Japan Institute for National Fundamentals

2023.02.16 (Thu)

【#1013】Success of Ueda’s BOJ to Depend on Fiscal Policy

February 13, 2023 　 Prime Minister Fumio Kishida has proposed to the National Diet the appointment of economist Kazuo Ueda as new Bank of Japan governor to succeed Haruhiko Kuroda. The government an...

2022.12.27 (Tue)

【#997】Do Not Dampen Wage Hike Momentum

December 26, 2022 　 The Bank of Japan on December 20 decided to expand the allowable fluctuation range from 25 basis points to 50 basis points for the benchmark 10-year government bond yield. The de...

2022.11.29 (Tue)

【#988】Defense Bonds are Stable Resources for Defense Buildup

November 28, 2022 　 The biggest focus of attention regarding the government’s formulation of a fiscal 2023 budget late this year is how to secure financial resources for Japan’s defense buildup. Pri...

2022.09.15 (Thu)

【#962】Kishida Should Exploit Weak Yen for Revitalizing Japan

September 12, 2022 　 Every time when the Japanese yen depreciates, arguments grow that weakening yen is a bad thing. What Finance Minister Shunichi Suzuki could do at best, in the face of growing pr...

2022.07.06 (Wed)

【#937】G7 Summit Left Xi to Support Russia

July 4, 2022 　 Japanese Prime Minister Fumio Kishida attended an annual summit of the Group of Seven industrial democracies in Germany and a subsequent expanded summit of the North Atlantic Treaty O...

2022.06.09 (Thu)

【#926】Kishida Should Completely Break MOF’s Spell

June 6, 2022 　 Japanese government under Prime Minister Fumio Kishida has removed a goal of achieving a primary balance surplus in fiscal 2025 from the “Basic Policies for Economic and Fiscal Manage...

2022.03.24 (Thu)

【#901】Does Kishida Intend to Sink Japan into Deflationary Quagmire?

March 22, 2022 　 Energy prices have been spiking with an economic recovery from the novel coronavirus recession and economic sanctions on oil-producing Russia over its invasion of Ukraine. While the...

2022.01.26 (Wed)

【#878】Break Away from Economic and Defense Deflation

January 24, 2022 　 Japan’s deflation over the past quarter century has affected not only its gross domestic product but also defense spending. Its national power, two pillars of which are economy an...

2019.03.13 (Wed)

【#578(Special)】Fake Economic Growth Surrounded by Great Wall of Debt

March 11, 2019 　　　　　At the outset on March 5 of an annual session of the National People’s Congress, China’s dummy legislature controlled by the Communist Party, Premier Li Keqiang announced to se...

2016.06.09 (Thu)

【#380】Tax Hike Delay and Fiscal Stimulus to Revive Abenomics

June 6, 2016 　　　　　Japanese Prime Minister Shinzo Abe has postponed consumption tax hike until October 2019, while only a little more than two years are left for his Abenomics economic policy. If h...