National Graduate Institute for Policy Studies (GRIPS)

Policy seminar: "Abenomics, Growth Strategy, and SME Finance in Japan", by Naoyuki Yoshino.

We are pleased to invite you to a policy seminar by one of the leading experts on Japanese monetary and fiscal policy, Professor Naoyuki Yoshino.

The details are as follows:

Theme: Abenomics, Growth Strategy, and SME Finance in Japan
Speaker: Naoyuki Yoshino, Professor of Economics, Keio University (speaker's profile)
Date: Friday, August 23, 2013
Time: 14:00 - 16:00
Venue: GRIPS Seminar Room 1 A, B
Language: English (no translation will be provided)
Registration: Please click here to register

In this seminar, Prof. Yoshino will discuss the following issues:

(1)
Abenomics tries to address Japan's economic recovery.
The first part of the seminar will explain fluctuations of Japanese Economy since 1980s until 2013. Japan had experienced period of high economic growth, asset price bubble, banking problem, zero interest rate policy etc.
Various stages of Japanese economic fluctuations and causes of those fluctuations will be explained.

(2)
The second part will touch upon the role of infrastructure investment in Japan. Japan's infrastructure investment contributed a lot for economic growth in 1960s and 1970s. However the economic efficiency of the public infrastructure investment had been diminished after 1990s. Budget deficits had been widened in Japan. Japanese government bond market and causes of the government budget deficits will be explained.

(3)
Small and medium sized firms are playing important role in Japan and Asian countries. However, small businesses are difficult to borrow money from banks compared to large companies. Start-up businesses are also difficult to raise money from banks and capital market in Japan.
CRD database for small and medium sized companies in Japan will be explained. The method of providing "home town investment funds" will be one of the ways to supply risk capital in various regions in Japan.



This seminar is part of the GRIPS Summer Program. In the Summer Program we offer a host of activities ranging from special lectures, seminars, workshops, field trips, cultural activities and a student conference. Many of these activities are open to the public and we invite you to check our Summer Program websitefor further details.


For Access & Map to the GRIPS campus:
http://www.grips.ac.jp/en/about/access/
National Graduate Institute for Policy Studies (GRIPS)
7-22-1 Roppongi, Minato-ku, Tokyo 106-8677


Karin Hillen
Secretariat, GRIPS Summer Program
summerprogram@grips.ac.jp
Tel: 03-6439-6047