Tag - global-economy

 
 

GLOBAL ECONOMY

Japan Times
COMMENTARY / World
Jan 6, 2021
As world says good riddance to 2020, China hails its new status
China's position in the world has been elevated as a result of the pandemic, despite criticism that its early missteps and cover-ups made possible the spread of the virus around the world.
Japan Times
COMMENTARY / World / Beyond COVID-19
Jan 6, 2021
A global recovery’s leading variables
Questions remain whether the EU and the U.S. will enact recovery programs of the magnitude needed to restore the global economy, and if the developing world will get the support it needs.
Japan Times
COMMENTARY / World / Beyond COVID-19
Jan 4, 2021
2020 just the start of a testing decade
The gap between Wall Street and Main Street has widened, reflecting a K-shaped recovery in the real economy. The pandemic is thus sowing the seeds for more social unrest in 2021.
Japan Times
COMMENTARY / World / Beyond COVID-19
Jan 4, 2021
COVID-19 generates a quiet financial crisis
In addition to virus-related trends, a quieter crisis is gaining momentum in the financial sector. Even without a Lehman moment, it could jeopardize prospects for recovery for years.
Japan Times
COMMENTARY / World / Beyond COVID-19
Dec 31, 2020
Potential for a big bounce-back in 2021?
Engineering a big economic rebound in 2021, and maintaining strong and sustainable growth thereafter, will require much more than a COVID-19 vaccine.
Japan Times
COMMENTARY / World / Beyond COVID-19
Dec 31, 2020
A New Year's resolution for the world: Find a common path to recovery
The 2020 crisis has shown us that we need even more global cooperation in order to face this century's toughest challenges.
Japan Times
COMMENTARY / World
Dec 29, 2020
Undoing Trump regulations may divide Biden’s coalition
Some of the Trump administration's midnight rules will deserve wholesale repudiation. But others should be approached with a scalpel, not an ax.
Japan Times
COMMENTARY / World
Dec 29, 2020
Only one number mattered to global markets in 2020
The money that landed in the laps of investors this year found its way into the stock market, pushing the global value of stocks to more than $100 trillion for the first time.
Japan Times
COMMENTARY / World
Dec 28, 2020
China should join the Paris Club
The problem is that China, the largest sovereign lender in the world, is not a member, because other leading creditors complain that its loans and lending conditions are not transparent.
Japan Times
COMMENTARY / World
Dec 27, 2020
2020’s retail wipeouts warn of permanent pain
The 10 largest public U.S. firms that are either clothing retailers or department stores will have $38 billion of revenue wiped out this year, or 23% of their collective 2019 sales.
Japan Times
BUSINESS / Economy
Dec 26, 2020
China to leapfrog U.S. as world's biggest economy by 2028, report says
China will overtake the United States to become the world's biggest economy in 2028, five years earlier than previously estimated due to the contrasting recoveries of the two countries from the COVID-19 pandemic, a think tank said.
Japan Times
COMMENTARY / World
Dec 18, 2020
Biden should look to Obama's Asia-Pacific trade strategies
As president-elect Joe Biden prepares for his inauguration, the international community is anticipating how the incoming administration will approach free trade.
Japan Times
COMMENTARY / World
Dec 16, 2020
Going the last mile — Brexit myths and truths
That negotiators cannot overcome a few obstacles leaves the public bewildered. Clearly, in the words of the British Prime Minister, Boris Johnson, there has been 'a failure of statecraft.'
Japan Times
COMMENTARY / World
Dec 13, 2020
The COVID-19 debt dogs that didn’t bark
The expected financial tsunami crisis never arrived. Just six countries have defaulted on their sovereign debt, and only Argentina and Ecuador have restructured their debts.
Japan Times
BUSINESS / Economy
Dec 9, 2020
Japan firms' winter bonus payments face biggest fall since 2009, Nikkei survey says
The drop would exceed the 5.37% decline in summer bonus payments, according to the Nikkei, showing how the strain on corporate profits from the pandemic is spreading to households.
Japan Times
COMMENTARY / World
Dec 9, 2020
The pandemic public-debt dilemma
Extraordinary times call for extraordinary measures. Failing bold action, developing countries could be on track to lose years or even decades of progress in the post-pandemic world.
Japan Times
COMMENTARY / Japan
Dec 9, 2020
Prime Minister Suga makes a $708 billion bet on political survival
The government's fiscal response to the pandemic already dwarfs measures taken after the global financial crisis, as well as the earthquake and tsunami of 2011.
Japan Times
COMMENTARY / World
Dec 7, 2020
RCEP has its limits when it comes to saving multilateral trade
The RCEP's real significance lies in China's participation. It is the first regional multilateral trade agreement the country has joined.
Japan Times
COMMENTARY / World
Dec 6, 2020
Is Wall Street ready to work on China time?
Many of the Chinese blue-chips have secondary listings in Hong Kong so stockholders should hold on to their shares because that's how they can continue to chase the China dream.
Japan Times
COMMENTARY / World
Dec 4, 2020
What Africa needs now is its own Japan or Singapore
What Africa might need is its own Japan — a pioneering country that can industrialize first, and then invest in the rest of the continent.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?