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OPINION

The lasting legacy of Abenomics

Oped, Koichi Hamada, Published on 31/05/2024

» After the 1985 Plaza Accord pushed the yen's exchange rate sharply upwards, Japan's economy suffered a severe slowdown that proved mightily difficult to reverse. In fact, the only prime minister to oversee a period of consistent growth and high employment in the past three decades was Shinzo Abe, during his second term, which began in 2012.

OPINION

Why don't Japanese give to charity?

Oped, Koichi Hamada, Published on 06/04/2024

» On Jan 1, as Japan celebrated the new year, a 7.5-magnitude earthquake struck the Noto Peninsula, causing buildings to crumble, forcing mass evacuations, and leading to more than 200 deaths. But in the wake of the tragedy, something beautiful happened: an outpouring of support by philanthropic organisations and individuals, including support from beyond Japan's borders. More than 140,000 people donated US$5 million (183.7 million baht) through the Nippon Foundation alone.