Center on Japanese Economy and Business

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Japan Times Quoted Bank of Japan Deputy Governor Ryozo Himino from a Panel at CJEB’s Annual Tokyo Conference

Bank of Japan Deputy Governor Ryozo Himino spoke in a panel titled, “Evolving Monetary Policy in Japan and the United States,” at the annual Tokyo conference held by the Center on Japanese Economy and Business on June 4, 2024. Japan Times included a quote from the panel session in the article, “BOJ weighs reducing bond buys as early as June meeting,” 

The title of this year’s conference was “Navigating Global Challenges: AI, Innovation, Monetary Policy, and Trade.” More information can be found here.

BOJ weighs reducing bond buys as early as June meeting (Japan Times, 6/5/2024)

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Reuters Quoted Bank of Japan Deputy Governor Ryozo Himino from a Panel at CJEB’s Annual Tokyo Conference

Bank of Japan Deputy Governor Ryozo Himino spoke in a panel titled, “Evolving Monetary Policy in Japan and the United States,” at the annual Tokyo conference held by the Center on Japanese Economy and Business on June 4, 2024. Reuters included a quote from the panel session in the article, “BOJ must be vigilant to yen's impact on economy, says deputy governor Himino,”

The title of this year’s conference was “Navigating Global Challenges: AI, Innovation, Monetary Policy, and Trade.” More information can be found here.

BOJ must be vigilant to yen's impact on economy, says deputy governor Himino (Reuters, 6/4/2024)

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Professor Takatoshi Ito, Director of CJEB’s Program on Public Pension and Sovereign Funds, Was Quoted in the Bloomberg Article “BOJ May Raise Rates Two More Times in 2024, Columbia’s Ito Says”

Professor Takatoshi Ito, Director of CJEB’s Program on Public Pension and Sovereign Funds, was quoted in the Bloomberg article “BOJ May Raise Rates Two More Times in 2024, Columbia’s Ito Says.” He discusses how, “the Bank of Japan may raise interest rates two more times this year, but it should refrain from responding directly to the weak yen.” 

BOJ May Raise Rates Two More Times in 2024, Columbia’s Ito Says (Bloomberg, 5/30/2024)

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Professor Takatoshi Ito, Director of CJEB’s Program on Public Pension and Sovereign Funds, Was Interviewed on Reuters about Japanese Authorities' Speculated Intervention in the Currency Market

Professor Takatoshi Ito, Director of CJEB’s Program on Public Pension and Sovereign Funds, appeared on Reuters and discussed the potential reasoning behind Japanese authorities' intervention in the foreign exchange market. 

Columbia University's Ito on Japan's FX Intervention (Reuters, 5/2/2024)

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Professor David Weinstein, Director of CJEB, Wrote the Article “Path to Japan’s Economic Revival: Productivity Stagnation, Escape Still Far Away” for Nikkei 

Professor David Weinstein, Director of CJEB, the Carl S. Shoup Professor of the Japanese Economy at Columbia University, wrote the article “Path to Japan’s Economic Revival: Productivity Stagnation, Escape Still Far Away” for Nikkei. The article was published in Japanese and discusses the impact of Japan’s declining birth rate on the slowing growth rate, the productivity gap with the U.S. widening, and the delays in utilizing women in the workforce.

Path to Japan’s Economic Revival: Productivity Stagnation, Escape Still Far Away (Nikkei, 4/19/2024)
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Conferment of the Order of the Rising Sun, Gold Rays with Neck Ribbon on Professor David E. Weinstein (2/20/24)  

We are proud to share that on February 15, 2024, the Order of the Rising Sun, Gold Rays with Neck Ribbon was conferred on Professor David E. Weinstein, the Carl S. Shoup Professor of the Japanese Economy at Columbia University and Director of the Center on Japanese Economy and Business at Columbia Business School.

The ceremony was led by H.E. Ambassador Mikio Mori, the Consul General of Japan in New York, and the conferment ceremony was held at the Ambassador’s Residence in New York.

The Order of the Rising Sun, established in 1875 by Emperor Meiji, was Japan’s first award. It is conferred on behalf of the Emperor of Japan as one of the highest honors bestowed by the Japanese government on people who have rendered distinguished service to Japan.   

The conferral recognizes Professor Weinstein’s significant contributions to promoting academic exchange and mutual understanding between Japan and the United States. Professor Weinstein’s long-standing commitment to studying and understanding the Japanese economy and his dedication to research and cross-cultural exchange embody the spirit of this prestigious award. 

“I am profoundly honored to receive the medal tonight from Ambassador Mori in the presence of my family, colleagues, and friends. It is a deeply moving recognition of my research and efforts to expand the world’s understanding of Japan’s economy and business system,” Professor Weinstein said upon receiving the medal.  

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On registering for courses at Columbia University taught by the Former Governor of the Bank of Japan, Haruhiko Kuroda (12/19/23)

We are pleased to share information about two incredible courses that will be taught by the Former Governor of the Bank of Japan, Haruhiko Kuroda, at Columbia University. Please see the course descriptions for instructions to register for the courses.

1. The Future of Monetary Policy: Lessons from the New Millennium (INAFU6852_001)

2. Innovations in the International Monetary System: Lessons from the Past (INAFU6854_001)

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Professor Masazumi Wakatabe, CJEB 2023 Visiting Scholar, Wrote the Article "Lessons for China from Japan’s lost decade" for Financial Times

Professor Masazumi Wakatabe, CJEB 2023 visiting scholar, former deputy governor of the Bank of Japan, and professor of economics at Waseda University, wrote the Financial Times article "Lessons for China from Japan’s lost decade" Professor Wakatabe states in the article, “China’s recent economic slowdown has elicited comparison with Japan in the 1990s and its subsequent long stagnation with deflation. But are there real parallels to be drawn between the two countries?”

Lessons for China from Japan’s lost decade (Financial Times, 10/6/23)