Koichi Hamada
The writer is Special Economic Adviser to Japanese Prime Minister Shinzo Abe, Professor Emeritus of Economics at Yale University and at the University of Tokyo.
The writer is Special Economic Adviser to Japanese Prime Minister Shinzo Abe, Professor Emeritus of Economics at Yale University and at the University of Tokyo.
After months of negotiations, the United States Senate recently passed a USD 1 trillion infrastructure bill. Passed by a vote of 69 to 30, it was an impressive display of bipartisanism at a time of deep polarisation.
Covid-19 and its collateral damage continue to leave a trail of devastation around the world. Millions of businesses have closed, with many having no realistic prospect of reopening.
In the last few years, for many people and their leaders, globalisation has become a scourge to be purged in favour of greater protectionism and unilateralism.
From the Brexit vote to Donald Trump's election as US president to rising support for populist parties in countries like Germany and Italy, much of the electoral upheaval in Western democracies in recent years has been attributed at least partly to a backlash against globalisation. But globalisation does not deserve voters' ire.
The Fourth Industrial Revolution stands out from its predecessors in a critical way: rather than making it easier for humans to use their surroundings more effectively for their own benefit, technology is displacing humans in the workplace. The question is who will benefit now.
The United States, Europe, and Japan are all making positive economic strides. In the US, the unemployment rate is falling, and now stands at just over four percent.
Interviews are always tricky. If an unscrupulous interviewer is looking for a particular answer or claim, they have the power to edit, manipulate, or even rewrite their subject's words to that end.
When Donald Trump, in one of his first acts as president, announced that the United States would not participate in the Trans-Pacific Partnership (TPP), many assumed that the mega-regional trade deal was dead. But such assumptions may have been premature.
After months of negotiations, the United States Senate recently passed a USD 1 trillion infrastructure bill. Passed by a vote of 69 to 30, it was an impressive display of bipartisanism at a time of deep polarisation.
Covid-19 and its collateral damage continue to leave a trail of devastation around the world. Millions of businesses have closed, with many having no realistic prospect of reopening.
In the last few years, for many people and their leaders, globalisation has become a scourge to be purged in favour of greater protectionism and unilateralism.
From the Brexit vote to Donald Trump's election as US president to rising support for populist parties in countries like Germany and Italy, much of the electoral upheaval in Western democracies in recent years has been attributed at least partly to a backlash against globalisation. But globalisation does not deserve voters' ire.
The Fourth Industrial Revolution stands out from its predecessors in a critical way: rather than making it easier for humans to use their surroundings more effectively for their own benefit, technology is displacing humans in the workplace. The question is who will benefit now.
The United States, Europe, and Japan are all making positive economic strides. In the US, the unemployment rate is falling, and now stands at just over four percent.
Interviews are always tricky. If an unscrupulous interviewer is looking for a particular answer or claim, they have the power to edit, manipulate, or even rewrite their subject's words to that end.
When Donald Trump, in one of his first acts as president, announced that the United States would not participate in the Trans-Pacific Partnership (TPP), many assumed that the mega-regional trade deal was dead. But such assumptions may have been premature.
World leaders seem to be at a loss about how to approach relations with US President Donald Trump, given his worrying positions and often-bizarre behaviour toward politicians and the media, allies and enemies alike.
In the fourth century, Japan's emperor looked out from a small mountain near his palace and noticed that something was missing: