Nobuhiro Kiyotaki, Professor of Economics, Princeton University Key points Should corporate bankruptcies increase, credit crunch may follow Postponing retirement is more effective than high inflation for fiscal consolidation Promoting open economy is important for growth after the containment of COVID-19 Following COVID-19 pandemic and government restrictions on social and economic activities, the global economy plunged into the deepest recession of the postwar era and the lives of people have been affected profoundly. This article discusses the impact of the COVID-19 pandemic, policy responses and the future direction from a macro-economic perspective. The COVID-19 pandemic makes it difficult to engage in activities that involve social contact and possibility of infection. Consumption, especially services consumption in restaurants, leisure and hospitality, has decreased significantly. Let us look at consumption and employment in the United States by referring to data collected by Professor Raj Chetty of ... [Read more]
The Path that Dr. Nakamura Left to the Afghans: The Water that Saved 600,000 People (Mar. 31, 2020)
SAWACHI Hisae, nonfiction writer
In Memory of Former Prime Minister Nakasone Yasuhiro: My Sworn Friend for More than Sixty Years, a Selfless and Studious Person (Apr. 1, 2020)
WATANABE Tsuneo, Representative Director, Editor-in-Chief of The Yomiuri Shimbun Holdings
“Japanese‘Armitage-Nye Report’Launched” (August 2, 2017)
Tanaka Akihiko, President, National Graduate Institute for Policy Studies (GRIPS)
International Politics and Japanese Diplomacy as Seen from Eurasia: An Approach to “Geopolitical Economics” and “Global Governance” (Mar. 31, 2020)
WATANABE Hirotaka, Professor, Teikyo University
“A Long-Lived, Unamended Constitution” (October 27, 2017)
Kenneth Mori McElwain, MAKIHARA Izuru
How Japan should avoid becoming a loophole for technology leaks to China (Mar. 31, 2020)
HOSOKAWA Masahiko, Professor, Chubu University
“Prospects for the RCEP Negotiations: Protecting the Liberal Economic Order” (Aug 16, 2018)
OBA Mie, Professor, Tokyo University of Science
Will Fiscal Reconstruction Advance? (Mar. 25, 2020)
SATO Motohiro, Graduate School of Economics, School of International and Public Policy, Hitotsubashi University
The National Stadium and Horyu-ji Temple (Mar. 23, 2020)
KUMA Kengo, Architect
“A Collection of Modern French Paintings on a Return Visit to Europe — Masterpieces from the Bridgestone Museum of Art Ishibashi Foundation —” (November 22, 2017)
Miura Atsushi, Professor, Graduate School of Arts and Sciences, The University of Tokyo
WASHOKU, traditional dietary cultures of the Japanese
“It’s natural for food to change. Food is not something we can keep in old ways. It must and will keep changing. But I think...” (January 30, 2014)
KUMAKURA Isao, President of the Shizuoka University of Art
Nobuhiro Kiyotaki, Professor of Economics, Princeton University Key points Should corporate bankruptcies increase, credit crunch may follow Postponing retirement is more effective than high inflation for fiscal consolidation Promoting open economy is important for growth after the containment of COVID-19 Following COVID-19 pandemic and government restrictions on social and economic activities, the global economy plunged into the deepest recession of the postwar era and the lives of people have been affected profoundly. This article discusses the impact of the COVID-19 pandemic, policy responses and the future direction from a macro-economic perspective. The COVID-19 pandemic makes it difficult to engage in activities that involve social contact and possibility of infection. Consumption, especially services consumption in restaurants, leisure and hospitality, has decreased significantly. Let us look at consumption and employment in the United States by referring to data collected by Professor Raj Chetty of ... [Read more]
