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東 亞 研 究 協 會
Association for East Asian Studies
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Capital Flight from Japan?
Ichiro Suzuki The Japanese yen is under pressure again halfway through 2023. The yen is falling almost unilaterally. Its precipitous...
Jul 7, 20234 min read


Hinomaru Projects
Ichiro Suzuki The Japanese flag is casually called Hinomaru. As is almost always the case with a national flag, it symbolizes the...
Jul 2, 20234 min read


2023 G7 Summit in Hiroshima
Ichiro Suzuki In May, leaders of the developed world gathered in Hiroshima, Japan for their annual G7 Summit. Hosting a summit should...
Jun 18, 20234 min read


A Tale of Two Stock Market Indices
Ichiro Suzuki On May 16, Japan’s Nikkei Index closed above the 30,000 barrier for the first time in 18 months, and has been trading...
Jun 8, 20234 min read


Nomura’s Woes
Ichiro Suzuki In late April, shares of Nomura Holdings fell sharply, in response to an earnings announcement for the year through...
Jun 4, 20235 min read


Rise of Bangladesh
Ichiro Suzuki It is widely expected that India overtakes China as the most populous country on earth, half way through 2023, and it...
May 7, 20234 min read


Japan Exchange’s Wrath
Ichiro Suzuki Japan Exchange Group (JPX), the Tokyo Stock Exchange’s parent, has long been unhappy with low value assigned to Japanese...
Apr 28, 20234 min read


Global South Debt and Chinese Banks
Ichiro Suzuki This is not a new news or revelation, and has been already well documented. The developing world, or the Global South...
Apr 26, 202311 min read


The Folly of Coddling Shareholders
Ichiro Suzuki Shareholders are God in the 21st century capitalism. Management of Corporate Japan began to be told at the turn of the...
Apr 7, 20235 min read


Digital Deficits
Ichiro Suzuki For January 2023, Japan’s current account registered deficits of ¥1,976 billion, up from ¥1,396 billion twelve months...
Mar 29, 20233 min read


Anti-Declining Birthrate Policy of Another Dimension
Ichiro Suzuki In 2022, 811,604 babies were born in Japan whose population is approximately120 million. This was 29,231 fewer than in...
Mar 19, 20234 min read


Spring Wage Offensive 2023
Ichiro Suzuki Spring is the season for Japan’s labor unions. They negotiate their members’ wages for a new fiscal year that begins on...
Mar 8, 20234 min read


The Bank of Japan’s Next Governor
Ichiro Suzuki Prime Minister Fumio Kishida has asked Professor Kazuo Ueda to take over a position that will be vacated by departing Bank ...
Feb 27, 20234 min read


Retained Earnings Tax
Ichiro Suzuki From time to time in recent years, Japan’s opposition politicians have called for a new tax. It is one on retained...
Feb 17, 20234 min read


Looking Back on the Bank of Japan’s Extraordinary Monetary Policy
Ichiro Suzuki This spring marks the end of Haruhiko Kuroda’s ten-year governorship at the Bank of Japan. (He has served two...
Feb 7, 20235 min read


What’s Behind the United States’ Outsized Presence in Global Equity?
Ichiro Suzuki Former Morgan Stanley emerging market chief Ruchir Sharma ran an article on The Financial Times at the beginning of this...
Jan 29, 20233 min read


The Covid Death Toll Myth in China
Peter Zhang George Bernard Shaw once said, “Assassination is the extreme form of censorship.” He wasn’t exaggerating a bit. The swift...
Jan 17, 20234 min read


A Tale of Two Endings
Ichiro Suzuki Since the final weeks of 2022, the world has witnessed a flurry of reversal of policies that had been enforced on China...
Jan 17, 20234 min read


Japan’s Long Bear Market
Ichiro Suzuki Japan’s Nikkei Index closed 2022 at 26,094, down from 28,791 a year earlier amid a global rout in the stock markets....
Jan 11, 20234 min read


General Electric
Ichiro Suzuki General Electric is a company that Thomas Edison founded in the late 19th century. It was natural progression that...
Dec 19, 20224 min read
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