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  • Articles: Multimedia: Japan Society
    Economic Recovery Future Challenges in Asia the Pacific March 2 2010 Haruhiko Kuroda of the Asian Development Bank visited Japan Society to discuss the economic challenges ahead for Asia and the Pacific Read More Business Policy The New Post Recession Paradigm February 11 2010 A distinguished panel of specialists in economics and financial markets met at Japan Society to reflect on the way forward after the global economic downturn Read More Policy The United States Japan in the Post Crisis World February 10 2010 Robert Dohner Deputy Assistant Secretary for Asia at the Treasury Department shared his reflections on the challenges facing Japan and the United States in the aftermath of the global financial crisis Read More Policy Japan U S Security Treaty 50 Years On January 19 2010 A distinguished panel of Asia specialists gathered at Japan Society to share reflections on the state of the Japan U S Security Treaty signed 50 years ago to the day Read More Policy JCIE s Hitoshi Tanaka Changes in Japan s Foreign Policy January 14 2010 Hitoshi Tanaka formerly Deputy Minister of Foreign Affairs and now at the Japan Center for International Exchange spoke about the new DPJ government and the implications for the U S Japan alliance Read More Policy Liberal Democratic Party Diet Member Taro Kono Discusses Japanese Politics and the Role of the LDP December 15 2009 LDP Diet member Taro Kono spoke at Japan Society about his vision of the new LDP and his hopes for Japan s future Read More Business Policy View from the IMF Building a Post Crisis Global Economy December 10 2009 John Lipsky of the International Monetary Fund spoke at Japan Society about the global economic outlook and the challenges of moving towards a more stable post crisis world Read More Business

    Original URL path: http://japansociety.org/content.cfm?page=/page/multimedia/articles&StartRow=61&SearchNum=10 (2016-02-14)
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  • U.S. Response to the Fukushima Nuclear Accident: Articles: Multimedia: Japan Society
    Borchardt s presentation PDF Topics Policy Calendar of Events February 2016 S M T W Th F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Language Center Event Nihongo Chat Support Japan Society Become a Member Make a Donation Corporate Membership Corporate Sponsorship About Overview Brief History Board

    Original URL path: http://japansociety.org/page/multimedia/articles/us_response_to_the_fukushima_nuclear_accident (2016-02-14)
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  • Why Japan May Surprise the World: Rebirth after the Tohoku Quake?: Articles: Multimedia: Japan Society
    Download Kyohei Morita s presentation PDF Topics Business Policy Calendar of Events February 2016 S M T W Th F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Language Center Event Nihongo Chat Support Japan Society Become a Member Make a Donation Corporate Membership Corporate Sponsorship About Overview

    Original URL path: http://japansociety.org/page/multimedia/articles/whyjapanmaysurprisetheworld (2016-02-14)
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  • Revitalizing Japan’s Capital Market and Entrepreneurship after the Quake: Articles: Multimedia: Japan Society
    Download Tetsutaro Muraki s presentation PDF Topics Business Calendar of Events February 2016 S M T W Th F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Language Center Event Nihongo Chat Support Japan Society Become a Member Make a Donation Corporate Membership Corporate Sponsorship About Overview Brief

    Original URL path: http://japansociety.org/page/multimedia/articles/revitalizing_japans_capital_market_and_entrepreneurship_after_the_quake (2016-02-14)
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  • Japan & the World after the Quake: Articles: Multimedia: Japan Society
    tax rate the big concern is the uncertainty of Japanese politics Aggressive fiscal and monetary policies will support economic recovery in the second half of this year Mr Imamura said He expects GDP growth of about 1 percent this year and 2 5 percent next year However it does not mean the establishment of the structure of sustainable growth in the Japanese economy A temporary increase in public debt is inevitable but from the postponement of the fiscal reform may cause a rising Japanese government bond yield in the near future To avoid this situation the government would have to cut expenditures and may have to hike some tax rates for the next year For the Tohoku area it s essential to restore the stable life of residents as soon as possible However the simple restoration of the streets and the buildings is not the solution What s needed is reconstruction of the industries and society to address problems of aging demographics and falling birthrates in many parts of the region It s been said that the impact of the disaster on overall Japanese GDP will be minimal at best because the economies of Miyagi Iwate and Fukushima prefectures are based largely on agriculture and fisheries noted Paul Scalise an energy economist and non resident fellow at Temple University s Japan campus But the conventional wisdom may not apply if there is an electricity crisis Including both nuclear and conventional plants over 50 percent of Tohoku s capacity and over 34 percent of TEPCO s is currently offline Even before the March 11 quake significant fractions of the two companies power generation capacity were offline including some damaged in a 2007 earthquake and some idled for regular maintenance Considering the nation as a whole the fraction of downed nuclear capacity that s offline is small only 3 5 percent Dr Scalise said The regional picture is more complex There is a frequency mismatch between western Japan s electricity system which operates at 60 hertz and eastern Japan s which includes both TEPCO and Tohoku Electric and which operates at 50 hertz This means that virtually none of the electric energy generated in the west some 114 gigawatts in all can be channeled to the east Self generation installations lack network connections New entrants in the electricity generation market are too small to make an impact TEPCO s reserve margins have been dipping low for years in summer as low as 2 percent he said Today the company s reserve margin is vastly lower below negative 24 percent Tohoku Electric has implemented rolling blackouts and TEPCO is beginning to do so as well Together the two regions have 33 million residential customers and 3 million industrial customers and consume 40 percent of Japan s kilowatt hours sold A worst case scenario ironically enough would be that the nuclear crisis is contained quickly whereupon residential and industrial demand both go back up Under a base case situation which Dr Scalise said matches

