Trump’s surprising election victory has alarmed many in the United States and other countries, but the practical tenor of his recent remarks, notes Senior Fellow Tsuneo Watanabe, should dispel fears of a major disruption in America’s global commitments.
The BOJ’s quantitative and qualitative easing policy has helped to lift the Japanese economy out of deflation, but unless wages rise further, the bank’s target of 2% inflation will remain elusive. Noting that Abenomics has made little progress on its third arrow, financial expert Takeo Hoshi calls for full-fledged efforts to advance structural reforms.
Breaking Free of Dependence on Rare Earths
China’s Resource Nationalism Spawns Alternative Technologies
The ban China effectively imposed on exports of rare earths over a diplomatic row with Japan has had the unintended consequence of prompting Japanese companies to develop alternative technologies to avert resource security risks. Research fellow Hikaru Hiranuma argues that nations should think twice before politicizing supplies of energy and other resources—a move that will only lower their value.
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