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November 19, 2014

[SSJ: 8762] :【Notice】 Invitation to 102nd GRIPS Forum on 1st December

From: GRIPS Forum
Date: 2014/11/19

Dear SSJ-Friends,


We are pleased to invite you to the next GRIPS Forum at the National Graduate Institute for Policy Studies on December 1.

*Please register at Registration Form by November 28
(Fri)17:00.
https://gremind.grips.ac.jp/form/0002/the-102nd-grips-f
orum-on-1st-december/

*If you can’t open the registration form, please send an email to gripsforum@grips.ac.jp with your name, affiliation, job title, phone number or email address without changing the title.

*If you are arriving by a private car, please let us know the car information (type, color, and number) in advance so that we can register it for campus entry permission.

Date: Monday, 1 December, 2014
Time: 16:40-18:10
Venue: GRIPS Sokairo Hall, 1st Floor
Speaker: Dr. Takatoshi Ito, Professor of GRIPS; Project Professor at University of Tokyo
Theme: “Fiscal Problem in Japan: Social Security and Consumption Tax”
Language: Japanese (English simultaneous interpretation
provided)
Fee: Free

Abstract:
The Japanese fiscal situation is the worst among the advanced countries with the debt to GDP ratio exceeding 240%. However, there is no sign of fiscal crisis as shown by the super low bond rate. On the expenditure side, it is very difficult to stop an increase in social security expenditures-pension, medical, and long term care-due to aging of the population. On the revenue side, it is difficult to conceive a sharp increase in income tax and corporate tax. Consumption tax is the only hope. It is highly likely that a fiscal crisis will happen in the first half of the 2020s, if the government fails to introduce a series of the consumption tax rate hikes.


Speakers’ Profile:
Takatoshi Ito, Professor, National Graduate Institute for Policy Studies, and Project Professor at University of Tokyo, has taught both in the United States and Japan since his finishing Ph.D. in economics at Harvard University in 1979. Before assuming the current position, Ito taught at University of Minnesota, Hitotsubashi University, Harvard University, Stanford University, Columbia Business School, and Tun Ismail Ali Chair Professor at University of Malaya. He was also appointed in the official sectors, as Senior Advisor in the Research Department, IMF, as Deputy Vice Minister for International Affairs at Ministry of Finance Japan, as a member of the Prime Minister’s Council on Economic and Fiscal Policy, and as the chairman of “Panel for Sophisticating the Management of Public/Quasi-public Funds.”


*** GRIPS Forum ***
Since its establishment in 1997, the National Graduate Institute for Policy Studies (GRIPS), as the only graduate school in Japan specializing in policy research, has promoted education and research on a wide range of policy issues.
Utilizing our vast policy network, this Forum invites leaders from various fields including government, academia and business, as well as staff from our own faculty, to deliver lectures on current policy concerns.
The Forum welcomes attendance of GRIPS faculty and students as well as participants from outside the university. Simultaneous interpretation will be available (Japanese/English).

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For registration and inquiries, please contact: Ms. Iso

gripsforum@grips.ac.jp
http://www.grips.ac.jp/
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Approved by ssjmod at 11:38 AM