Research Theme
Through “Japan’s lost decades,” we study the challenges that Japan and other countries in Asia face, and the conditions for sustainable growth in the global economy.
Research Director
KIKUCHI, Tomoo
Faculty of International Research and Education, Graduate School of Asia Pacific Studies
Project Members
- KATAYAMA, Munechika Associate Professor, Faculty of Political Science and Economics, School of Political Science and Economics
- KATO, Atsushi Professor, Faculty of International Research and Education, Graduate School of Asia Pacific Studies
- KIKUCHI, Tomoo Professor, Faculty of International Research and Education, Graduate School of Asia Pacific Studies
- NABESHIMA, Kaoru Professor, Faculty of International Research and Education, Graduate School of Asia Pacific Studies
- SHU, Min Professor, Faculty of International Research and Education, School of International Liberal Studies
- WEN, Yuan Chun Professor, Faculty of Law, School of Law
- CLARK, Duncan Lewis John
- MASUTOMO, Takehiro
- WANG, Zheng
Research Keywords
Japanese Economy, Asian Economy, Global Economy, Lost Decades
Research Summary
After “Japan’s Lost decades” there seem to be some bright signs such as the end of the zero-interest rate, the end of the deflationary economy, and the real wage growth. On the other hand, still halfway is the implementation of structural reforms to deal with aging and declining population, labor market mobility and social security sustainability. Meanwhile, as we witness the “Japanification” of the Chinese economy, many other countries in Asia started to share the problems that Japan had for decades revealing the limitations of the export-driven growth model based on high-saving and high-investment.
Given the above context, the institute aims to be a platform to host researchers outside Waseda University and abroad to study the lessons countries in Asia can draw from Japanese experience, and the ways how Japan and other countries can attain sustainable growth in the global economy that faces major uncertainties such as global warming, AI revolution and regional wars and conflicts. Through international conferences, seminars, workshops, and joint projects the institute promotes research related to Japan and Asia in the global economy. We also plan to use the institute as a platform to disseminate our research findings through public lectures, seminars and workshops for students, business owners and companies in collaboration with other universities and research institutes.
