FFJ ROUND TABLE"New capitalism", redistribution, andindustrial policies: Shall we expect a major
turn in economic policies underPrime Minister Kishida?
Monday 17 January 2022
9.00 - 10.30 (France) | 17.00 - 18.30 (Japan)
Online via Zoom | In English
Registration: https://forms.gle/ndukkNeBoSCXiEV99
Contact: events_ffj@ehess.fr
During the campaign for the general election for the renewal of the House of Representatives in October
2021, Prime Minister Fumio Kishida has advocated his vision of "new capitalism" that ought to be promoted inJapan. In short, this implies - though the notion still needs clarifying and is currently discussed within several
government bodies - to implement a new regime of growth through redistribution of income and wealth. At thesame time, Prime Minister Kishida has emphasized the notion of economic security and appointed a ministerin charge of this issue, Mr. Takayuki Kobayashi, in order to deal with problems related to supply chains, whichhave conspicuously arisen since the beginning of the COVID crisis. The response to a problem felt globally
may lead to a revival of industrial policies.
As a whole, the preliminary discussion on the new economic policies under Prime Minister Kishida seems
to indicate a possible turn, especially with respect to Abenomics, which has aroused the interest of many
circles across the world. How coherent are these economic policies? What are their goals? What are thechances that they are effectively implemented? By whom are they supported? Are they a proper answer tothe new challenges faced by the Japanese economy in the post-COVID crisis context, when some inflationarypressures seem to be at work on the global scale?
These are some of the questions that will be addressed by leading experts in our roundtable organized by theFondation France-Japon de l’EHESS (FFJ).

Introduction and chair
Sébastien LECHEVALIER (Professor at EHESS / Presidentof the Fondation France-Japon de l'EHESS)
Sébastien Lechevalier is Founding President of FFJ and Professor at the EHESS.
Being an expert on the Japanese economy, he was previously a visiting researcher at
the Maison Franco-Japonaise in Tokyo, Hitotsubashi University and the University ofTokyo. He currently serves as Director of the French Network for Asian Studies (GISAsie).

Speakers(alphabetical order)
Alicia GARCIA HERRERO (Chief Economist for Asia
Pacific, Natixis)
Alicia García Herrero is the Chief Economist for Asia Pacific at Natixis. She alsoserves as Senior Fellow at the Brussels-based European think-tank BRUEGEL and a
non-resident Senior Follow at the East Asian Institute (EAI) of the National University
Singapore (NUS). Alicia is also Adjunct Professor at the Hong Kong University of
Science and Technology. Finally, Alicia is a Member of the Council of Advisors on
Economic Affairs to the Spanish Government and an advisor to the Hong Kong
Monetary Authority’s research arm (HKIMR) among other advisory and teachingpositions.
In previous years, Alicia held the following positions: Chief Economist for Emerging Markets at Banco Bilbao
Vizcaya Argentaria (BBVA), Member of the Asian Research Program at the Bank of International Settlements(BIS), Head of the International Economy Division of the Bank of Spain, Member of the Counsel to the Executive
Board of the European Central Bank, Head of Emerging Economies at the Research Department at Banco
Santander, and Economist at the International Monetary Fund. As regards her academic career, Alicia hasserved as visiting Professor at John Hopkins University (SAIS program), China Europe International Business
School (CEIBS) and Carlos III University.
Alicia holds a PhD in Economics from George Washington University and has published extensively in refereed
journals and books (see her publications in ResearchGate, Google Scholar, SSRN or REPEC). Alicia is also
very active in international media (BBC, Bloomberg, CNBC and CNN) as well as social media (LinkedIn andTwitter). As a recognition, Alicia was included in the TOP Voices in Economy and Finance by LinkedIn in 2017
and #6 Top Social Media leader by Refinitiv in 2020.

Takeo HOSHI (The University of Tokyo, Faculty ofEconomics, Professor)

Award in 2005.

Takeo Hoshi has been a professor at the University of Tokyo since 2019. Before that,
he was a professor at Stanford University, and senior researcher (Henri and TomoyeTakahashi senior fellow) at the Walter H. Shorenstein Center for Asia-Pacific Researchat Stanford University. His major research interests include the financial aspects of theJapanese economy, corporate finance, and monetary and banking policies. He hasreceived various awards such as the Reischauer International Education Award of theJapan Society of San Diego and Tijuana in 2011, the Enjoji Jiro Memorial Prize of theNihon Keizai Shimbun-sha in 2006, and the Japan Economic Association-Nakahara

Shiro OKITA (Financial Counsellor, Embassy of Japan inFrance)
Shiro Okita is Financial Counsellor at the Japanese Embassy in France. He has beenlong working at the Japan’s Ministry of Finance especially in the field of social security
budget. Just before his arrival to France, he was Secretary to the Deputy Prime
Minister and the Minister of Finance in Japan. He holds a Bachelor degree in Law
from Tokyo University and a Master degree in Public Affairs from Princeton University.