Japan Institute for National Fundamentals
Speaking Out
Nov 29, 2023
【#1095】Sound Public Finances Do Not Mean Balanced Budget
Etsuro Honda Article 4 (1) of Japan’s Public Finance Act, the basic law on national finances, provides for the balanced budget principle that denies dependence on government bonds, while exceptionally allowing the issuance of government bonds for such purposes as public works within an amount of money approved by the .... <Read more>
Speaking Out
Nov 22, 2023
【#1094】Poor U.S. Government Reality Exposed through IPEF Talks
Masahiko Hosokawa The U.S.-led Indo-Pacific Economic Framework (IPEF) ministerial and leaders’ meetings took place last week, producing agreement on “decarbonization” and “clean economy” out of the four IPEF pillars, while shelving a deal on “trade.” Last May, the IPEF members agreed on the other pillar, the “enhancement of supply .... <Read more>

Speaking outArchives

【#1093】Don’t Be Fooled by U.S.-China Superficial Fence-Mending
Yasushi Tomiyama Amid the worst U.S.-China relations since their normalization in 1979, U.S. President Joe Biden and Chinese President Xi Jinping at their meeting in a San Francisco suburb on November 15 agreed to resume high-level military-to-military talks to avoid accidental clashes, easing bilateral tensions for the immediate future.

【#1092】Japan Needs Countermeasures to Resolve Outstanding Issues with China
Takashi Arimoto At their first meeting in a year, the top Japanese and Chinese leaders, though reaffirming the comprehensive promotion of a “mutually beneficial relationship based on common strategic interests,” failed to resolve key outstanding issues such as China’s detention of Japanese nationals, Chinese buoys in Japan’s