Etsuro Honda's Archives
【#1177】Objecting to Koizumi’s Labor Market Reform Initiative
September 9, 2024 Former Environment Minister Shinjiro Koizumi, who is considered one of the front-runners in the ruling Liberal Democratic Party’s presidential election, expressed his determinati...
【#1176】Economic Policy Debate in LDP Presidential Election Campaigns
September 2, 2024 As the schedule for the ruling Liberal Democratic Party’s presidential election has been fixed, an outline of major candidates’ policies has loomed. This essay focuses on and com...
【#1154】Economic Growth Should Be Top Priority in Fiscal Management
June 17, 2024 On June 11, the government released a draft Basic Policy on Economic and Fiscal Management and Reform for 2024 that sets the direction of future economic and fiscal policies. The dra...
May 27, 2024 After 31 Japanese National Diet members attended the inauguration ceremony of Taiwan’s new President Lai Chingte, Chinese Ambassador to Japan Wu Jianghao in a roundtable discussion at...
【#1131】BOJ Should Maintain Strong Commitment to Monetary Easing
March 25, 2024 The Bank of Japan at its monetary policy meeting on March 19 decided to raise the uncollateralized overnight call rate (an interest rate on overnight interbank loans), which serves ...
【#1116】Too Early to End Monetary Easing in Japan
February 5, 2024 The Bank of Japan has persistently continued with monetary easing in order to completely overcome deflation that has been stagnating Japan’s economy for a long time. Under its mon...
【#1109】Was Japan’s Economy Overtaken by Germany?
January 22, 2024 In 2023, it became certain that Japan’s nominal GDP (gross domestic product) on a dollar basis was overtaken by Germany, dropping Japan to the fourth largest economy in the world....
【#1095】Sound Public Finances Do Not Mean Balanced Budget
November 27, 2023 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 exce...
October 30, 2023 A draft of new economic measures that the Japanese government will compile soon includes “strengthening supply capacity” and “returning surplus to the people” as its pillars. The ...
【#1062】BOJ Decision to Make Monetary Policy Flexible Was Too Early
August 7, 2023 At its Monetary Policy Meeting on July 27-28, the Bank of Japan (BOJ) decided to immediately make flexible its yield curve control (YCC) as a means of large-scale monetary easing, w...