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Josai Hosts the 45th Commemorative Symposium “Japan’s Economy: Escaping Financial Crisis”

On February 23, 2011, Josai’s Symposium, commemorating its 45th year, was held at the Kioicho campus. Over 150 people participated in this year’s symposium that chose “Japan’s Economy: Escaping Financial Crisis” as its topic of discussion.

This year’s symposium featured participation from four of the leading thinkers, on both the national and international level, in the field of economics—Tokyo Stock Exchange Group, Inc. CEO Atsushi Saito, Japan Credit Rating Agency, Ltd. President and CEO Makoto Utsumi, Japan Center for International Finance Advisor Tomomitsu Ōba, and Dr. Dong Soon Kim, Professor of Korea’s Chung-Ang University School of Business—who considered various methods for Japan to escape its economic difficulties.

During the first half of the symposium, Mr. Saito used stock market analysis to suggest methods for restoring and reinvigorating the Japanese economy, while Mr. Utsumi regarded Japanese recovery from an international finance perspective, and Mr. Ōba offered analysis from a public and international finance perspective, using the latest information on the Euro crisis as a frame of reference. The first half closed with Mr. Kim’s talk on Korea’s economic recovery and subsequent development.

The second half of the symposium consisted of a panel discussion coordinated by Professor Kazutaka Kirishima from the Department of Contemporary Policy.

This year’s symposium offered many thoughts for Japanese financial recovery from the “lost twenty years.” Doubtless, Japanese economic recovery will continue to be a hot topic of discussion, centered on the question of whether Japan should become more actively involved with the rapidly expanding markets of developing countries, or consider the merits of financial reconstruction.

 

Tokyo Stock Exchange CEO, Atsushi Saito, gives a lecture

Tokyo Stock Exchange CEO, Atsushi Saito, gives a lecture

During discussion

During discussion


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