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Focus of Japan-U.S. Economic Dialogue (I)Japan Should Pull the U.S. Away...

Key Points The most alarming course of action the U.S. could take is unilateral action. Japan should stress that it is pointless for the U.S. to see its trade balance with Japan as a problem. Japan...

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Focus of Japan-U.S. Economic Dialogue (II)Japan as a Bridge Between the U.S....

Key Points The economic-security nexus in U.S.-Japan relations is irrational. The TPP should be ratified in the other 11 member countries, and the door left open for U.S. participation. Japan should...

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Focus of Japan-U.S. Economic Dialogue (III)Shifting Towards a Primary Focus...

Key Points Japan should pursue common Japan-U.S. interests, with an eye towards China Bilateral negotiations over Japan-U.S. free trade agreements (FTAs) have effectively already begun Japan should...

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Challenges after the TPP-11 agreement: A guide towards establishing global rules

Key Points TPP-11 is a great achievement in Japanese economic diplomacy “Frozen” items will not detract from the quality of the agreement Move towards data localization should be restrained Prof....

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Stalled Fiscal Consolidation: Government MustAct Soon on Policy Normalization

Key Points Japanese economy: Likely to slump after Tokyo Olympics Emergency Measures: Continuing through 2020s not possible Healthcare Insurance: Adopt funded individual savings account system Prof....

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ICO: Dream or Nightmare?

Prof. Iwamura Mitsuru The rise of digital currencies, including Bitcoin, causes us to predict the arrival of a new era. This is because the technology of blockchain, which constitutes the foundation of...

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Blueprint for the Future of Social Welfare (I) : Social Security Cutting...

Key Points Policy switches in multiple fields have become an issue in advanced countries. The conversion of Japan’s social security systems to whole-generation social security produced results of a...

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Blueprint for the Future of Social Welfare (II) : Limiting State...

Key Points Japan has lagged behind in terms of human investment because of excessively expanded social insurance. Low-income earners are disadvantaged in terms of the social insurance burden and...

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Stalled Fiscal Consolidation:Private-Sector Financial Asset Surplus is Key

Key points: Private sector financial surplus can offset government financial deficit Domestic liquidity may be tight in second half of 2020s Long-term interest rates could rise before deficit in...

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Medical and Nursing Care Expenses and Social Security

After 2025, by when the baby-boomer generation will have turned 75, medical and nursing care expenses will be a severe issue. How should we construct an efficient system of benefits and payments? The...

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Interview: The Future of Digital Currencies

The fluctuations in the value of Bitcoin, an Internet digital currency, are becoming more and more rapid. People can use Bitcoin as money in an increasing number of shops, but is unstable Bitcoin a...

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Diversity Opens the Path to Innovation

Introduction Asakawa Chieko, Fellow, IBM Research-Tokyo I joined IBM Research—Tokyo in 1985 as the only visually impaired researcher at a time when there were very few female researchers at the...

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An Inside View from the Advisory Council on Easing the Burden of the Official...

In April 2017, the Advisory Council on Easing the Burden of the Official Duties and Public Activities of His Majesty the Emperor (hereafter, Advisory Council) put together its final report and...

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HondaJet: Fulfilling the Dream of Soichiro

Photo: KATAYAMA OSAMU   As HondaJet continues its successful demonstration tour of Europe, Katayama Osamu looks back on the development of the aircraft, the fastest, highest-flying, quietest, and most...

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Leverage Longer Lifespans to Boost Growth: Japan Center for Economic Research...

Points: Japanese economic growth rate set to slow under present circumstances Lifetime consumption rising with longer lifespans and working careers Boost consumption tax to 15% to provide for greater...

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Interview: Foreign Minister KONO Taro Japan’s Diplomatic Landscape in 2018...

―― Since you became Foreign Minister, your highly motivated strategic communications in Japan and abroad, as well as your active visits to foreign countries, have attracted attention. Foreign Minister,...

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Agenda for BOJ Governor in Second Term I: Japan’s Deflation Is Almost Fixed...

Key Points: Avoid real wages falling amid inflation targeting Improve messaging and reduce purchases of exchange-traded funds (ETFs) Further monetary easing policy may face criticism from abroad Prof....

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Agenda for BOJ Governor in Second Term II: Further commitment to do whatever...

Key Points: Inconsistent priorities have made monetary policy inflexible. The 2013 joint statement called for the establishment of a sustainable fiscal structure. A widening disparity between BOJ’s...

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Asia’s Growth and Japan III: Understanding the Values Attached Locally is the...

Key Points: A proper understanding of Asian markets is indispensable for building strategies. Values related to consumption vary from one region to another. Look for the key to adjustment to local...

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Asia’s Growth and Japan II: Large Cities Enjoy the Benefits of the...

Key Points: Shanghai’s per capita GDP is equal to those of high-income countries. The percentage of young people in large cities is higher than at the country level. There are concerns about the...

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