"Can Japan's Economy Achieve a Breakout in 2016?"
Chief Economist, Japan, J.P. Morgan
Senior Fellow, Fujitsu Research Institute
Thursday, January 14, 2016, 12:30 - 14:00
Prime Minister Shinzo Abe has repeatedly said that getting Japan's economy back on track after 25 years of deflationary pressures is his No. 1 priority. As he enters his third year in office, what are the prospects? Will monetary easing, fiscal stimulus and structural change finally start to show progress? Even with domestic success, will a faltering China undercut any prospects for a meaningful expansion? Can the economy get enough steam to withstand the impact of a second sales tax increase in 2017?
To help provide insights into the new year, two highly respected economists, Masaaki Kanno of JP Morgan and Long Ke of the Fujitsu Research Institute, have agreed to come to the Club for a timely and important discussion.
Kanno has been with JP Morgan since 1999 and is now Managing Director and Chief Economist, Japan, responsible for outlining the firm’s view on the Japanese economy. Prior to that he held a number of key roles at the Bank of Japan, including Associate Director at the Research and Statistics Department, Deputy Chief Representative in Europe, secretary to the Governor in charge of Diet issues, and Chief FX Trader in the International Department.
Ke is a Senior Fellow at the Fujitsu Research Institute, which is well known for its wide range of economic research. He has been at Fujitsu since 1998 and specializes in Development Finance and the Chinese economy. His research has included papers examining the risks for Japanese companies doing business in China, China’s exchange rate policy and the move by China toward a more demand-led economy. Ke received a BA in Law and Economics from Aichi University in 1992 and an MA in Economics from Nagoya University in 1994.