The Key Challenge for Abenomics: Demographic Tsunamis Hitting Japan And Other East Asian Countries
Thursday, September 19, 2013 from 12:30 PM to 2:00 PM (EDT)
The Center on Japanese Economy and Business at Columbia Business School welcomes you to a lunchtime "zadankai" seminar
The Key Challenge for Abenomics:
Demographic Tsunamis Hitting Japan And Other East Asian Countries
Kosuke Motani '94
Chief Senior Economist, Economist Department
Japan Research Institute, Ltd.
Director, Center on Japanese Economy and Business
R. D. Calkins Professor of International Business Emeritus
Mr. Motani's PPT presentation is now available here.
Why have low unemployment, high productivity and high liquidity in Japan in the last two decades not resulted in high growth? The reason lies in the dynamism of demography, or a "demographic tsunami." Mr. Motani will discuss the impact of Japan's declining working age population on its economy using very basic statistics. This phenomenon is not unique to Japan; China, Korea, Taiwan and Singapore will find themselves in similar situations within the next few years, and continental Europe and Russia are following the same track. What can we do to cope with this reality? What should we not expect to achieve? What can we learn from Japan's experience?
This event is free and open to the public. Advance registration is required. Lunch will be served.
Media Contacts: Ryoko Ogino, firstname.lastname@example.org
Kosuke Motani joined the Development Bank of Japan in 1988 and currently serves as Chief Senior Economist at Japan Research Institute. Motani has been known as "The Top Figure in Japan in the Field of Demography and Regional Economy Promotion." Motani has been devoting himself into creating and presenting strategies for national/local governments, private enterprises and NPOs toward their economic prosperity and business success. He is the author of a recent best-seller “Defure no Shotai (“Silver Tsunami” or Non-monetary deflation in Japan)”.
Motani graduated from the University of Tokyo with a B.A. in Law and acquired an MBA from Columbia Business School.
When & Where
Center on Japanese Economy and Business, Columbia Business School
Established at Columbia Business School in 1986 under the direction of Professor Hugh Patrick, the Center on Japanese Economy and Business (CJEB) promotes knowledge and understanding of Japanese business and economics in an international context. The Center is a research organization widely recognized for its international programs, which provide prominent speakers from the public and private sectors a forum for collaboration and reflection on Japan, the United States, and the global economy.