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October 10, 2013

Japan
Overcoming Deflation: The Bank of Japan’s Challenge

Haruhiko Kuroda, governor of the Bank of Japan, discusses the challenges of overcoming deflation and Japan's economic policy.

October 10, 2013

Japan
Overcoming Deflation: The Bank of Japan's Challenge

Haruhiko Kuroda, governor of the Bank of Japan, discusses the challenges of overcoming deflation and Japan's economic policy.

December 13, 2017

Japan
Japanese Monetary Policy Is Working, But the BoJ Can’t Tell You Why

In September 2016, the Bank of Japan adopted a new strategy to boost the flagging Japanese economy: “yield curve control,” or YCC. The aim was to widen the gap between long- and short-term intere…

Japanese Monetary Policy Is Working, But the BoJ Can’t Tell You Why

October 18, 2018

Development
Africa Near the Bottom of World Bank's New Human Capital Index

The World Bank has recently released its Human Capital Index, part of the Human Capital Project. The index seeks to measure how much economic productivity per capita is being lost because of underinvestment in human capital.

Jim-Yong-Kim-World-Bank-Bali-Human-Capital-IndexWorld Bank President Jim Yong Kim speaks during International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 11, 2018.

December 20, 2018

Japan
Japan's Active Defenses

The Abe cabinet announced its new ten-year defense plan this week, promising to spend 27 trillion yen ($240 billion) over the next five years on Japan’s Self-Defense Forces (SDF). Eye-catching in the…

A U.S. Air Force F-16 (left) escorts a Japan Air Self-Defense Force F-35A (right) over the Pacific Ocean on November 6, 2017.

November 19, 2018

International Organizations
The World Bank Group’s Role in Global Development

Since its founding in 1944, the World Bank has evolved from a lender focused on European reconstruction to the preeminent international institution for economic development and poverty reduction.

Villagers line up for cooking oil donated by local businessmen in Myanmar.

March 8, 2017

Japan
Japan: Women of Influence

Today we celebrate International Women’s Day. This comes five days after Japan’s Hinamatsuri, or Girls’ Day, the day in which the nation celebrates the bright future of its young daughters. On this s…

April 15, 2016

Monetary Policy
Has the Fed Become More Accommodative than the ECB and BoJ?

    A Japanese interest-rate strategist recently told the Wall Street Journal that “every day is like being Alice in Wonderland” since the Bank of Japan’s foray into negative deposit rates …

Has the Fed Become More Accommodative than the ECB and BoJ?

November 12, 2015

Europe and Eurasia
As Fed Pulls Back, the ECB and BoJ Add Trillions to Global Liquidity

All eyes and ears are on the Fed as it ponders its first rate increase in nine years.  IMF Managing Director Christine Lagarde fears a rerun of the 2013 “taper tantrum,” or what we have been calli…

As Fed Pulls Back, the ECB and BoJ Add Trillions to Global Liquidity

January 9, 2019

Middle East and North Africa
Abbas Celebrates 14th Anniversary of His Four-Year Term

On January 9, 2005—exactly 14 years ago today—Mahmoud Abbas was elected president of the Palestinian Authority. For a four-year term. Today Abbas begins serving the fifteenth year of his four-year…