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.
Fifteen years after the attacks of 9/11 precipitated the war on terrorism, security expert Noboru Yamaguchi discusses the challenge of responding to terror’s ever-mutating threat to security around the globe.
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The Tokyo Foundation is an independent, not-for-profit think tank that presents concrete policy proposals based on a lucid analysis of the issues combined with a solid grasp of everyday life and the reality on the ground. We also cultivate socially engaged future leaders with a broad perspective and deep insight, both in Japan and overseas. We fervently hope that our unique combination of policy research and human resource development will change society for the better.