Author: Peter Drysdale
Publisher:
ISBN:
Category : Japan
Languages : en
Pages : 96
Book Description
Change and Response in Japan's International Economic Policy
Policy Uncertainty in Japan
Author: Ms.Elif C Arbatli
Publisher: International Monetary Fund
ISBN: 1484302362
Category : Business & Economics
Languages : en
Pages : 48
Book Description
We develop new economic policy uncertainty (EPU) indices for Japan from January 1987 onwards building on the approach of Baker, Bloom and Davis (2016). Each index reflects the frequency of newspaper articles that contain certain terms pertaining to the economy, policy matters and uncertainty. Our overall EPU index co-varies positively with implied volatilities for Japanese equities, exchange rates and interest rates and with a survey-based measure of political uncertainty. The EPU index rises around contested national elections and major leadership transitions in Japan, during the Asian Financial Crisis and in reaction to the Lehman Brothers failure, U.S. debt downgrade in 2011, Brexit referendum, and Japan’s recent decision to defer a consumption tax hike. Our uncertainty indices for fiscal, monetary, trade and exchange rate policy co-vary positively but also display distinct dynamics. VAR models imply that upward EPU innovations foreshadow deteriorations in Japan’s macroeconomic performance, as reflected by impulse response functions for investment, employment and output. Our study adds to evidence that credible policy plans and strong policy frameworks can favorably influence macroeconomic performance by, in part, reducing policy uncertainty.
Publisher: International Monetary Fund
ISBN: 1484302362
Category : Business & Economics
Languages : en
Pages : 48
Book Description
We develop new economic policy uncertainty (EPU) indices for Japan from January 1987 onwards building on the approach of Baker, Bloom and Davis (2016). Each index reflects the frequency of newspaper articles that contain certain terms pertaining to the economy, policy matters and uncertainty. Our overall EPU index co-varies positively with implied volatilities for Japanese equities, exchange rates and interest rates and with a survey-based measure of political uncertainty. The EPU index rises around contested national elections and major leadership transitions in Japan, during the Asian Financial Crisis and in reaction to the Lehman Brothers failure, U.S. debt downgrade in 2011, Brexit referendum, and Japan’s recent decision to defer a consumption tax hike. Our uncertainty indices for fiscal, monetary, trade and exchange rate policy co-vary positively but also display distinct dynamics. VAR models imply that upward EPU innovations foreshadow deteriorations in Japan’s macroeconomic performance, as reflected by impulse response functions for investment, employment and output. Our study adds to evidence that credible policy plans and strong policy frameworks can favorably influence macroeconomic performance by, in part, reducing policy uncertainty.
Japan's New Regional Reality
Author: Saori N. Katada
Publisher:
ISBN: 9780231190725
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 0
Book Description
Japan's regional geoeconomic strategy -- Foreign economic policy, domestic institutions and regional governance -- Geoeconomics of the Asia-Pacific -- Transformation in the Japanese political economy -- Trade and investment : a gradual path -- Money and finance : an uneven path -- Development and foreign aid : a hybrid path.
Publisher:
ISBN: 9780231190725
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 0
Book Description
Japan's regional geoeconomic strategy -- Foreign economic policy, domestic institutions and regional governance -- Geoeconomics of the Asia-Pacific -- Transformation in the Japanese political economy -- Trade and investment : a gradual path -- Money and finance : an uneven path -- Development and foreign aid : a hybrid path.
Restoring Japan's Economic Growth
Author: Adam Simon Posen
Publisher: Peterson Institute
ISBN: 9780881322620
Category : Business & Economics
Languages : en
Pages : 216
Book Description
Criticism of current Japanese macroeconomic and financial policies is so wide spread that the reasons for it are assumed to be self-evident. In this volume, Adam Posen explains in depth why a shift in Japanese fiscal and monetary policies, as well as financial reform, would be in Japan's self-interest. He demonstrates that Japanese economic stagnation in the 1990s is the result of mistaken fiscal austerity and financial laissez-faire rather than a structural decline of the "Japan Model." The author outlines a program for putting the country back on the path to solid economic growth - primarily through permanent tax cuts and monetary stabilization - and draws broader lessons from the recent Japanese policy actions that led to the country's continuing stagnation.
Publisher: Peterson Institute
ISBN: 9780881322620
Category : Business & Economics
Languages : en
Pages : 216
Book Description
Criticism of current Japanese macroeconomic and financial policies is so wide spread that the reasons for it are assumed to be self-evident. In this volume, Adam Posen explains in depth why a shift in Japanese fiscal and monetary policies, as well as financial reform, would be in Japan's self-interest. He demonstrates that Japanese economic stagnation in the 1990s is the result of mistaken fiscal austerity and financial laissez-faire rather than a structural decline of the "Japan Model." The author outlines a program for putting the country back on the path to solid economic growth - primarily through permanent tax cuts and monetary stabilization - and draws broader lessons from the recent Japanese policy actions that led to the country's continuing stagnation.
Japan's Growing Technological Capability
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309047803
Category : Technology & Engineering
Languages : en
Pages : 244
Book Description
The perspectives of technologists, economists, and policymakers are brought together in this volume. It includes chapters dealing with approaches to assessment of technology leadership in the United States and Japan, an evaluation of future impacts of eroding U.S. technological preeminence, an analysis of the changing nature of technology-based global competition, and a discussion of policy options for the United States.
