Showing 1 - 8 of 8
When does inflation stop?
Asia focus, Koichi Hamada, Published on 30/05/2022
» Until a few years ago, major economies were struggling to achieve even mild inflation, with policymakers in the United States, the United Kingdom and the euro zone struggling to meet their targets of 2% annual price growth.
Making Japan productive again
Asia focus, Koichi Hamada, Published on 11/04/2022
» When I was teaching at the University of Tokyo in the 1970s, my daily commute lasted three and a half hours. But, one day, it threatened to last twice as long: with labour strikes having shut down public transport, my only option was a much longer route using private trains and subways.
The power and poison of modern monetary theory
Asia focus, Koichi Hamada, Published on 24/01/2022
» When Democratic Senator Joe Manchin announced that he would not support the Build Back Better Act -- effectively dooming US President Joe Biden's signature legislative initiative -- he cited America's "staggering debt".
A more humane post-pandemic social contract
Asia focus, Koichi Hamada, Published on 20/07/2020
» Never have the complexities of the relationship between human health and economic wellbeing been more apparent than during the Covid-19 crisis. How can we enforce life-saving social-distancing rules without destroying livelihoods? Why are some groups suffering so much more than others, both clinically and economically? What are those who face lower risks willing to sacrifice for the common good?
The international economic policy game
Asia focus, Koichi Hamada in Tokyo, Published on 06/05/2019
» Until relatively recently, specialists in international relations had little interest in game theory; some were even "frightened" to hear the term, as the chair of one of my presentations put it to me several years ago.
Who benefits from Trump's trade war?
Asia focus, Koichi Hamada, Published on 14/01/2019
» In 1950, the Canadian-born Princeton University economist Jacob Viner explained a customs union produces a "trade creation" effect, as lower tariffs and non-tariff barriers spur increased flows of goods among member countries.
Pro-growth education needed for Japan
Asia focus, Koichi Hamada in Tokyo, Published on 10/09/2018
» Since Prime Minister Shinzo Abe initiated his "Abenomics" reform programme in 2012, Japan's economy has received a remarkable boost. But the job is not yet finished.
How can we retain the benefits of globalisation?
Asia focus, Koichi Hamada, Published on 16/07/2018
» In the last few years, for many people and their leaders, globalisation has become a scourge to be purged in favour of greater protectionism and unilateralism. This represents a sharp departure from the recent past, when globalisation was widely regarded as a positive force. What changed, and why?