“Japan Economics - Escape from Deflation: Trust but Verify"
Dr. Robert Alan Feldman, Managing Director, Chief Economist
Morgan Stanley MUFG Securities Co., Ltd.
After the victory in the election in December 2014, Prime Minister Abe is pushing ahead "three arrow" strategy boldly which includes unprecedented monetary easing, government spending and business deregulation to depart from Japan's deflationary economy for two decades.
On the other hand, there are challenges Japan faces; world's heaviest debt, ageing population, globalization and promotion of private-sector competitiveness. Can Japan escape from deflation? We would like to hear Dr. Feldman's view and verification for the outlook of Japan's economy.
Dr. Robert Alan Feldman is the Chief Economist. As part of Morgan Stanley’s global economics team, he is responsible for forecasting the Japanese economy, financial markets and policy developments. He has served as a member of several economic study committees of various ministries of the Japanese government, and has served as a commissioner of the Japan-US Friendship Commission. He is also a regular commentator on World Business Satellite, the nightly business program of TV Tokyo.
Prior to joining Morgan Stanley in 1998, Robert was the chief economist for Japan for Salomon Brothers from 1990-97. He worked for the International Monetary Fund from 1983-89, in the Asian, European, and Research Departments. Robert has a Ph.D. in Economics from the Massachusetts Institute of Technology, where he concentrated on international finance and development. He did his undergraduate work at Yale University, where he took BAs in both Economics and in Japanese Studies, graduating phi beta kappa, summa cum laude. Before he entered graduate school, he worked at both the Federal Reserve Bank of New York and at the Chase Manhattan Bank. Robert first came to Japan in 1970, as an exchange student, spending a year in Nagoya. He subsequently spent study years at both the Nomura Research Institute (1973-74), and at the Bank of Japan (1981-82).
Date: Thursday, February 19th, 2015
Time: 6.30 p.m. – 7.00 p.m. Drink & Snack (served before lecture)
7.00 p.m. – 9.00 p.m. Lecture and Discussion
Place: Alfred Nobel Auditorium, Embassy of Sweden
10-3-400 Roppongi 1-chome, Minato-ku, Tokyo 106-0032
Limited seats, Registration is processed in first-come first-served basis
Fee: JPY3,000 per person, payable at the door
Free for those who are from sponsoring companies (*)
Free for students, please bring your student ID
Visions & Insights is a new seminar initiative by the EIJS in cooperation with the Swedish Chamber of Commerce and Industry in Japan (SCCJ.) In this initiative we will hold three seminars per year, covering topics on Japanese business, economy, politics and society.
(*) EIJS Academy 2014-2015 is sponsored by: Gadelius Holding Ltd., Höganäs Japan K.K. and in cooperation with the Embassy of Sweden
Please sign up not later than February 13th via email to email@example.com for the attenton of Ms. Futagawa, EIJS Tokyo Office.