Wed, Feb 22, 9:00-10:00 am JST (Tue, Feb 21, 4:00-5:00 pm Pacific)

A new Governor of The Bank of Japan has been announced with Professor UEDA Kazuo. This will be a tough job. After more than 20 years of near-zero interest rates and 10 years of extraordinary quantitative easing - all seemingly to little effect - a new path has to be forged amidst competing vested interests. Join Professor Takeo Hoshi of The University of Tokyo for a discussion of what lies ahead for Japan's macroeconomic policy and economic growth.

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Takeo Hoshi is Professor at the University of Tokyo. His research area includes corporate finance, banking, monetary policy and the Japanese economy. Hoshi is also Co-Chairman of the Academic Board of the Center for Industrial Development and Environmental Governance (Tsinghua University). His past affiliations include Stanford University and University of California, San Diego. His books include The Japanese Economy, 2nd Edition (co-authored with Takatoshi Ito), and The Political Economy of the Abe Administration and Abenomics Reforms (co-edited with Phillip Lipscy). Hoshi received his B.A. from the University of Tokyo and a Ph.D. in Economics from the Massachusetts Institute of Technology.

Ulrike Schaede is Professor of Japanese Business at the UC San Diego School of Global Policy and Strategy and the director of JFIT. Her research focuses on Japan's changing corporate strategies, including business culture, change management, and business organization. Her 2020 book "The Business Reinvention of Japan" analyzes how Japanese companies are responding to the rise of China and the changing global competition.
 
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