RIETI World KLEMS Symposium

Growth Strategy after the World Financial Crisis (Handouts)

Information

  • Time and Date: 13:30-17:30, Tuesday, May 20, 2014 (Registration desk opens at 13:00)
  • Venue: JP Tower Hall & Conference (Address: 4th Fl, JP Tower KITTE, 2-7-2 Marunouchi, Chiyoda-ku, Tokyo, Japan) http://jptower-kitte.jp/en/
  • Video (YouTube)

    Handouts

    Opening Remarks

    NAKAJIMA Atsushi's photo

    NAKAJIMA Atsushi (Chairman, RIETI)

    Bio

    Prior to his current position, Atsushi Nakajima served as Senior Managing Executive Officer & Chief Economist, Mizuho Research Institute, Ltd. (2004-2011); Executive Officer, Chief Economist & General Manager of Research Division, Mizuho Corporate Bank, Ltd. & Executive Officer, Chief Economist of Mizuho Research Institute, Ltd. (2003-2004); Chief Economist of Mizuho Research Institute, Ltd. & Chief Economist & General Manager of Research Division, Mizuho Corporate Bank, Ltd. (2002-2003); Chief Economist & General Manager, Research Department, Head Office, the Industrial Bank of Japan Ltd. (IBJ); President, Banque IBJ (France) S.A.; Senior Deputy General Manager, Industrial Research Department, Head Office, IBJ; Senior Manager, International Finance Department, Head Office, IBJ.
    Mr. Nakajima graduated from the University of Tokyo with a B.A. in the Faculty of Law.
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    Keynote Speech 1 "The World KLEMS Initiative"

    Dale W. JORGENSON's photo

    Dale W. JORGENSON (Samuel W. Morris University Professor, Harvard University)

    Bio

    Dale W. Jorgenson is the Samuel W. Morris University Professor at Harvard University. He has been honored with eight honorary doctorates and membership in the American Philosophical Society (1998), the Royal Swedish Academy of Sciences (1989), the U.S. National Academy of Sciences (1978), and the American Academy of Arts and Sciences (1969). He served as President of the American Economic Association in 2000.
    Professor Jorgenson was a Founding Member of the Board on Science, Technology, and Economic Policy of the National Research Council in 1991 and served as Chairman of the Board from 1998 to 2006. He also served as President of the Econometric Society in 1987. Professor Jorgenson received the prestigious John Bates Clark Medal of the American Economic Association in 1971. This Medal is awarded every two years to economists under the age of 40 for excellence in economic research.
    Professor Jorgenson has conducted groundbreaking research on information technology and economic growth, energy and the environment, tax policy and investment behavior, and applied econometrics. He has written 246 articles on economics and is the author and editor of 32 books. He received a Ph.D. in Economics from Harvard University in 1959. After teaching at the University of California, Berkeley, he joined the Harvard faculty in 1969.

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    Keynote Speech 2 "Evolving Spatial Economy of Asia-Pacific and Growth Strategy"

    FUJITA Masahisa's photo

    FUJITA Masahisa (President and CRO, RIETI / Professor, Konan University / Adjunct Professor, Institute of Economic Research, Kyoto University)

    Bio

    Masahisa Fujita previously served as Professor in the Department of Economics / Regional Science at the University of Pennsylvania; Professor at the Institute of Economic Research, Kyoto University; and President of the Institute of Developing Economies - JETRO (2003-2007). He also served as the President of the Japanese Economic Association (2009-2010). He is a member of the Japan Academy (2010-). He holds a Ph.D. in Regional Science from the University of Pennsylvania. His research and teaching interests are urban economics, regional economics, international trade, and spatial economics.
    Major works: Urban Economic Theory , Cambridge University Press, 1989; The Spatial Economy: Cities, Regions, and International Trade , MIT Press, 1999 (with P. Krugman and A.J. Venables); Economics of Agglomeration: Cities, Industrial Location, and Regional Growth , Cambridge University Press, 2002 (with J. Thisse), 2013 (2nd edition); Regional Integration in East Asia: From the Viewpoint of Spatial Economics (editor), Macmillan, 2007
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    Panel Discussion

    Panelists (in alphabetical order):

    FUKAO Kyoji's photo

    FUKAO Kyoji (Program Director and Faculty Fellow, RIETI / Director, Institute of Economic Research, Hitotsubashi University)

    Bio

    Kyoji Fukao is Professor at the Institute of Economic Research, Hitotsubashi University, and carries out research at RIETI as a Program Director and Faculty Fellow. Other positions include: Vice-chairperson of the Working Party on Industry Analysis (WPIA), OECD; Member of the Executive Committee of the Asian Historical Economics Society (AHES); External Research Associate at the Centre on Competitive Advantage in the Global Economy (CAGE), Warwick University; Member of the Executive Committee, Comparative Analysis of Enterprise Data (CAED); and Member of the Advisory Board of the Maddison Project, University of Groningen. He has held teaching and research positions at numerous institutions, including Bocconi University (Italy), the Institute for Monetary and Economic Studies of the Bank of Japan, Boston University, and Yale University. Professor Fukao obtained his M.A. in Economics from the University of Tokyo.
    Major publications: Japan's Economy and the Two Lost Decades , Nikkei Publishing Inc., 2012 (in Japanese); Productivity and Japan's Economic Growth: Industry-Level and Firm-Level Studies Based on the JIP Database (with Tsutomu Miyagawa), University of Tokyo Press, 2008 (in Japanese); Foreign Direct Investment in Japan: Multinationals' Role in Growth and Globalization (with Ralph Paprzycki), Cambridge University Press, 2008.
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    KIYOTAKI Nobuhiro's photo

