEs) a cause of friction Non-market measures under...

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Asian regional integration and the One Belt One Road Initiative: China and...

Prof. Hirakawa Hitoshi In today’s report, I will speak about not regarding the growth of China as the growth of just a country, but about regarding China as an East Asian emerging economy in the global...

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The new Japonisme: From international cultural exchange to cultural diplomacy...

Prof. Watanabe Hirotaka In my previous article I discussed the Japonisme 2018 event, but how should we evaluate this from the perspective of diplomacy? Certainly, it is true that a large-scale showcase...

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A Look Back at the Summing Up on the Special Abdication Law

Speaker of the House of Representatives Oshima Tadamori (72) was first elected in 1983, and has been elected a total eleven consecutive times. He has served as both Minister of Education and Minister...

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The Question of Plutonium Management (II): Protect Energy Choices—It is...

Key Points Japanese plutonium is difficult to convert into atomic bombs It is urgently necessary to build a system that makes full use of plutonium as fuel China and Russia are being proactive...

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The Conservation of Endangered Albatross Species

A short‐tailed albatross flies over the sea of Torishima Island. Deguchi Tomohiro, Researcher, Chief of Division of Avian Conservation, Yamashina Institute for Ornithology At one time, Short-tailed...

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The Harmful Effects of U.S. Trade Restrictions (II): A chain of retaliation...

Prof. Ishikawa Jota The United States is accelerating its restrictions on imports. On March 23, 2018, the Donald Trump administration imposed a 25% tariff on steel imports and a 10% tariff on aluminum...

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The BOJ’s Difficult Path Towards an Exit from Current Easing: A difficult...

Key Points Concerns over side effects of interest rate manipulation and ETF purchases The new version of Forward guidance is extremely weak The longer price stagnation persists, the stronger the side...

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The BOJ’s Difficult Path Towards an Exit from Current Easing: The BOJ should...

Key Points The Government and the BOJ must prevent national finances from spiraling toward collapse The BOJ cannot reduce JGB purchases to zero through the manipulation of interest rates The BOJ...

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New Developments in Albatross Conservation—Using biologging to elucidate...

Figure 1: A Laysan albatross with GPS, camera, and accelerometer data logger attached to its back. Photo credit: Nishizawa Bungo Watanuki Yutaka, Professor, School of Fisheries Science, Hokkaido...

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The BOJ’s Difficult Path Towards an Exit from Current Easing: Impact of ETF...

Key Points Stock buying by central banks is highly unusual No need to worry that unrealized losses will push BOJ into negative equity One option is for BOJ to simultaneously sell ETFs and buy an...

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What Do Growth Strategies Need?: Sweeping Away Citizens’ Anxiety Regarding...

Key Points Growth strategies do not raise corporate and household expectations Younger households suppress their consumption to a greater extent in anticipation of lower lifetime income Working style...

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Points of Discussion Concerning the Strategic Energy Plan: Toward policy...

Prof. Ito Koichiro The Strategic Energy Plan is based on two major principles. The first principle is that the government sets numerical targets regarding the future energy mix. Under the fifth draft...

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Moving toward Electric Vehicles Will Cause Dramatic Changes in Oil...

Oil prices will fall and relative dependence on the Middle East will increase as a result of changes, such as the global movement away from gasoline-fueled cars. Photo: Public Domain   Oil occupies a...

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Regeneration after The Damage Caused by The Nuclear Disaster — Reconstruction...

Evacuation orders are being lifted, but what is actually happening on the ground? Just the return of evacuees is not enough to rebuild lives. We need reconstruction policies that help individuals...

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In preparation for the worst-case scenario of a national default: Can the...

Governments don’t default? The Logic of Infallibility undermines Japan Prof. Kobayashi Keiichiro While the realities of the Japanese economy are progressing smoothly, with stocks surging and...

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