Article-Economy Archive

  • The government’s irresponsible economic policies are imperiling recovery and bringing efforts to rebuild Tōhoku’s shattered industrial sector to a standstill. This discredited administration must step down immediately for the good of the country, says economist Nariai Osamu.

    A Fatal Lack of Urgency

    The government’s irresponsible economic policies are imperiling recovery and bringing efforts to rebuild Tōhoku’s shattered industrial sector to a standstill. This discredited administration must step down immediately for the good of the country, says economist Nariai Osamu.

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  • Prime Minister Kan Naoto’s incompetent leadership at home and abroad is damaging Japan’s national interest. The time has come for the Japanese people to face up to the seriousness of the situation they are in and boot this blundering government out of office, writes economist Nariai Osamu.

    Japan’s Government of Fools: Enough is Enough

    Prime Minister Kan Naoto’s incompetent leadership at home and abroad is damaging Japan’s national interest. The time has come for the Japanese people to face up to the seriousness of the situation they are in and boot this blundering government out of office, writes economist Nariai Osamu.

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  • Who will shoulder the costs of getting Japan back on its feet after the earthquake of March 11? Economist Nariai Osamu objects to plans to secure funds by cutting back on official development assistance and having the Bank of Japan underwrite government bonds.

    Have the Current Generation Foot the Reconstruction Bill

    Who will shoulder the costs of getting Japan back on its feet after the earthquake of March 11? Economist Nariai Osamu objects to plans to secure funds by cutting back on official development assistance and having the Bank of Japan underwrite government bonds.

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  • These are extraordinary times, and they call for extraordinary action. Economist Nariai Osamu criticizes the Japanese government’s failure to adequately lead the recovery effort, and argues that a new leadership structure must be established to cut through bureaucratic red tape and speed up the pace of rebuilding the affected areas.

    Japan Needs to Be on a “Wartime” Footing

    These are extraordinary times, and they call for extraordinary action. Economist Nariai Osamu criticizes the Japanese government’s failure to adequately lead the recovery effort, and argues that a new leadership structure must be established to cut through bureaucratic red tape and speed up the pace of rebuilding the affected areas.

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  • The first supplementary budget to fund reconstruction has been passed and services have been fully restored on the Tōhoku branch of the Shinkansen bullet train line. Former administrative vice-minister of finance Tango Yasutake says the signs are encouraging, and suggests that the Japanese economy is on the road to recovery.

    Moving Onto the Next Stage of Recovery

    The first supplementary budget to fund reconstruction has been passed and services have been fully restored on the Tōhoku branch of the Shinkansen bullet train line. Former administrative vice-minister of finance Tango Yasutake says the signs are encouraging, and suggests that the Japanese economy is on the road to recovery.

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  • Ishi Hiromitsu, former chairman of the government’s Tax Commission and professor emeritus at Hitotsubashi University, argues that a burgeoning sense of solidarity among the Japanese people will make it possible to raise taxes and take other necessary steps to finance the reconstruction drive in the wake of the recent disaster.

    Higher Taxes Are Inevitable

    Ishi Hiromitsu, former chairman of the government’s Tax Commission and professor emeritus at Hitotsubashi University, argues that a burgeoning sense of solidarity among the Japanese people will make it possible to raise taxes and take other necessary steps to finance the reconstruction drive in the wake of the recent disaster.

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  • The earthquake and tsunami devastated numerous cities across wide stretches of northeastern Japan. Kishii Takayuki, president of the City Planning Institute of Japan, explains why Japan’s reconstruction program needs to focus on rebuilding tsunami defenses and pushing ahead with urban development at the same time.

    First Steps Toward Reconstruction

    The earthquake and tsunami devastated numerous cities across wide stretches of northeastern Japan. Kishii Takayuki, president of the City Planning Institute of Japan, explains why Japan’s reconstruction program needs to focus on rebuilding tsunami defenses and pushing ahead with urban development at the same time.

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  • Nakamura Yoshio, vice-chairman and director general of Nippon Keidanren (Japan Business Federation), discusses what his organization is doing not only to assist the immediate post–March 11 recovery effort, but also to help formulate policies needed to revive Japan’s crucial industrial base.

    Getting Japan Back on Track

    Nakamura Yoshio, vice-chairman and director general of Nippon Keidanren (Japan Business Federation), discusses what his organization is doing not only to assist the immediate post–March 11 recovery effort, but also to help formulate policies needed to revive Japan’s crucial industrial base.

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  • Utsumi Makoto, president of the Japan Credit Rating Agency and a leading expert on international currency policy, looks at the likely impact of the disaster on the Japanese economy.

    Prepare for a Weaker Yen

    Utsumi Makoto, president of the Japan Credit Rating Agency and a leading expert on international currency policy, looks at the likely impact of the disaster on the Japanese economy.

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  • Economist Nariai Osamu considers the fiscal policies Japan that needs to introduce to address the impact of the earthquake on the Japanese economy.

    Grasping the Nettle on Public Finances

    Economist Nariai Osamu considers the fiscal policies Japan that needs to introduce to address the impact of the earthquake on the Japanese economy.

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