Economeister

John C. Lechleiter: Seize the moment, advance the TPP

The U.S.-Japan Business Council has several major priorities on its agenda this year -- developing a Strategic Energy Dialogue, expanding travel and tourism between our countries, and helping make real Prime Minister Shinzo Abe's so-called "third arr...

  • Frederic Neumann: Don't let TPP stumble over beef

    U.S. President Barack Obama heads for Tokyo this week. He will also travel to Malaysia, the Philippines and Korea. There are plenty of things to talk about in all these countries. But one item stands out, the centerpiece of America's supposed foreign...

  • Kahlil Rowter: The economic imperative of the next Indonesian president

    It was already clear from the preliminary count that the results of Indonesia's April 9 parliamentary election held crucial implications for the country's future. First, no single party could gain sufficient votes to name its own candidate for th...

  • Adam Posen: This is Japan's chance to lead TPP talks

    It is time at last for Japan to play its agricultural card. Right now, we are coming to a critical juncture in the pre-TPP bilateral negotiations between Japan and the U.S. Without substantial movement on agricultural protection by Japan, the U.S. wi...

  • Frederic Neumann: The big worry for Asia

    It's been quite a ride for Asia over the past year. A nice rally in the first few months of 2013, then a relentless sell-off as investors threw their "taper tantrum," and subsequently another solid market recovery. The question remains, however: ...

  • Stephen Grenville: IMF ignores its own data on emerging economies

    Christine Lagarde, managing director of the International Monetary Fund, told the Group of 20 summit in St. Petersburg last September: "Just as some advanced economies have begun to gather momentum, many emerging markets are slowing." With this warni...

  • Frederic Neumann: Still a long road ahead for India

    Think back only a few short months. At the time, India was pummeled by financial markets, its currency was sliding relentlessly, and officials were rolling out emergency measures to steady the ship. How different things now look. The current-acco...

  • Consumption tax rate hike: What will it bring to the Japanese economy?

    As of April 1, the consumption tax rate has been raised from 5 to 8 percent. While there was a spending spree in anticipation of the tax rate hike in late March, the hike itself came into force without much confusion. At this conjuncture, this month'...

  • Frederic Neumann: Global inflation too low for comfort

    Six years after the global financial crisis hit growth across much of the developed world, you might think we have finally embarked on a path of steady healing. Unemployment rates are falling, growth is positive, albeit a little disappointing, and fi...

  • Motoshige Itoh: Let foreign domestic workers ease strains for Japanese families

    Stories of working women having to quit their jobs for family reasons -- to care for their aging parents, to focus on their children -- and of women who give up on having kids altogether to keep their careers on track are commonplace in Japan. Reader...

  • John H. Makin: America's interests lie with Abe's new Japan

    The economic and geopolitical interests of the U.S. are far better aligned with Japan's goals than with China's. Now Japan is at an important turning point, and Washington needs to take notice. World War II has been over for nearly 70 years, at l...

  • The importance of 'base-ups' for Abenomics

    As the new fiscal year approaches, whether "base-ups" are going to take place or not is attracting great attention in the policy arena. "Base-up", in this context, mean the upward slide of wage scales that firms apply to their employees. It is said t...

  • George Magnus: Behind the mystery of the falling yuan

    In the last several days, while the world’s attention was focused on headlines coming out of the Ukraine, financial markets were taken aback by the abrupt weakening of the Chinese yuan against the U.S. dollar. The fall was not large, but broke a ...

  • Frederic Neumann: Choppy waters for Asia's economies, but clearer sailing ahead

    Data is everywhere. Faster credit growth in China, slowing gross domestic product in Japan, resilience in Indonesia, a dip in Taiwanese export orders. Rather noisy. The Lunar New Year has something to do with this, throwing economic data releases...

  • Market wants more investment for growth

    TOKYO -- Japanese companies are putting more money into the hands of their shareholders as searing memories of the cash crunch during the financial crisis begin to fade. But investors want business chiefs to go further -- not to help line their pocke...

  • Frederic Neumann: Here's to a resilient India

    Last summer, with the whiff of tapering in the air, investors worldwide became a little nervous. After years of stellar performance, emerging economies suddenly looked less enticing. Some markets were sold more heavily than others, but few escaped th...

  • Fading Japan

    TOKYO -- Time was when Japan was so much more economically powerful than any other Asian nation that many reports on the region's economy excluded the Land of the Rising Sun. This was the only way to ensure accurate analyses. But the term "Asia excep...

  • Worsening current account balance boosts Japan’s need for foreign investment

    TOKYO -- Foreign investors are becoming increasingly important for Japan, as the once mighty export powerhouse faces a shrinking current account surplus. As the shockwave from the U.S. Federal Reserve’s tapering moves rocked global financial mark...

  • Frederic Neumann: Emerging markets need to mind defenses

    Emerging markets have had a rough couple of weeks. Few were spared the recent turmoil in currency markets, with equities and bonds sold off in equal measure. Periodic bouts of volatility in emerging economies are to be expected, with their shallo...

  • Can we do without a macro-prudential policy framework?

    Central banks today are engaged in unconventional monetary policies in pursuit of unprecedented monetary easing. Their impact can be witnessed in the extraordinary expansion of the balance sheets of the central banks. The policies have been invaluabl...