COVER STORY

14January/February 2017 (ISSUE 211) VOLUME 36 No. 1Interview with Barry Eichengreen, Professor of Economics andPolitical Science at the University of California, Berkeley

Overview of the World Economy inthe Short & Long Term
By Japan SPOTLIGHT

2 Traditional Economic Theory

Interview with Richard Koo, Chief Economist, Nomura Research Institute8Not Working Anymore in
Today’s Volatile Economy

121634By Japan SPOTLIGHT

Interview with Ranil Salgado, Assistant Director, Regional Studies Divisionof the Asia and Pacific Department, International Monetary FundThe Global Economy & the AsianEconomy — Issues & Challengesfrom the Short-Term & Long-Term
Perspectives
By Japan SPOTLIGHT

Interview with Mireya Solís, Philip Knight Chair in Japan Studies and Senior
Fellow of the Center for East Asia Policy Studies, the Brookings Institution

Free Trade Remains a Hope for
Keeping the Global Economy on theRight Track
By Japan SPOTLIGHT& Practice in Free Trade
5 Theory
By Jota Ishikawa
24 6
The OECD — the Global “Do Tank” &20

C O N T E N T S
1Interview with Gabriela Ramos, OECD Chief of staff & Sherpa to the G20

Its Role in the G20 & G7

PUBLISHER’S NOTE

By Japan SPOTLIGHT

Some Reflections on Anti-Globalization Movements

28

By Kazumasa Kusaka

2COVER LEAD

32

COVER STORY

Prospects & Solutions for a Volatile Global Economy

36

40 SPECIAL ARTICLE

From Sharing Information & Experiences to Creating
Mutual Trust — the 3rd CJK Cooperation Dialogue in Tokyo
By Naoyuki Haraoka

Interview with Yohei Yamamoto & Miho Iijima of Japan Style Design Inc.

Young Entrepreneurs in Japan Developing New Business
49 THINK TANK ACTIVITY

Institute for International Monetary Affairs — Experts on
Research of International Finance & Currency Issues
By Kazuyuki Shiba

54 STUDENT VIEW

Japanese Female Researchers Balancing Work &Family
By Ui Teramoto

NEXT ISSUE

Our March/April 2017 issue will highlight a variety of geopoliticalrisks to the global economy with an emphasis on political analysis,
to accompany the economic focus in this current issue.

8 Japanese Economic Policy &Politics

9By Kensuke Karube
Interview with Cham Ugala Uriat, Ambassador of the Federal
Democratic Republic of Ethiopia to Japan

Africa: a Continent with High
Potential to Contribute to Global
GrowthBy Japan SPOTLIGHT

45 SPECIAL INTERVIEW

By Japan SPOTLIGHT

Inclusive & Sustainable Economy
By Zlatko LagumdžijaProspects & Solutions for a Volatile Global Economy
By Naoyuki Haraoka

47 Shared Societies for a Global,

5660

CULTURE

1 The Silk Road — a Cultural Thread Connecting Asia
By Mohan Gopal

2 Visiting National Heritage — Retrospecting History by
Trip to Kyushu
By Naoyuki Haraoka

62 ECONOMIC INDICATORS FOR JAPANJapan’s Revised SNA Changed Recent Records of GDP
Level
By Nobuo Iizuka

Published by Japan Economic Foundation (JEF)
Publisher: Kazumasa Kusaka (Chairman & CEO)
Editor-in-Chief: Naoyuki Haraoka
Editorial Staff: Masako Watanabe, Asuka Niwa

http://www.jef.or.jp/journal/

Copyright ©1982-2017 Japan EconomicFoundation. All rights reserved.
Materials may not be reproduced
without written permission.

The opinions expressed in the articles published in Japan SPOTLIGHT are those of the authors and do not necessarily reflect the views of the Japan Economic Foundation.