Shinya Ajima

For Shinya Ajima's latest contributions to The Japan Times, see below:

| Apr 23, 2012

Analysts query value of IMF contribution

The leading role Japan played in convincing the Group of 20 major economies to almost double the resources of the International Monetary Fund highlighted Tokyo's fear of losing its global presence to emerging economies such as China. When their two-day meeting ended Friday in Washington, ...

Mar 8, 2012

Recovery from quake could block reforms

One year after the devastating March 11 quake and tsunami, the economy has been recovering from the tremendous shocks caused by the disasters, which disrupted the nation's production and exports while hurting business and consumer sentiment. But with conditions apparently getting back to normal following ...

| Feb 16, 2012

BOJ faced pressure over inflation goals

The Bank of Japan's decision to announce its first-ever inflation target is being widely interpreted as the central bank stepping up its commitment to end chronic deflation. But analysts say the move is also the result of political pressure and will benefit the government, which ...

Few growth options in 2012

Dec 31, 2011

Few growth options in 2012

The sky-high yen and global economic downturn will likely continue to exert downward pressure on the economy in 2012, but domestic demand linked to postdisaster reconstruction work is expected to underpin growth. Japan is stepping up its austerity measures, including preparations for raising the consumption ...

Oct 17, 2011

Europe the real test for economy

Some people may be wondering why, despite the devastating earthquake and tsunami in March, the yen has been rising against the dollar, the euro and other major currencies, indicating investor confidence in the country's economy, at least so far. Many analysts respond to the question ...

Currency experts mixed over yen selloff measure

| Aug 26, 2011

Currency experts mixed over yen selloff measure

Market participants remain skeptical of the impact of the government's $100 billion package aimed at curbing the rising yen, and are on the lookout for additional intervention in the near future. Speculation over fresh intervention, possibly this week, is rising amid indications the U.S. Federal ...

Forex intervention raises doubts

| Aug 6, 2011

Forex intervention raises doubts

Thursday's intervention in currency markets by the government clearly illustrated their fear that the economy could collapse unless they take action. The world's third-biggest economy was already under serious downward pressure from the massive earthquake and tsunami in March, which disrupted production and exports and ...

Jul 13, 2011

Political turmoil casting doubt on public finances

Four months after the devastating earthquake and tsunami in the northeast, the economy shows some signs of recovery, but at the same time uncertainty is growing over public finances as the government struggles to implement budgets and push through fiscal reforms amid political turmoil. Firing ...

Economic outlook dimmer a month after earthquake

Apr 12, 2011

Economic outlook dimmer a month after earthquake

A month after the devastating March 11 earthquake and tsunami struck Japan, uncertainty over the country's economy has only escalated, with manufacturers crippled and the crisis at the Fukushima No. 1 nuclear power plant weighing heavily on business and consumer sentiment. The government of Prime ...

| Mar 18, 2011

Blackouts ravaging faltering economy

As the havoc wreaked by the massive earthquake and ensuing tsunami last week becomes clearer day by day, one critical problem for Japan's already fragile economic recovery has emerged: a lack of electricity. In the aftermath of the devastating magnitude 9 earthquake on March 11, ...