The nation should not miss the opportunity to restructure its economic and energy-consumption structure for future generations.
For Sayuri Shirai's latest contributions to The Japan Times, see below:
Monetary easing measures adopted by the Bank of Japan lack boldness.
Prompt actions by governments could help prevent the collapse of affected firms and individuals.
China's central bank digital currency may boost the internationalization of the yuan.
Japan continues to find ways to please Trump while avoiding a worst case scenario for Japan's economy.
Modern Monetary Theory may not be able to solve the nation's complicated long-standing structural problems.
Why does wage growth remain sluggish despite Japan's growing labor shortage?
The BOJ may have no choice but to end up providing permanent government support to avoid painful fiscal consolidation.
It will be a very long time before the Bank of Japan takes any clear steps toward normalization.
The Bank of Japan's ambitious inflation target increasingly appears unachievable.