CJEB (Center on Japanese Economy and Business) Webinar series
“The Japanese Economy in the COVID-19 Era” series Organized by Takatoshi Ito and Keiko Honda
- August 13. Lessons from the Fight against COVID-19: Tokyo and New York. Panelists, Shigeru Omi (Subcommittee on Novel Coronavirus Disease Control), Tomoaki Kato (Columbia University), moderated by Takatoshi Ito (Columbia).
- August 5. Central Banking in the COVID-19 Era. Panelists, Haruhiko Kuroda (Bank of Japan) and Janet L. Yellen (Brookings Institution); Discussant, Patricia Mosser (Columbia), moderated by Takatoshi Ito (Columbia).
- July 20. Economic Recovery from the Pandemic and Transformation toward a Better New Normal in Japan and the United States. Yasutoshi Nishimura (Minister for Novel Coronavirus Disease Control) and Glenn Hubbard (Columbia), moderated by Takatoshi Ito (Columbia).
- July 15. ESG Investing in the COVID-19 Era. Panelists: Kathy Matsui (Goldman Sachs Japan) and Ronald P. O’Hanley (State Street), moderated by Keiko Honda (Columbia)
- July 8. International Financial Institutions in the COVID-19 Era. Panelists: Masatsugu Asakawa (ADB); Mitsuhiro Furusawa (IMF); and Keiko Honda (Columbia); moderated by Takatoshi Ito (Columbia), conducted in Japanese.
- June 17. What Japan Should Do Now in Preparation for Japan’s New Normal. Takatoshi Ito (Columbia), speaker; moderated by Keiko Honda (Columbia), conducted in Japanese.
■ 2023.1.20 Appeared on CNBC International TV.
“Japan’s inflation rate will probably be above 2% for some time, professor says” (YouTube)
■ 2023.1.19 An interview has appeared at Reuter.
“BOJ may raise yield cap again by mid-year, says academic Ito”
■ 2022.12.27 Project Syndicate column was published.
“Is the Bank of Japan Holstering Its Bazooka?”
■ 2022.12.21 Appeared on Bloomberg TV.
BOJ Tweaks Could Be First Step Toward Exit, Takatoshi Ito Says
■ 2022.11.21 Project Syndicate column was published.
“A Liz Truss Moment for Japan?”
■ 2022.10.20 Project Syndicate column was published.
“Down Goes the Yen”
■ 2022.9.28 Project Syndicate column was published.
“The Challenge of Monetary Tightening”
■ 2022.9.22 An interview has appeared at Market Place, a pulic radio program.
“As economies worldwide struggle with inflation, Japan faces another problem: a weak yen”
■ 2022.8.30 Project Syndicate column was published.
“Japan’s Lessons for Taiwan”
■ 2022.7.12 Project Syndicate column was published.
“Abe Shinzō’s Unmatched Legacy”
■ 2022.6.29 Project Syndicate column was published.
“America’s Watery Indo-Pacific Alphabet Soup”
■ 2022.5.24 Project Syndicate column was published.
“The Finlandization of Asia”
■ 2022.4.28 Project Syndicate published my column.
“Where Are America’s Red Lines in East Asia?”
The US decision not to intervene directly in the Ukraine war and risk a conflict with nuclear-armed Russia has prompted East Asian allies to question the value of America’s security guarantee. What would happen if China invaded Taiwan, North Korea invaded South Korea, or China sought to occupy Japan’s Senkaku islands?
■ 2022.4.28 Appeared on CNBC Live.
Video here (2 minutes 01 seconds)
STREET SIGNS ASIA
Japan’s central bank’s decision on unlimited bond buying is ‘the right move,’ says professor.
Takatoshi Ito, a professor at Columbia University and former Japanese deputy vice minister of finance, explains why the move is “correct.”
■ 2022.4.28 Appeared on National Public Radio, Marketplace.
“Japan, bucking the global trend, keeps interest rate low”
Excerpts from transcript
So people in Japan will keep paying more for the many things they import. But unfortunately, Japanese salaries have stagnated for the last three decades, according to Takatoshi Ito, a professor of international and public affairs at Columbia.
“Japanese should be really concerned about how to increase their wages and real income and consume more,” Ito said.
Allowing the yen to lose value today won’t support the Japanese economy the way it used to back when Japan manufactured more goods, Ito added.
“Many companies have already established the production base in the U.S. and Europe. So they’re quite, you know, neutral from this exchange rate.”
Inflation is back in Japan, but nothing like in the U.S. and Europe — which may explain why the nation’s central bank is going its own way.
■ 2022.4.28 I was quoted in Bloomberg.
“Yen’s Historic Fall Signals Rewrite of Global Currency Playbook”
■ 2022.3.25 Project Syndicate published my column.
”East Asian Security After Ukraine”
■ 2022.3.3 Project Syndicate published my column.
”Why Is Japan So Cheap ?”
■ 2022.1.13 Project Syndicate published my column.
”What Biden Should Do on Trade”
■ 2022.1.4 Appeared on NHK World.
”Rate Hike Risks”
■ 2021.12.22 Project Syndicate published my column.
”Does Japan Vindicate Modern Monetary Theory?”
■ 2021.11.19 Project Syndicate published my column.
Beware of Japan’s “New Capitalism”
■ 2021.10.20 Project Syndicate published my column.
“Where Will Fumio Kishida Take Japan?” on October 20.
■ 2021.9.20 Project Syndicate published my column.
“Japan’s Four Horse Race” on September 20.
It explains how the LDP President election works and how the general election that follows in about one month will affect the four-person race to the LDP President.
■ 2021.8.26 Project Syndicate published my column.
“Japan’s Delta Desperation” on August 26.
The column explains how COVID cases are rising rapidly and its impact on politics in Japan.
■ 2021.8.26 An article has appeared at Discuss Japan.
“Japan’s Delta Desperation”
■ 2021.7.30 I was quoted in Nikkei Asia.
“Japan bets on $90bn fund as universities lose ground to West”
■ 2021.7.15 I was quoted in New York Times.
”Inflation? Not in Japan. And That Could Hold a Warning for the U.S.”
■ 2021.7.14 An aritcle has appeared at Project Syndicate.
“Japan’s Quiet Olympics”
■ 2021.6.25 An article has appeared at Discuss Japan.
“Super Monetary Easing and the Asset Bubble: Limited disconnect from the real economy”
Discuss Japan, No.6４, Economy June 25, 2021.
■ 2021.6.22 An aritcle has appeared at Reuters.
”Academic close to Kuroda calls for ‘flexible inflation target’”
■ 2021.6.15 An aritcle has appeared at Project Syndicate.
”An Olympic-Size COVID Risk”
■ 2020.9.14 Appeared on NHK World, Newsroom Tokyo.
“Expert: Suga Faces Demographics Crisis”
■ 2020.8.6 Appeared on Bloomberg TV.
“Kuroda Defends BOJ Response, Independence”
■ 2020.7.1 I was invited to be on the radio show.
NPR, PLANET MONEY, “Inflation, Deflation”
■ 2020.4.15 Appeared on TV Tokyo, WBS.
“Thinking about the Corona crisis #9”
(Video can be viewed only by subscribers to Business On Demand.)