Mr. Shijuro Ogata, Former Deputy Govenor of Bank of Japan and Japan Development Bank Theme; Financial Crisis and Japan in 2009
The speaker of First Wednesday February 2009 is Mr. Shijuro Ogata, Former Deputy Govenor of Bank of Japan and Japan Development Bank
Points:
Five phases of financial crisis/ Four differences between financial crisis in 2008 and Japanese financial crisis in 1990s/ Influence on Japan/ Economic recovery 2003 through 2007 / From the occurrence of subprime loan crisis to the present/ The possibility of dollar collapse/ The strength of America/ The perspective of foreign exchange market―US dollar and Japanese yen / Keynesianism or neoliberalism? /Japan in the age of post-financial capitalism/ Japan is a country of good soldiers but poor commanders/ Model deficit countries, not model surplus countries/ The essence of bubble― It is hard to modify autonomously/ The role of World Economic Forum/ Scandinavian model― Japan should learn from it about social and economic system/ Big government or small government? We need a wise government