The 71st Stockholm Seminar on Japan
Mission incomplete! This phrase neatly captures the progress made by the Bank of Japan (BOJ) in reflating the economy. In April 2013, the BOJ launched an unprecedented quantitative and qualitative monetary easing policy. The BOJ was certain that the 2% price stability target would be achieved within 2 years.
About 4 years later, the BOJ lags behind other major central banks, with actual inflation and inflation expectations still well below 2%. What happened? And what should the BOJ do next? This former policy maker’s account expertly traces and analyzes the policy’s consequences.
Sayuri Shirai has been Eminent Professor of Faculty of Policy Management at Keio University and Visiting Researcher at Asian Development Bank since April 2016. She was Associate Professor at Keio University since 1998 and its Professor since 2006. She was Economist of International Monetary Fund since 1993. She serves as Outside Director at the Nisshin OilliO Group, Ltd., and she served as a Member of the Policy Board at Bank of Japan since 2011 (resigned 2016). She received B.A. in Sociology in 1987 and M.A. in Economics in 1989 from Keio University and Ph.D. in Economics from Columbia University in 1993.
Moderator: Professor Marie Söderberg, Director, European Institute of Japanese Studies, Stockholm School of Economics
Welcoming Remarks: Dr. Tadaharu Tsumoto, Director, Japan Society for the Promotion of Science Stockholm Office
Discussant: Professor Lars E. O. Svensson, Stockholm School of Economics
Please RSVP to email@example.com, April 28, 2017
The Japan seminar series is jointly organized by the European Institute of Japanese Studies at Stockholm School of Economics, the Asia Programme at the Swedish Institute of International Affairs, the Department of Asian, Middle Eastern and Turkish Studies at Stockholm University and the Swedish Defence University. It features monthly seminars on Japanese economy, politics and society.