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Avoiding the Thucydides Trap Through Interdependence Between the United States and China NEW

Kojima Akira, Member, Board of Trustees, and Adjunct Professor, National Graduate Institute for Policy Studies (GRIPS); Trustee, Chairman of the World Trade Center TokyoThe standards for calculating the gross domestic product (GDP) of Japan are set to be changed, beginning with the second preliminary figures to be announced in December 2016. Upon this change, the GDP is expected to be revised upward by about 3%, an increase of over 15 trillion yen. The government has stated its intent to increase the nominal GDP to 600 trillion yen by 2020 (486.6 trillion yen for the fiscal year of 2014) as one of the targets under the “new three arrows” plan. Achieving this target appears to be quite difficult, but the scheduled revision to the standards for calculating the GDP should provide a favorable boost. However, this revision to the standards is not being made arbitrarily. The timing for the revision is in line with the established policy of making a revision once every five years. Reflecting capital investment by enterprises within the GDP, which is the core item of revision, is in line with the international standards that were revised in 2008 [Read more]

Diplomacy

41

Japan and the European migrant crisis: Not “someone else’s problem”

40

Japanese “Armitage-Nye Report” Launched

37

Post-TPP Trade Vision
―Ordeal of multilateral trade without the U.S.

37

Japan and the United States Confront the Past

37

North Korea’s Ballistic Missile Launch Test:
Kim Jong-un Deploys Nuclear Missile ―
Development is proceeding in an extremely rationalized way, and the target is the US mainland

Politics

41

A Long-Lived, Unamended Constitution

38

PKO Cooperation Act with Serious Flaws Finally Improved after a Quarter Century
Issues Left for Kaketsuke-Keigo in UN Peacekeeping Operations

38

Passing Down The Significance of President Obama’s Visit to The Future

34
Tanaka Naoki, President, Center for International Public Policy Studies

Interpreting the Upper House Elections: Two concerns about maintaining the status quo
― Sustaining social security and Japan’s policy towards China

34

Interpreting the Upper House Elections: Please don’t squander your political capital, Prime Minister!
―Putting growth strategies and fiscal health ahead of constitutional reform

Economy

40

Interviewing an Expert on International Trade
Efforts to Implement the TPP Fail — Exercise Leadership to maintain a high level of trade negotiations

40

Views on the Chinese economy:
Step-by-step Action on Capital Outflows
― Avoiding a hasty transition to a floating system

40

Is U.S.-Japan Trade Friction Avoidable?
Stay Resilient with Fair Arguments against Unfair Criticism
―Japan must not accept import obligations

39

Views on the Chinese economy:
Dynamism Holds the Key in the Private Sector
―China is Using Incomplete Intellectual Property Protection and Insufficient Laws to its own Advantage

39

A New Perspective on Measures for the Declining Birthrate:
Expected fertility rate of 1.8 can be realized
Put all necessary measures into action in eight years

39

Trade: New Partners

39

A New Perspective on Measures for the Declining Birthrate:
Provide Better Benefits in Kind Instead of Benefits in Cash ― The imminent challenge of expanding child care services

39

Bringing The Truth Behind Inflation to the World
― Reading the State of the Global Economy from the Demographics of Japan, China and Singapore

38

Is U.S.-Japan Trade Friction Avoidable?
Blaming Trade Partners for Deficits Is Pointless

38

Excessive Pessimism about the Shrinking Society

38

Evaluating the “Comprehensive Assessment of Monetary Policy”
Continued Easing To Overshoot 2% Inflation ― Introducing Short-Term and Long-Term Interest Rate Control

38

Do expectations raise prices?
Expectations Have Hardly Had Any Impact on Wages, The Key Factor 
― Deflation is not a monetary phenomenon

38

Evaluating the “Comprehensive Assessment of Monetary Policy”
The Preoccupation with Rationalization of the New Framework ― Messaging Lacks Introspection

37

A Big Problem After All: President Trump’s Trade Policies

37

Declining birthrate widespread across Asia
A Key Policy Is Support for Balancing Work with Childcare ― Need to increase family-related expenditure

Society

41

The Topic of Japan Viewed from Oxford

41

Kagaku-Tsushin
Island Signs: The Sign Language of Miyakubo in Ehime Prefecture

41

Dialogue: Is Artificial Intelligence Versus Humans Reflected in Shogi as Well as Everyday Life?
AI Raises Again the Question of How Humans Should Live

41

Vacant Houses are Undermining Tokyo
Reconsider the Relaxation of City Planning Regulations

Distortions in a “Society with Excessive Residential Supply” Created by the Industry, Government and Private Sector

40

Cats and Japanese People

Culture

40

Remembering Ooka Makoto The Poet from Mount Fuji

40

Why are foreign chefs captivated by Japanese kitchen knives?

39

Haiku: “Sharing Makes Peace”

39

David Bowie & Arts:
Bowie and Japan

39

David Bowie and his love of Japan:
A Man Who Saw the Future

Science

41

Dialogue: The fundamental bases for the Japanese people
To the fundamental bases for the Japanese people
― The possibility of initiatives for integrating archaeology with anthropology

41

Society and Science on iPS Cells
― Think about the next decade with a focus on the ethical, legal and social issues

36

Interview: Artificial Intelligence

30
KASHIKAWA Nobunari, Associate Professor, National Astronomical Observatory of Japan

From the Subaru Telescope to TMT

28
ITOH Motoshige, Professor at the Graduate School of Economics of University of Tokyo

Electricity Reform Is the Best Performer for the Growth Strategy

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