Japan - Making the Most of Current Tailwinds

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[Date] Friday, September 22, 2017, 14:00-16:00 [Doors open at 13:30]
[Venue] FUKUTAKE Learning Theater Map
[Co-organized by] Policy Alternatives Research Institute, the University of Tokyo (PARI)
the IMF Regional Office for Asia and the Pacific (OAP)
[Language] English / Japanese simultaneous interpretation
[Additional Information] The registration will be closed when it reaches the capacity.

Japan’s economy has been enjoying broader, above-potential growth for more than one year, thanks to a pickup in trade and temporary fiscal support. However, wage growth is weak despite acute labor shortage, and inflation is stubbornly low notwithstanding aggressive monetary easing. Longer-term challenges in the form of high public debt and demographic headwinds remain. In the annual “Article IV” staff report, IMF staff emphasize that a comprehensive policy package, prioritizing demand support policies and labor market reforms, will be needed to achieve the ambitious targets set under Abenomics. In addition, enhanced financial sector policies should contain risks from the prolonged low interest environment and demographic headwinds.

Program

Program PDF

14:00-16:00 Japan - Making the Most of Current Tailwinds
Speaker Odd Per Brekk, Deputy Director, Asia and Pacific Department, Mission Chief for Japan AIV, IMF
Panelists Hiroshi Ugai, Chief Economist, JPMorgan Securities
Ryutaro Kono, Chief Economist, BNP Paribas
Takao Komine, Professor, Department of Regional Development, Taisho University
Mamoru Nagano, Professor, Faculty of Economics, Seikei University
Moderator Naoyuki Shinohara, Professor, Policy Alternatives Research Institute (PARI), the University of Tokyo