No.63 | Discuss Japan-Japan Foreign Policy Forum

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No.63
No.63, Discussions, Society  Mar. 2, 2021

What Does “Quality” Mean for Tourism

Shimoji Yoshiro, Chairman of the Okinawa Convention & Visitors Bureau (OCVB) Interviewed by Yamada Yuichi, General Manager of the Tourism Research Department, Japan Travel Bureau Foundation on October 7, 2020 Developments in Okinawa tourism from spring to September 2020 Yamada Yuichi: Please tell us about developments in Okinawa tourism over the last few months. Shimoji Yoshiro: There was nothing we could do about the national emergency declaration in April and May, but in June and July when we’d finally started to recover, infection spread in an unexpected place, namely nightlife districts. Okinawa has been susceptible to infectious disease due to our social environment. Historically, we have many children and elderly people who often interact, and this was the case during previous epidemics of new strains of influenza or measles. It is a weakness with no solution and we have gone on with 20 or ... ... [Read more]

No.63, Economy
Feb. 19, 2021

Appropriate Use of Teleworking is the Key—The COVID-19 Crisis and Productivity

Morikawa Masayuki, President, Research Institute of Economy, Trade and Industry (RIETI)   With the steep decline of gross domestic product (GDP) under the novel coronavirus (COVID-19) crisis, how much has productivity dropped? The figure below shows month-by-month changes in the overall productivity of the Japanese economy. While production activity in May 2020 was down around 15% compared with the end of 2019, productivity declined only about 3%. Although productivity still remains below the level before the consumption tax rate hike, it recovered to almost the pre-COVID-19 level in August.     Figure. Labor Productivity Under the COVID-19 Crisis   The decline in labor productivity until now has been smaller than might have been expected because labor input, which corresponds to the denominator in the calculation, has dropped steeply in tandem with industrial activity. A breakdown shows that working time adjustments, including reduction of overtime ... ... [Read more]

No.63, Society
Feb. 4, 2021

“Strong Societies” and “Weak Societies” in the Face of Infectious Diseases: Lessons from the Second Wave—COVID-19 attacks the broken parts of society

Oshitani Hitoshi, Professor, Department of Virology, Tohoku University Graduate School of Medicine   Since June, Japan has experienced a COVID-19 “second wave” of considerable magnitude. This was expected to a certain extent, given that people’s movements have not been forcibly restricted as they were in the earlier state of emergency. However, its scale exceeded expectations. Since the peaking of the second wave in late July, the rate of decline has been slower than the first wave in April and May. Eventually, rates of new cases stopped declining and the number of cases began to rise in some prefectures, along with a gradual increase in the number of deaths. The source of the second wave is believed to have been Tokyo, the scale of the outbreak at the source so large that it left an impact across the country. The mechanism by which COVID-19 becomes ... ... [Read more]

No.63, Economy
Feb. 4, 2021

Asia’s Growth and the Rise of China

Nakao Takehiko, Former President of the Asian Development Bank and Chairman of the Institute at Mizuho Research Institute Ltd.   Nakao Takehiko, whose approximately seven-year tenure as the President of the Asian Development Bank (ADB) ended in January 2020, described his days at the bank in his recently published book, Ajia keizai wa do kawattaka (How has the Asian economy changed?). Chuokoron’s editorial department asked him about the future of the Asian economy and a rising China. The interview was held in July 2020. What will a post-COVID-19 Asia be like? — The COVID-19 pandemic continues. What impact will it have on the Asian economy? With the severity of the pandemic remaining low in Asia, people say that, from a global perspective, its economic recovery will be quick. Nakao Takehiko: I’m not a medical expert, so I do not know how the COVID-19 pandemic ... ... [Read more]