Japan Economist, Japan Macro Advisors

Takuji Okubo

Japan Economist

Concise and Insightful Analysis on Japan Economy

Japan Macro Advisors

Our mission is to provide a concise and timely analysis on the Japanese economy for the benefit of global audiences. Communication, especially in foreign languages, has always been a weakness for the Japanese, which was fine when Japan's economic might attracted foreign media and various other institutions to study and report on Japan - such days are long gone. In the last two decades, we saw foreign institutions reallocating their resources from Japan to other more exciting parts of the world. As a result, when we read reporting on Japan in foreign media, we sense a subtle but noticeable decline in the depth of understanding what is actually happening in Japan.

Macroeconomics

<p>What could the Bank of Japan do if it is to face a recession? This question is the foremost critical challenge for Mr. Kuroda in the next five years. It has already been ten years since the last global recession, and we should not be surprised to see another one around the corner. The BoJ may be able to start an exit process in a year or two, but if a recession is to happen within the next few years, we expect most of the current easing policies, such as the -0.1% short-term policy rate, to be…</p>

What could the Bank of Japan do if it is to face a recession? This question is the foremost critical challenge for Mr. Kuroda in the next five years. It has already been ten years since the last global recession, and we should not be surprised to see another one around the corner. The BoJ may be able to start an exit process in a year or two, but if a recession is to happen within the next few years, we expect most of the current easing policies, such as the -0.1% short-term policy rate, to be…

Kuroda's Next 5 Years (Part 2): Prepare to Ease Again