    Original URL path: http://japansociety.org/page/multimedia/articles/japan__the_world_after_the_quake (2016-02-14)
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  • What Impact Will Monetary Easing Have on U.S. & Global Economies?: Articles: Multimedia: Japan Society
    that it would not have been in 1997 for the Japanese banks How do central bankers and policymakers abroad view the effect of quantitative easing in the U S Gillian Tett of The Financial Times replied Under many measures you can argue that QE2 has worked already because a deep recession has been staved off However right now I think the future of that is pretty uncertain Countries abroad worry about exchange rate pressures a number have imposed quasi capital controls and about inflation pressures and the future of the dollar There s a widely shared belief that yet again America is refusing to bite the bullet of the badly needed adjustment trying to stave off the bust stave off the day of reckoning through various forms of easy policy What are the domestic political ramifications of QE that could have an impact on the Fed s actions down the road This more subtle concern that the U S is failing to deal with its long range problems is a theme that s very important in the Tea Party dialogue as exemplified in Rick Santelli s remarks on CNBC Dr Resler said In the face of the financial crisis I think it s interesting that we re seeing kind of this revival of the Austrian tradition in economics he added I m not totally persuaded that what we re doing is in fact superior to biting the bullet but I m pretty sure that biting the bullet would be pretty devastating in the very short run In the long run it might be much better but that s a long run we re probably not going to see happen in that fashion The UK right now is embarking on a strategy of trying to bite the bullet which makes the current dilemmas the most fascinating laboratory test case in how to respond to a slump Dr Tett said Quantitative easing if you will is a sugar coating on the pill of the need to actually get serious about drawing up proactive fiscal plans The danger is that everyone keeps sucking the sugar and doesn t ever actually take the pill This is actually what has gone on in Japan for the last 25 years Professor Ogawa commented The Bank of Japan has been saying to the LDP and now to the DPJ you re spending money like drunken sailors on bridges that go to nowhere and Shinkansen that go to places that have 10 people living there and we re not going to take the risk of debasing the currency and fostering mega inflation unless you politicians put the budget in order And that s exactly what s happening in America and that s why you have this debate about independence of the Fed and independence of the Bank of Japan and should we adopt inflation targeting which is pretty much politically motivated should we adopt price targeting and so on The differences between the UK and U S approaches

    Original URL path: http://japansociety.org/page/multimedia/articles/what_impact_will_monetary_easing_have (2016-02-14)
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  • What's Next for the Global Economies?: Articles: Multimedia: Japan Society
    Chairman Japan Society Presider Motoatsu Sakurai President Japan Society Japan s economy expanded at a brisk 4 5 percent in the third quarter and another stimulus package is likely on the way But economic growth isn t expected to last and worries about the country s debt levels persist Meanwhile China s rapid growth is fueling fears of inflation fiscal pressures have put the euro s future in doubt and the Obama administration seems unable to kick start the economy s jobs machine With so much uncertainty in the global economy what can we expect Wilbur L Ross Jr Chairman CEO WL Ross Co LLC and Chairman Japan Society shares his thoughts on where our swiftly shifting economic world is going and how to make the best of it Read Wilbur L Ross Jr s Speech PDF Topics Business Policy Calendar of Events February 2016 S M T W Th F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Language Center Event Nihongo Chat Support Japan Society Become a Member Make a Donation Corporate Membership Corporate Sponsorship About

    Original URL path: http://japansociety.org/page/multimedia/articles/whats_next_for_the_global_economies (2016-02-14)
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  • Ambassador Roos at Japan Society: Articles: Multimedia: Japan Society
    sectors from food and agriculture to health care telecom manufacturing and finance Still foreign direct investment from the United States into Japan is way too low Expanding trade with mature economies such as Japan as well as fast growing markets elsewhere in Asia will help create new jobs in the U S for we support 5 000 jobs in the United States for every 1 billion of goods and services exported At the Yokohama APEC meeting last month Japan for the first time expressed a serious interest in joining the Trans Pacific Partnership or TPP Beyond offering access to growing markets membership in free trade agreements exposes firms to the new business models and other innovations that will enable it to remain globally competitive for years to come And in light of the recent landmark Korea U S free trade agreement I believe now it is even more important that Japan open up its markets in the near future Ambassador Roos who spent 25 years as an attorney in Silicon Valley before joining the Obama administration said that in his travels throughout Japan I ve seen the nationwide interest Japanese have for wanting to take entrepreneurship to the next level We d like to see Japan unleash its entrepreneurial potential including that of women as a part of its economic growth strategy The Japanese business community should emphasize a global outlook by leveraging expertise from around the world in their ventures or by developing products or services from the start that have worldwide sales potential encouraging a culture where second chances are embraced and by encouraging the government to create systems that support entrepreneurial growth The third or global partnership pillar involves working together on urgent global issues such as energy security and climate change including work on low carbon technology energy efficiency and smart grid technology nuclear security and nonproliferation where the focus includes North Korea and Iran and humanitarian aid including assistance in Haiti Afghanistan and Pakistan Thanks to our partnership with Japan in maintaining U S military bases in country the U S Marine Corps mobility and forward presence in Okinawa is routinely our primary responder to major natural disasters in Asia such as the 2004 Asian tsunami A little known fact by the way is that thanks to their positions in Japan the Marines along with other U S forces have led or participated in around 13 significant humanitarian assistance disaster relief missions in the last five years alone helping to save hundreds of thousands of lives Ambassador Roos said that he s often asked about a range of other issues that include access to Japanese markets for American beef assurance of a level playing field in the privatization of the Post Office international parental child abduction and relocation of the Futenma base in Okinawa While we have issues we are working through I am not overly concerned with the nature of our issues with Japan What I do worry about however is our need to

    Original URL path: http://japansociety.org/page/multimedia/articles/ambassador_roos_at_japan_society (2016-02-14)
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