    KIYOTAKI Nobuhiro (Professor of Economics, Princeton University)

    Bio

    Nobuhiro Kiyotaki is Professor of Economics at Princeton University. He also serves as an academic consultant for the Federal Reserve Bank of New York. He was Professor at the Department of Economics, London School of Economics and Political Science from 1997-2006, and has also taught at the Massachusetts Institute of Technology (MIT), University of Minnesota, and University of Wisconsin-Madison.
    Professor Kiyotaki has published widely in macroeconomics and monetary economics, including "Monopolistic Competition and the Effects of Aggregate Demand" with Olivier Blanchard in 1987, "On Money as a Medium of Exchange" with Randall Wright in 1989, and "Credit Cycles" with John Moore in 1997.
    Among his professional honors, Professor Kiyotaki received the 2010 Stephen A. Ross Prize in Financial Economics and the 1999 European Economic Association (EEA) Yrjö Jahnsson Award together with John Moore. He is a Fellow of Econometric Society and a Fellow of British Academy. He received his Ph.D. in Economics from Harvard University in 1985.

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    Lawrence J. LAU's photo

    Lawrence J. LAU (Ralph and Claire Landau Professor of Economics, The Chinese University of Hong Kong)

    Bio

    Lawrence J. Lau is the Ralph and Claire Landau Professor of Economics at The Chinese University of Hong Kong, and Chairman, CIC International (Hong Kong) Co., Limited. He received his Ph.D. degree in Economics from the University of California at Berkeley in 1969. He joined the faculty of the Department of Economics at Stanford University in 1966, becoming Professor of Economics in 1976 and the first Kwoh-Ting Li Professor in Economic Development at Stanford University in 1992. From 1992 to 1996, he served as Co-Director of the Asia-Pacific Research Center at Stanford University, and from 1997 to 1999, as Director of the Stanford Institute for Economic Policy Research. In 2010, he was appointed Chairman of CIC International (Hong Kong) Co., Limited and serves concurrently as Ralph and Claire Landau Professor of Economics at The Chinese University of Hong Kong. Professor Lau specializes in economic development, economic growth, and the economies of East Asia, including that of China. In 1966, he developed the first econometric model of China. He has authored, co-authored, or edited six books and published more than 180 articles and notes in international professional journals.

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    Marcel TIMMER's photo

    Marcel TIMMER (Professor of Economic Growth and Development, University of Groningen)

    Bio

    Marcel Timmer is Professor of Economic Growth and Development at the University of Groningen and Director of the Groningen Growth and Development Centre (GGDC). He participates in various international programs funded by the National Science Foundation (NSF), the Economic and Social Research Council (ESRC), and the European Commission in the areas of international comparisons of productivity, technological and structural change, and economic growth. He co-lead the recent World Input-Output Database (WIOD) project. The WIOD has developed new databases, accounting frameworks, and models to increase our understanding of the socio-economic and environmental consequences of increasing global integration. He has been a consultant and advisor for various organizations including the Asian Development Bank, the World Bank, and the Ministry of Economy, Trade and Industry. He was Associate Managing Editor of the Review of Income and Wealth and has extensively published in national and international journals and books.

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    Bart van ARK's photo

    Bart van ARK (Executive Vice President and Chief Economist, The Conference Board)

    Bio

    Bart van Ark is Executive Vice President, Chief Economist & Chief Strategy Officer of The Conference Board. He leads a team of almost two dozen economists in New York, Brussels, and Beijing who produce a range of widely watched economic indicators and growth forecasts and in-depth global economic research. A Dutch national, he is the first non-American chief economist in the history of The Conference Board.
    Dr. van Ark is also responsible for strategy development and major new initiatives at The Conference Board. He continues to steward the longstanding research collaboration of The Conference Board with the University of Groningen in the Netherlands, where he has been a professor since 2000 and holds the university's chair in Economic Development, Technological Change and Growth.
    Dr. van Ark has extensively published in national and international academic journals, and he is frequently featured in major international business media, including Bloomberg, CNBC, Financial Times, and Wall Street Journal.

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    Moderator:

    MIYAGAWA Tsutomu's photo

    MIYAGAWA Tsutomu (Faculty Fellow, RIETI / Professor, Faculty of Economics, Gakushuin University)

    Bio

    While serving as Professor in the Faculty of Economics at Gakushuin University since 1999, Tsutomu Miyagawa also was Visiting Professor (2001-2003) and Visiting Lecturer (2000) at the Institute of Economic Research, Hitotsubashi University. He was Vice President of Gakushuin University from 2009-2011. He also served as Director of the Nagoya branch of the Development Bank of Japan (formerly Japan Development Bank [JDB]) (1997-1999); Associate Professor of the Institute of Economic Research, Hitotsubashi University (1995-1997); Senior Economist at the JDB (1989-1997); Fellow at Yale University (1988-1989); Fellow at Harvard University (1987-1988); and Economist at the Economic Planning Agency (1982-1984) after joining the JDB in 1978. He obtained his B.A. in Economics from the University of Tokyo in 1978 and Ph.D. in Economics from Hitotsubashi University in 2006. His expertise is in macroeconomics, Japanese economics, and Asian economic trends.
    Major works: "Market Competition, Differences in Technology, and Productivity Improvement: An Empirical Analysis Based on Japanese Manufacturing Firm Data" (with Tomohiko Inui and Atsushi Kawakami) Japan and the World Economy 24, 2012; "Productivity and Japan's Economic Growth: Industry-Level and Firm-Level Studies Based on the JIP Database" (with Tsutomu Miyagawa), University of Tokyo Press , 2008 (in Japanese)
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