Yukio Suzuki - The Japan Times

December 30, 2024

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Yukio Suzuki

COMMENTARY

Jul 21, 2003

Japanese-style management deserves updated appraisal

Japanese-style management was once widely acclaimed as ideal. Since the collapse of the bubble economy, though, it has been discarded as a model for its incompatibility with reform. Now the system is being revaluated, and active debate is going on in the business community on how to adapt it to changing...

COMMENTARY

Mar 21, 2003

Perhaps society is the problem

Like a parrot, Prime Minister Junichiro Koizumi has been repeating the same phrase: "There will be no economic growth without structural reform." At last he is being forced to make a policy turnaround to implement a package of antideflation measures to stimulate domestic demand. The reversal has been...

COMMENTARY

Jan 6, 2003

Time to rock economic boat

After remaining in the doldrums for more than 10 years, the Japanese economy is now plagued by deflation. The Tokyo Stock Exchange's benchmark Nikkei index has fallen to the 8,500 level, and the nation's unemployment rate remains high. Last fall the government announced a policy package for expediting...

COMMENTARY

Sep 10, 2002

Making Japan's voice heard

Foreign Minister Yoriko Kawaguchi is doing a good job -- much better than expected. She has made few blunders since she assumed the post Feb. 1, aside from the trouble over the inept bureaucratic handling of the Shenyang Japanese Consulate incident involving North Korean asylum seekers.

COMMENTARY

Jun 4, 2002

Wake-up call on diplomacy

Shenyang, in northeast China, is a city of historical significance for both Japan and China. Formerly known as Mukden, it was the last battlefield in the 1904-05 Russo-Japanese War. Imperial Japan, emerging as a modern power after the Meiji Restoration, won a do-or-die war with imperial Russia, which...

COMMENTARY

Jan 7, 2002

Fine-tuning needed for globalization

In the new year, the world will have to grapple with daunting political and economic challenges that surfaced toward the end of the 20th century. The terror attacks in the United States on Sept. 11 -- which The Economist called the "the day the world changed" -- complicated the problems.

COMMENTARY

Aug 10, 2001

Noblesse oblige in short supply

The immediate task for Prime Minister Junichiro Koizumi is to wrap up a specific reform package. While his slogans — "Structural reform with no sacred cows" and "No economic recovery without structural reform" — are basically supported here and abroad, stock prices have continued to fall.

COMMENTARY

Jun 18, 2001

Moving toward real reform

The Council on Economic and Fiscal Policy, an advisory panel to Prime Minister Junichiro Koizumi, has drawn up guidelines for a range of structural reforms planned by his administration. These policy outlines, designed to reshape Japan's outmoded economic society, are by and large acceptable.

COMMENTARY

May 14, 2001

Signs of creative destruction

Japan today needs what the economist Joseph A. Schumpeter once called "creative destruction." The immediate need is to shake up the political and economic systems from the ground up. Without such drastic changes Japan will not be able to regain vitality.

COMMENTARY

Mar 26, 2001

Too little too late for reform?

In a dramatic policy reversal, the Bank of Japan has shifted its priority from cutting interest rates to expanding the money supply. The shift involves changing the key target for monetary adjustment from uncollateralized call-money rates to private banks' demand-deposit balances in the central bank....

COMMENTARY

Feb 5, 2001

Complacency fatal for Japan

Prime Minister Yoshiro Mori recently traveled to Davos, Switzerland, to attend the annual meeting of the World Economic Forum. He stayed there for only half a day, returning home immediately after delivering a speech.

COMMENTARY

Dec 12, 2000

Economic outlook is gloomy

Prime Minister Yoshiro Mori faces an uncertain future after surviving a no-confidence motion against his Cabinet in the Diet last month. Koichi Kato, a leading dissident in the ruling Liberal Democratic Party, and fellow rebels had vowed to vote for the opposition-sponsored motion, but they changed their...

COMMENTARY

Oct 2, 2000

Japan's ills threaten the world

Japan's Naoko Takahashi won the gold medal in the women's marathon in the Sydney Olympics Sept. 24. In winning the tough race on a difficult, up-and-down course, she established an Olympic record and became the first Japanese woman to win an Olympic marathon gold medal. She also gave Japan its first...

COMMENTARY

Sep 4, 2000

Japan flounders without goals

The disturbing thing about Japan today is that it lacks a clear sense of national purpose even though the 21st century is close at hand. The economic slump of the 1990s is often described as a "lost decade" or a "second surrender" (after the defeat in World War II). But it is not just the stagnant economy...

COMMENTARY

Jul 18, 2000

A new era unfolds in Taiwan

I was part of a Japanese media group that visited Taiwan June 18-21, took part in joint interviews with President Chen Shui-bian and his predecessor Lee Teng-hui, and came away with strong impressions of their leadership skills.

COMMENTARY

Jun 13, 2000

Future rides on this election

The Japanese archipelago will be deafened by the din of election campaigning for the Lower House for about two weeks beginning today. Given the growing public distrust of politics, however, the ranks of voters who claim no party affiliation are swelling. Political parties have repeatedly embraced unprincipled...

COMMENTARY

May 1, 2000

Winner takes all? Not yet

The New York stock market remains volatile, even after rebounding from its worst-ever decline in points that was posted April 14. Following the crash, the Tokyo stock market also nosedived; it is troubled by even more jitters than Wall Street. Some analysts say the recent replacement of some of the stocks...

COMMENTARY

Apr 3, 2000

Partial reform will not work

The Japanese-language version of "The Wealth and Poverty of Nations," by David Landes, professor emeritus of history and economics at Harvard University, has been published. The translator of the book, Keio University Professor Heizo Takenaka, notes that gaps are widening between winners and losers in...

COMMENTARY

Jan 10, 2000

Samurai values to the rescue

The biggest challenge for Japan as it greets the new millennium is implementing drastic political, economic and educational reforms, comparable to those carried out in the Meiji Restoration and after the end of World War II. Plans must include major fiscal reform, restructuring of the banking system,...

COMMENTARY

Sep 7, 1999

Merge -- and then to work

The blockbuster deal to combine Dai-Ichi Kangyo Bank, Fuji Bank and the Industrial Bank of Japan may be compared to an epic drama. Act one has opened with fanfare. But what if discord develops between the director and playwright? What if the actors turn out to be hams? What if the stage settings are...

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.

Kabukicho: Tokyo’s ‘stadium of desire’

Visitors to Kyoto walk along a street near Kiyomizu Temple in April. A popular tourist spot, Kyoto has seen what locals feel to be an overwhelming amount of tourists in 2024.

Is Japan ready for 60 million tourists?

By Kathryn Wortley

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