From the Board Room

Latest Articles

2022.05.16

A paradigm shift accelerates

“A paradigm shift in the economy and society may be in the offing,” so wrote I in this column a year ago. The war in Ukraine now appears to be accelerating the paradigm shift. First of all, the corona pandemi…

2021.05.10

Inflation: Anxiety or Hope?

Inflation has begun to loom large in US financial markets against the background of stepped-up fiscal spending of the US government. In early 2021 a fiscal spending worth 9 percent of GDP was decided to be appl…

2020.12.28

Japan in TPP and RCEP

Questions: How will Japan balance its commitments to the Trans-Pacific Partnership (TPP) and RCEP, with the US and China respectively? Additionally, both Japan and Australia are enthusiastic about RCEP despit…

2020.12.15

Beyond the Pandemic of 2020

2020 will be remembered in history as the year of COVID-19, which began to overshadow the globe earlier that year. By late 2020 the pandemic has had a few notable influences over the economy. First of all, th…

2019.10.31

The US dollar supremacy

The reality of the global currency market The global currency market has hardly changed in terms of currency distribution since the mid-1980s, when I was an economist at the BIS and published a BIS Economic Pa…

2018.01.19

Rising Japan inflation: a possible shock

The world economic and financial scene appears too good to be true. Growth has strengthened. Inflation is subdued. Financial markets demonstrate rich valuations and low volatility. Extraordinary monetary easing…

President　Toshihiko FUKUI

Mr. Fukui joined the Bank of Japan in 1958 after graduation from the University of Tokyo. Having served for three decades in several positions, he took up the position of Executive Director in 1989-94, and Deputy Governor in 1994-98. He left the Bank of Japan once in 1998. In 1998-2003 he worked as Chairman at Fujitsu Research Institute. Then he was appointed the Governor of the Bank of Japan and served for the period between 2003 and 2008. Since December 2008, he has been at the current position of the President of the Canon Institute for Global Studies.

Director・Special Advisor　Akinari HORII

Mr. Horii joined the Bank of Japan in 1974 after graduation from the University of Tokyo. He worked at the Bank of Japan for three decades. Meanwhile he also worked at the BIS in Basel, Switzerland, Japan’s Ministry of Finance, and the Institute for International Policy Studies in Tokyo. In 2006 he was appointed Assistant Governor of the Bank of Japan, and he stepped down in June 2010. Since July 2010, he has been at the current position.

Advisor　Daisuke KOTEGAWA