Articles
-query word : Fiscal Policy
November 15, 2018
The Tenuous Myth of Japan’s Fiscal Infallibility
As Japan’s debt-to-GDP ratio approaches 250%, policymakers must carefully examine the potential fallout of fiscal insolvency and prepare a contingency ...
September 18, 2018
The Bane of a “Bubble Era” Tax Windfall
Why Higher Tax Revenue Is No Cause for Celebration
Newspaper headlines talked of a “26-year high” in tax income, reaching levels not seen since the bubble years. The claim ...
August 15, 2018
How to Solve Intergenerational Problems
The Increasing Importance of Policies That Nurture Altruism
Prior to the Industrial Revolution, the level of intergenerational altruism was low, but with economic growth and the accumulation of ...
April 18, 2018
How to Represent the Interests of Future Generations Now
What does it take to make people more altruistic toward future generations? ...
January 22, 2018
Japan’s Economic Outlook in 2018 and Beyond
An Interview with Takeo Hoshi
Economist Takeo Hoshi, chair of the board of the Tokyo Foundation, talks about the successes of Abenomics, prospects for economic ...
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 ...
July 31, 2017
Writing Fiscal Responsibility into the Social Contract
As the Abe cabinet eyes corporate-level reforms to spur growth, economist Keiichiro Kobayashi suggests that the real source of Japan’s ...
May 01, 2017
Tapping into Senior Power
A More Balanced Approach to Fiscal Sustainability
An economist and social security expert questions the economic orthodoxy of boosting taxes and cutting benefits as the key to ...
February 20, 2017
The Japanese Economy in 2017 (1)
Is Abenomics Working?
The government of Prime Minister Shinzo Abe is facing daunting challenges in 2017 as it continues its struggle to revitalize ...
August 25, 2016
To Revive the Economy, Empower the Middle Class
Redistribution as the Key to Revitalization
In a recent piece in the Nihon Keizai Shimbun, Shigeki Morinobu calls for a working tax credit and other measures ...
