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November 09, 2017

Advance Planning for Fiscal Insolvency

With a fiscal deficit more than twice its gross domestic product and a rapidly aging society, Japan needs a Plan ...

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May 15, 2014

China’s Foreign Policy under Xi Jinping

One year after China’s 2013 power transfer, Waseda University professor Rumi Aoyama plots the trajectory of Xi Jinping’s diplomacy and ...

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October 01, 2013

The Myth of China’s Financial Time Bomb

The role of China’s “shadow banking” sector in financing extravagant local development projects has led financial pundits to warn of ...

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July 29, 2013

Xi’s Economic Agenda: The Stimulus Dilemma

Chinese Premier Li Keqiang has warned against overreliance on government stimulus measures even as the economic recovery falters. Probing beneath ...

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September 26, 2012

Emergency Planning for a Fiscal Meltdown

While experts differ sharply as to the risk of a Japanese debt crisis, the authors of this article point to ...

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August 21, 2012

Why Regulate Hedge Funds? Comments on the Brazilian Experience

In June 2007, two hedge funds linked to Bear Stearns announced losses of US$16 billion, forcing the bank to inject ...

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February 19, 2011

Enabling Global and Local Standards to Coexist

How can smaller companies and local communities survive the age of globalization so they are able to continue providing employment ...

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November 30, 2010

10. The Liquidity of Bank Money and a Return to the Keynesian Beauty Contest

Ironically, the current global economic crisis has resulted in the total disappearance of pure investment banks from the United States. ...

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February 03, 2010

Economic Policy Priorities in 2010

Exports to Western markets have significantly declined following the global economic crisis of 2008, preventing the Japanese economy from staging ...

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December 11, 2009

1. Two Views of Capitalism

The 2008 global financial crisis has been a testament to the failure of Adam Smith’s basic neoclassical principle: that making ...

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