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The Tokyo Foundation eNewsletter 69 (Dec 22, 2016)

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The Tokyo Foundation eNewsletter 69 (Dec 22, 2016)

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Season's Greetings from the Tokyo Foundation

All of us at the Tokyo Foundation extend our very best wishes to you during the yearend and New Year season. And we look forward to working closely with you in 2017, when the Foundation will be marking its twentieth anniversary.

We had a full year in 2016, reaching out to our international dialogue partners at such forums as the symposiums on the "Shared Values and Democracy in Asia" <http://s.tkfd.or.jp/2hPnZmk> co-organized with the Vivekananda International Foundation of India; "The Regional Role of the Japan-US Alliance" held in partnership with the Pacific Forum of the Center for Strategic and International Studies; and the "US Economic and Foreign Policy under the New Administration" <http://s.tkfd.or.jp/2i4aGPs> co-hosted with Shorenstein APARC of Stanford University.

In the coming year, we will continue conducting policy research into areas with crucial impact on our lives, including tax and social security policy; fiscal consolidation; energy policy; Japan's relations with major powers like the United States, China, Russia, and India; healthcare reform; and land resources. Series of articles focusing on specific issues examined from cross-cutting angles include CSR in Japan <http://s.tkfd.or.jp/2hyePbi>, Views on China <http://s.tkfd.or.jp/2hPFgsi>, and Politics in Perspective <http://s.tkfd.or.jp/2hnnpvG>.

Our Sylff leadership development program <http://s.tkfd.or.jp/2h2stTn> will be marking its thirtieth anniversary in 2017, when we will launch a number of new Sylff support programs to better meet fellows' expectations and launch a Sylff Association to make sure we all stay connected. In 2016 we had an opportunity to visit 18 Sylff institutions and meet many SSC members and fellows. Please read Sylff News 2016 for details <http://s.tkfd.or.jp/2ihNfye>. We were also pleased to visit 4 NF-JLEP universities promoting Japanese-language education <http://s.tkfd.or.jp/2hcoVjL> as well as Portland State University under the "Weekend School" for Municipal Officers program <http://s.tkfd.or.jp/1OHYR6z>.

We hope to further develop our partnerships in 2017 with those sharing our vision around the world to address global challenges by "Developing Policy" and "Investing in People," thereby "Transforming Society."

Wishing you peace, health, and best wishes for the New Year.

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RECENT ARTICLES ON JAPANESE POLITICS AND ECONOMY

"What Abenomics Is Missing: Structural Reforms Needed for Economic Revival"

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.

http://s.tkfd.or.jp/2hakhQm

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"What Trump's Victory Means for Japan"

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.

http://s.tkfd.or.jp/2gXOmDp

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"Celebrity Politicians in an Exclusionary Democracy"

Despite a lowering of the voting age, Japanese democracy is not very inclusive, charges Katsuyuki Yakushiji, citing the daunting obstacles facing any first-time candidate lacking either a political pedigree or celebrity status. He calls for European-style reforms to broaden the pool of political talent.

http://s.tkfd.or.jp/2hcHvtg

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"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 to reduce economic inequality and empower the middle class, arguing that the trickle-down approach of Abenomics has been tried and found wanting.

http://s.tkfd.or.jp/2h0GWzK

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"The War on Terror Then and Now: Battling a Mutating Monster"

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.

http://s.tkfd.or.jp/2hcKLVs

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ENERGY

"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.

http://s.tkfd.or.jp/2g4Ql7q

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VIEWS ON CHINA

"Economic Drivers of Social Instability in China"

The easing of growth in China threatens to exacerbate social tensions arising from disparities in income, wealth, and opportunity. Takashi Sekiyama attempts to identify possible economic triggers for social unrest and assess the potential for conflict in the years ahead.

http://s.tkfd.or.jp/2gXFj5x

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"China's Senkaku Incursion in Perspective: Byproducts of a Dysfunctional System"

The unprecedented entry of a Chinese naval vessel into the seas around the Senkaku Islands last June elicited a raft of conflicting analyses, some of them highly alarming. International relations expert Ichiro Inoue reexamines the incident and its implications in the context of China's foreign-policy decision-making process.

http://s.tkfd.or.jp/2h1FuQb

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"Is China on the Cusp of a Middle-Class Revolt?"

While Chinese leaders point to the Brexit vote and the rise of Trumpism as evidence of democracy's shortcomings, Tomoko Ako argues that China is just as vulnerable as the West to the economic forces that are fueling political upheaval by threatening the welfare of the middle class.

http://s.tkfd.or.jp/2hawxjT

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CSR IN JAPAN

--"How Japanese Businesses Practice Social Sustainability: A Profile," Zentaro Kamei

http://s.tkfd.or.jp/2g42RZS

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-- "Japan's Role in Sustainable Development," Jeffrey D. Sachs

http://s.tkfd.or.jp/2gXMYRm

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-- "Japan's Civil-Society Revolution: Nonprofit Activity and Social Enterprise since the Kobe Earthquake," Masataka Fukao

http://s.tkfd.or.jp/2g40GFq

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WASHINGTON UPDATE

-- "What Donald Trump Could Mean for the Republican Party's Future," Paul J. Saunders

http://s.tkfd.or.jp/2h1CBin

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VOICES FROM THE SYLFF COMMUNITY

-- "Verbs and the History of Bantu Languages Near the Serengeti," Timothy Roth

http://s.tkfd.or.jp/2g4KBuh

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-- "Mr. Sasakawa Conferred Highest Honor by Most Prestigious Institution in Bulgaria," Evgeny Kandilarov

http://s.tkfd.or.jp/2h1EgV0

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-- "The Portrait Image of Emperor Akbar in the Akbarnama and Beyond," Dipanwita Donde

http://s.tkfd.or.jp/2g4chnU

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TOKYO FOUNDATION IN THE NEWS

"Meeting of the Valdai International Discussion Club," October 27, 2016

President Putin's response to a question by Research Fellow Taisuke Abiru at the Valdai International Discussion Club in Sochi: "In my opinion, it is impossible, wrong and even detrimental to set any timeframe (for the signing of a Japan-Russia peace treaty) . . . Our relations with Japan have yet to achieve a very high level of trust."

http://s.tkfd.or.jp/2hvt6Z2

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"Russia, China, and Japan Fill the Trump Trade Gap," Bloomberg News (December 2, 2016)

http://s.tkfd.or.jp/2gN5tKl

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"Japan Defense, Diplomatic Officials Anxious over Impact of Trump Presidency," The Mainichi (November 10, 2016)

http://s.tkfd.or.jp/2gXHHJl

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"China's New J-20 Stealth Fighter Stirs Up Questions," Nikkei Asian Review (November 10, 2016)

http://s.tkfd.or.jp/2gL3ho4

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"Island Standoff Again Clouds China-Japan Ties in Run-Up to G-20," Bloomberg News (August 30, 2016)

http://s.tkfd.or.jp/2h1IOuw

LIKE THE TOKYO FOUNDATION ON FACEBOOK!

http://s.tkfd.or.jp/1IHQSsx

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