Japan must not underestimate the cost that the U.S.-China confrontation could bring.
For Heizo Takenaka's latest contributions to The Japan Times, see below:
As we brace for the Reiwa Era, we must be ready to take on structural reform of the economy as well as administrative and fiscal reforms of a much larger and broader scale than took place in Heisei.
Labor system reforms have the potential to pave the way for greater roles for elderly workers in the workforce.
2019 is a year in which Japan needs to be closely watched both politically and economically.
It was in September 2008 that the collapse of Lehman Brothers triggered an economic shock leading to a global recession. Since then, most countries have gradually recovered, and in recent years what came to be called a Great Moderation permeated the world's economies. That market ...
Building a supercity that condensates the essence of the Fourth Industrial Revolution would be a great policy legacy for Prime Minister Shinzo Abe.
Raising the consumption tax could once again hurt the economy more than help it.
To leave a legacy behind, the Abe administration should rise to the challenge of making the economy better for the next generation.
Policy discussions during the Heisei Era had the characteristics of being molded by the opinions exchanged on TV news and variety shows.
In response to the burgeoning trade war, Japan should carry out structural reforms of its economy and take the lead in promoting multinational free trade pacts.