CONFERENCE DE LA FONDATIONFRANCE-JAPON DE L’EHESS

Do we have to worry about a possible“Japanese scenario” for Europe?
Round table with
Hiroshi YOSHIKAWA (University of Tokyo)
Marc-Olivier STRAUSS-KAHN (Banque de France)
Satoshi KAWAZOE (Bank of Japan)

Monday, 10 December 19h-21hBanque de France, 31 rue Croix des Petits Champs 75001 Paris
AUDITORIUM
The conference will be in English
Registration is mandatory at ffj@ehess.fr by Thursday, 6 December 2012

MOTIVATIONThe European Central Bank, the European Union and European Member States are heavily
involved in resolving the European economic and financial crisis. Measures have been taken,
to ensure the proper functioning of the transmission mechanism of monetary policy, toenhance governance in the EU, to strengthen fiscal discipline among Member States, and to
implement structural reforms. Yet the crisis is not over. Against this background, questions
remain about the possibility to draw lessons from the experience of Japan during the last twodecades. A panel of leading Japanese and French economists will discuss these two
experiences, their similarities and differences, as well as policy implications.

PRESENTATION OF THE SPEAKERSHiroshi Yoshikawa is professor of Economics at the University of Tokyo. During his career,
he hold different prestigious positions, he was a member of the Council on the Tax and theSocial Security Reform for the Cabinet Office, Chairman of the Council on Fiscal Policy(MoF) as well as a member of the Council on Economic and Fiscal Policy (Cabinet Office).
He published many articles and books, among many « Japan’s Lost Decade, Revised andExpanded Edition », I-House Press, 2008 ; « Reconstructing Macroeconomics: APerspective from Statistical Physics and Combinatorial Stochastic Processes »,Cambridge University Press, 2007 (with Masanao Aoki).
Marc-Olivier Strauss-Kahn is Director General “Economics and International Relations” ofthe Banque de France (BdF), a position he had already held from 2001 to 2008. He chairs
the Scientific Council and Steering Committee of the future “City of Economics andMoney”. He is the Vice-Chair of the BdF Foundation for Research. Previously, in addition
to holding various BdF positions, he worked at the IMF, the OECD, the BIS, the US
Federal Reserve Board and, most recently, the Inter-American Development Bank, as
Executive Director. He has taught economics, published articles, and been a member ofvarious academic fora, including recently the Peterson Institute for International
Economics (PIIE) as "Visiting Senior Fellow”.
Satoshi Kawazoe is Deputy Director-General, Monetary Affairs Department, Bank ofJapan. Currently, he advises the Bank's most senior officers regarding the communicationof the Bank's policy to the international audience, and provides inputs to the Bank's policy
making from an international perspective. His past responsibilities include General
Manager for Europe, Chief Representative in London (until May 2012), and Deputy
Director-Generalships in Financial Markets and International Departments. In these roles,
he represented the Bank in international meetings organized by the BIS, OECD, andvarious central banks and research institutes.

More information on the FFJ website http://ffj.ehess.fr, or contact us at ffj@ehess.fr