Koichi Hamada

For Koichi Hamada's latest contributions to The Japan Times, see below:

The fraught politics of the TPP

Nov 3, 2015

The fraught politics of the TPP

Failure to ratify the Trans-Pacific Partnership in all 12 countries would be a major disappointment because it would bring vast economic benefits to all countries involved

Monetary policy is underrated

Feb 25, 2015

Monetary policy is underrated

The belief that monetary policy does not matter is exceedingly hazardous to any economy. Europe faces enough serious risks already; it should not needlessly add to them.

Jan 13, 2015

Delivering on the promise of 'Abenomics'

If politicians themselves participate in the taxpayer identification system, bureaucrats forgo some of the power that excessive regulation affords them and businesses give up some of their special tax benefits, the Abe government may yet fulfill its promise and build a thriving economy.

Optimize the troubled eurozone

Nov 4, 2014

Optimize the troubled eurozone

Europe's leaders must recognize that the eurozone, as currently constituted, is larger than Europe's optimal currency area. Some member countries — certainly Greece, and probably Italy and Spain — need an independent monetary policy.

Sep 7, 2014

Last round for Abenomics

It is time for Japan's leaders to shift from the demand-focused first and second arrows of "Abenomics" to the supply-oriented third arrow: a new growth strategy.

Jul 1, 2014

Abe's economic bull's-eye

Prime Minister Shinzo Abe has unveiled the so-called third arrow of what has come to be known as Abenomics. It involves the removal of obstacles to growth for business, particularly the easing of regulatory barriers. Expect some officials to resist this initiative.

May 2, 2014

Ending Asia's zero-sum games

Perhaps if Asia's leaders viewed East Asia's rapid economic transformation, geopolitical dynamics and historical animosities like a recenlty arrived space alien, they would see what they need to do to halt the dangerous trends.