How the U.S. response to coronavirus is forcing the hand of the world’s central banks
Following the U.S. Federal Reserve's COVID-19 crisis response, many central banks will be left with no choice but to pursue individual monetary expansion.
Koichi Hamada, Special Economic Adviser to Japanese Prime Minister Shinzo Abe, is Professor of Economics at Yale University and Professor Emeritus of Economics at the University of Tokyo.
Following the U.S. Federal Reserve's COVID-19 crisis response, many central banks will be left with no choice but to pursue individual monetary expansion.
Koichi Hamada, Professor Emeritus at Yale University and a special adviser to Japanese Prime Minister Shinzo Abe, takes an historical look at inflation in an effort to explain today's per...
After the 2011 East Japan Great Earthquake and tsunami, two economists proposed that the government should finance the recovery by raising taxes, rather than issuing debt.
Following a period of increased finance deficit spending, Japan's employed method of recovery, Modern Monetary Theory, is paying off with the economy steadily recovering. However, it does...
All human interaction is characterized by a mixture of competition and cooperation, and that extends to international trade and monetary policy.
After years of unprecedentedly easy monetary policy in the world's advanced economies, many are warning that the stimulus potential is depleted, particularly in Japan, with its negative s...
Japan's 2020 Olympics President Yoshiro Mori has suggested adopting Daylight Saving Time to allow athletes at the games to compete in cooler hours - but the suggestion has been met with r...
Koichi Hamada looks at Japan's economy, suggesting that new calculations could present a much improved economic situation.
Koichi Hamada explains why adverse global conditions should not lead central bankers to neglect the risks of untested policies.
Koichi Hamada, Special Economic Adviser to Japanese Prime Minister Shinzo Abe, on the impact of negative interest rates.