Commentary Topics

Feb 23, 2013

Abenomics cure for Japan must be wiser and braver

by Clive Crook

Japan’s new prime minister, Shinzo Abe, is proposing a bold departure for his country’s economy. He’s mostly right. Japan continues to underperform, and bad macroeconomic policy has been the main reason. Abenomics isn’t riskless or easy, however. The government will have to be wise ...

Feb 18, 2013

Third branch of Abenomics

Fiscal and monetary policies will do little to stimulate economic growth in Japan. So, it is time for a strategy to encourage private-sector investments.

Feb 14, 2013

Kuroda returns home when others want to flee

by William Pesek

My favorite Haruhiko Kuroda moment was on a Tokyo-bound flight on March 13, 2011, two days after a gigantic earthquake struck northeast Japan. I was in the Philippines when the quake precipitated a nuclear crisis. On the first available flight back, the president of ...