Teruhiko Mano - The Japan Times

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Teruhiko Mano

For Teruhiko Mano's latest contributions to The Japan Times, see below:

BUSINESS

Mar 19, 2001

Technological advances pose challenge for 21st century

Progress and technological innovation bring economic prosperity, as everyone knows. The advent of the steam engine brought about the Industrial Revolution, and the information technology revolution has reinvigorated the U.S. economy today. It is only natural for us to expect technology to continue contributing to global productivity in the 21st century.

BUSINESS

Jan 15, 2001

Next U.S. president should use surplus to pace savings rate

Amid growing signs of a slowdown in the U.S. economy, the whole world is closely awaiting the new policies of President-elect George W. Bush, who prevailed in one of the closest presidential races in U.S. history after more than a month of unprecedented legal wrangling.

BUSINESS

Dec 25, 2000

Demise of IT bubble compares with '80s Japan

Signs of a slowdown in the U.S. economy are growing, and the most symbolic of them is the decline of the technology-laden Nasdaq index. The Nasdaq composite index, which stood at 3,700 points at the end of last year, shot up into the 5,000 range in May. But its plunge has also been quick, and it recently fell at one point to as low as 2,332, half its peak and about the same level at which it began 1998.

COMMENTARY / World

Aug 21, 2000

Welcome end to the zero-rate policy

The Bank of Japan lifted its zero-interest-rate policy Aug. 11, despite strong resistance by the government, which exercised its right for the first time under the new BOJ law in its unsuccessful attempt to have the vote by the central bank's Policy Board postponed. One week later, the Nikkei-225 average on the Tokyo Stock Exchange is back again in the 16,000 range, and no major turbulence has been observed in the currency-exchange rates. Some lawmakers and economic experts criticized the BOJ for "lack of communication" with the financial markets, but the reaction so far indicates that the central bank's message has quite sufficiently been understood by market players.

BUSINESS

Jul 31, 2000

Third phase of monetary rule prompts G8 to renew focus

This year's Group of Eight summit was concluded over the weekend in Okinawa, wrapping up a series of meetings that began July 8 with the G8 finance ministers in Fukuoka.

BUSINESS

May 8, 2000

G7 drop vital hints on future of fundamentals, forex market

Many observers have brushed aside the latest agreement made by the Group of Seven finance ministers and central bankers in Washington last month.

BUSINESS

Mar 27, 2000

Excessive currency liquidity fuels speculative rise in crude

Crude oil prices, which just a year ago appeared on the verge of falling below $10 per barrel, began a steep climb this year, at one point hitting $34 per barrel -- the highest level since the Persian Gulf Crisis. There are two major reasons behind this phenomenon.

BUSINESS

Feb 7, 2000

Fiscal surplus, external deficit: Can the U.S. thrive on technology alone?

This year's State of the Union address by U.S. President Bill Clinton lasted 89 minutes.

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.

[Rebroadcast] Japan is doing better on accessibility than you may think

When trying to trace your lineage in Japan, the "koseki" is the most important form of document you'll encounter.

Climbing the branches of a Japanese family tree

By Alex K.T. Martin

SUSTAINABLE JAPAN

Prize winner Maki Imoto catches light with glass

Prize winner Maki Imoto catches light with glass

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