Mar 28, 2012

Rein in investment advising firms

The Securities and Exchange Surveillance Commission on March 23 raided the head office of AIJ Investment Advisors Co. over the loss of nearly all the ¥145.8 billion entrusted to it by corporate pension funds. The SESC must do its best to uncover in detail ...

Mar 3, 2012

How to push reform forward

by Shinji Fukukawa

Prime Minister Yoshihiko Noda has stated he would stake his political life on realizing integrated reform of the tax and social security systems. Japan’s financial structure is worse than those of other advanced countries and even that of Greece, which was responsible for the ...

Jan 11, 2012

Residents' say over tax rates

In a report to Prime Minister Yoshihiko Noda in mid-December, an advisory panel on local autonomy recommended that local governments be allowed to hold assembly sessions throughout the year so that a wide range of local residents can serve as local assembly members. But ...

Jan 5, 2012

Scrutinizing weapons exports

The Noda administration on Dec. 27 drastically relaxed Japan’s long-standing weapons-export ban. For the second time, the Democratic Party of Japan government greatly changed Japan’s defense policy without sufficient public discussions. In December 2010, it introduced the new concept of “dynamic defense capabilities,” which ...

Nov 27, 2010

Dangerous myth of the hero entrepreneur

by Esther Dyson

NEW YORK — Earlier this month, I sat on a panel in Monte Carlo, a hot spot of the establishment, discussing the question, “Why can’t Europe be more like the U.S.?” The formal name of the panel was “Silicon Envy: Will Europe ever build ...