Publisher: National Academies Press
ISBN: 0309047803
Category : Technology & Engineering
Languages : en
Pages : 244
Book Description
The perspectives of technologists, economists, and policymakers are brought together in this volume. It includes chapters dealing with approaches to assessment of technology leadership in the United States and Japan, an evaluation of future impacts of eroding U.S. technological preeminence, an analysis of the changing nature of technology-based global competition, and a discussion of policy options for the United States.
Economic Development and International Trade
Author: Ippei Yamazawa
Publisher: Resource Systems Institute East West Center
ISBN:
Category : Business & Economics
Languages : en
Pages : 298
Book Description
In a direct and easy-to-use style, the Savvy Savings Guide series offers financial advice for both your personal and professional life. With each new book, readers learn how to earn more, spend less, and save for important events such as retirement and your child's college education. From paying less on your taxes to starting a small business the Savvy Savings Guide series seeks to help you save money and succeed.
Publisher: Resource Systems Institute East West Center
ISBN:
Category : Business & Economics
Languages : en
Pages : 298
Book Description
In a direct and easy-to-use style, the Savvy Savings Guide series offers financial advice for both your personal and professional life. With each new book, readers learn how to earn more, spend less, and save for important events such as retirement and your child's college education. From paying less on your taxes to starting a small business the Savvy Savings Guide series seeks to help you save money and succeed.
Japan's Response to Crisis and Change in the World Economy
Author: Michèle Schmiegelow
Publisher: Routledge
ISBN: 131723510X
Category : Business & Economics
Languages : en
Pages : 221
Book Description
Originally published in 1986, after a period of global changes and financial crisis in the majority of industrialised countries, this book explores how Japan’s economy seemed to maintain its success. This study provides an overview of the Japanese case and the main schools of thought that arose from it by dealing with export-related issues such as reforms in foreign exchange and trade control laws and the internationalisation of Japan’s financial markets as well as more domestic issues such as employment and wages. This title will be of interest to students of Asian Studies and Economics.
Publisher: Routledge
ISBN: 131723510X
Category : Business & Economics
Languages : en
Pages : 221
Book Description
Originally published in 1986, after a period of global changes and financial crisis in the majority of industrialised countries, this book explores how Japan’s economy seemed to maintain its success. This study provides an overview of the Japanese case and the main schools of thought that arose from it by dealing with export-related issues such as reforms in foreign exchange and trade control laws and the internationalisation of Japan’s financial markets as well as more domestic issues such as employment and wages. This title will be of interest to students of Asian Studies and Economics.
The United States and the World Economy: Foreign Economic Policy for the Next Decade
Author: C. Fred Bergsten
Publisher: Peterson Institute
ISBN: 0881325317
Category : United States
Languages : en
Pages : 475
Book Description
Publisher: Peterson Institute
ISBN: 0881325317
Category : United States
Languages : en
Pages : 475
Book Description
International Economic Cooperation
Author: Martin Feldstein
Publisher: University of Chicago Press
ISBN: 0226241815
Category : Business & Economics
Languages : en
Pages : 346
Book Description
"A readable, balanced, and provocative view of the prospects for fruitful international economic cooperation. The papers are realistic: each discusses the difficulties involved in reaching cooperative solutions or procedures as well as the benefits of doing so. The discussion among the conference participants is lively, interesting, and insightful."--William H. Branson, Princeton University
Publisher: University of Chicago Press
ISBN: 0226241815
Category : Business & Economics
Languages : en
Pages : 346
Book Description
"A readable, balanced, and provocative view of the prospects for fruitful international economic cooperation. The papers are realistic: each discusses the difficulties involved in reaching cooperative solutions or procedures as well as the benefits of doing so. The discussion among the conference participants is lively, interesting, and insightful."--William H. Branson, Princeton University
Japan's Foreign Policy in an Era of Global Change
Author: Takashi Inoguchi
Publisher: A&C Black
ISBN: 1780935110
Category : Juvenile Nonfiction
Languages : en
Pages : 223
Book Description
The evolution of Japan's foreign policy at the time of great transformation-cum-transition after World War II is analysed and considered from two angles: a Japan adrift, with an opportunistic, short-term pragmatism, and a Japan determinedly and tenaciously steadfast to its national interests. Inoguchi provides fascinating and balanced accounts of Japan's foreign policy at a time when its premises are seemingly undermined and its domestic and international underpinnings eroding. First published in 1993, this title is part of the Bloomsbury Academic Collections series.
Publisher: A&C Black
ISBN: 1780935110
Category : Juvenile Nonfiction
Languages : en
Pages : 223
Book Description
The evolution of Japan's foreign policy at the time of great transformation-cum-transition after World War II is analysed and considered from two angles: a Japan adrift, with an opportunistic, short-term pragmatism, and a Japan determinedly and tenaciously steadfast to its national interests. Inoguchi provides fascinating and balanced accounts of Japan's foreign policy at a time when its premises are seemingly undermined and its domestic and international underpinnings eroding. First published in 1993, this title is part of the Bloomsbury Academic Collections series.