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COMMENTARY / World

Jan 27, 2001

Nothing new about U.S. boom-bust cycle

By Christopher Lingle

Fears that a bear market in the United States will dampen consumer spending and cause a recession are unfounded. This is not to say that the U.S. economy will not experience a slowdown. But when the recession comes, it will be for a different reason.

COMMENTARY / World

Jan 27, 2001

Corruption in China: business as usual?

By David Wall

Hardly a week goes by in China now without some leader being executed or arraigned for corruption. And the level of the officials being charged and convicted (much the same thing in China) is rising.

EDITORIALS

Jan 26, 2001

Environment under assault

It has been a bad week for the environment. On Monday, a United Nations conference unanimously approved a report confirming that the threat of global warming is both real and intensifying. It identified human activity as the chief culprit. If we needed more proof that we are poor stewards of the environment,...

COMMENTARY

Jan 26, 2001

Plagued by scandal yet again

By Keizo Nabeshima

Fukushiro Nukaga was forced to resign Tuesday as minister for economic and fiscal policy over allegations that he received 15 million yen from the mutual-aid organization KSD in return for favors. Nukaga denied accepting the money himself but admitted that one of his secretaries had received it. He said...

COMMENTARY / World

Jan 26, 2001

Major trends start at microeconomic level

2000 should be remembered as the first year in which it was statistically confirmed that microeconomic activities can significantly affect macroeconomic performance, according to Naoki Tanaka, president of the 21st Century Public Policy Initiative.

COMMENTARY / World

Jan 26, 2001

Macroeconomic pacing urged

Both Japan and the United States are vulnerable to the same macroeconomic policy mistakes -- overreacting to short-term bad news and making wrong policy decisions, a renowned American economist warned during a recent symposium held in Tokyo.

COMMENTARY / World

Jan 26, 2001

Japan's banking system still shaky despite 'reforms'

Japan's banking system can still be described as "fragile" or even "precarious" despite nearly a decade of supposed reforms and a wave of industry realignment, according to Benn Steil, New York-based senior fellow of the Council on Foreign Relations.

COMMENTARY / World

Jan 26, 2001

It's up to Japan to act on trade ties

The new administration of George W. Bush has placed low priority on trade policy toward Japan, making it crucial that Tokyo take the initiative in developing closer trans-Pacific economic ties rather than waiting for overtures from Washington, a U.S. think tank member told a symposium held just before...

EDITORIALS

Jan 25, 2001

Scandal threatens the Mori Cabinet

An unfolding bribery scandal surrounding an insurance group for small business led to the resignation of Mr. Fukushiro Nukaga, state minister for economic and fiscal policy, on Tuesday. Just a week earlier, Mr. Takao Koyama, a Liberal Democratic member of the Upper House, was arrested on charges of receiving...

EDITORIALS

Jan 24, 2001

Putting bureaucrats in the back seat

The Council on Economic and Fiscal Policy, an advisory panel to the Cabinet Office, is the highlight of the Jan. 6 government reorganization. The high-powered council, which includes private advisers, cuts across ministerial lines. It represents part of a comprehensive attempt to shift the policymaking...

COMMENTARY / World

Jan 24, 2001

Russia can teach California a few things about blackouts

By Russell Working

VLADIVOSTOK, Russia -- When blackouts hit the residential districts of Russia's largest Pacific seaport, as they have for up to 20 hours a day and even more this week, people learn to cope.

COMMENTARY

Jan 24, 2001

Time for Japan to root out corruption

By Hugh Cortazzi

LONDON -- Fifty years ago this year, the San Francisco Peace Treaty was signed and the Japanese government began preparing to resume full sovereignty. Then-Prime Minister Shigeru Yoshida was a shrewd politician. He knew that the peace treaty, despite the difficulties some of the clauses would cause for...

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.

Kabukicho: Tokyo’s ‘stadium of desire’

Japan's growing ranks of centenarians are redefining what it means to live in a super-aging society.

What comes after 100?

By Tomoko Otake

SUSTAINABLE JAPAN

Tsukuba massif granite, one of the world’s few heritage stones

Tsukuba massif granite, one of the world’s few heritage stones

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