The Research Institute of Economy, Trade and Industry (RIETI) is a policy think tank established in 2001. Its mission is to conduct theoretical and empirical research, maximize synergies with those engaged in policymaking, and to make policy proposals based on evidence derived from such research activities. The institute is highly regarded both in Japan and abroad for its activity. What is RIETI? Facebook Twitter YouTube RIETI - Research Institute of Economy, Trade and Industry

What is RIETI?

The Research Institute of Economy, Trade and Industry (RIETI) is a policy think tank established in 2001. Its mission is to conduct theoretical and empirical research, maximize synergies with those engaged in policymaking, and to make policy proposals based on evidence derived from such research activities. The institute is highly regarded both in Japan and abroad for its activity.

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Special Feature on Economic Security List of Memorandum of Understanding (MoUs) rietichannel: Video in English

Featured

Japan’s Outdated Policies Must be Abandoned to Thrive

March 21, 2025 [Newspapers & Magazines]

KITAO Sagiri (Senior Fellow (Specially Appointed), RIETI)

Authors' photo

Happiness, reference dependence, and motivated beliefs in US presidential elections

March 21, 2025 [VoxEU Column]

Miles KIMBALL (Professor of Economics and Survey Research at University of Michigan, Ann Arbor) / Collin RAYMOND (Associate Professor, Cornell SC Johnson College of Business at Cornell University) / ZHOU Jiannan (Assistant professor at Shandong University) / ZHOU Junya (Assistant professor at the Naveen Jindal School of Management at the University) / OHTAKE Fumio (Faculty Fellow, RIETI) / TSUTSUI Yoshiro (Professor of Economics at Kobe International University)

MOTOHASHI Kazuyuki's Photo

U.S.-China High Tech Friction and Japan’s Response: Implications from comparison of innovation processes in Japan, the United States, and China

March 21, 2025 [Policy Update]

MOTOHASHI Kazuyuki (Faculty fellow, RIETI)

Authors' photo

New developments in total factor productivity measurement reflecting innovative activities: Evidence from the productivity J-curve in advanced countries

March 12, 2025 [VoxEU Column]

Ahmed BOUNFOUR (Professor of Management at Paris-Saclay University) / EDAMURA Kazuma (Research Fellow at National Institute of Science and Technology Policy) / ISHIKAWA Takayuki (Associate Professor, Faculty of Economics at Rissho University) / MIYAGAWA Tsutomu (Faculty Fellow, RIETI) / Alberto NONNIS (Postdoctoral researcher at Université Paris-Saclay (France) - RITM laboratory) / TONOGI Konomi (Assistant Professor in the Department of Economics/Department of Contemporary Business at Kanagawa University)

Authors' photo

The case for management managing ownership

March 11, 2025 [VoxEU Column]

Julian FRANKS (Professor of Finance at London Business School) / Colin MAYER (Emeritus Professor of Management Studies, Saïd Business School and Blavatnik School of Government, University of Oxford and Professorial Fellow of Wadham College, Oxford at University Of Oxford) / MIYAJIMA Hideaki (Faculty Fellow, RIETI) / OGAWA Ryo (Lecturer in Corporate Finance and Governance at Chiba University of Commerce)

Author's Photo

The bazooka diplomacy of Trump’s tariffs

March 3, 2025 [Perspectives from Around the World]

Michael GASIOREK (Professor of Economics and Director of the Centre for Inclusive Trade Policy at University of Sussex) / Nicolo TAMBERI (Post-Doctoral Research Fellow at the Centre for Inclusive Trade Policy at University of Sussex)

Authors' photo

Financial intermediation and zombie firms: Theory and evidence

March 3, 2025 [VoxEU Column]

HAMANO Masashige (Professor, School of Political Science at Waseda University) / Philip SCHNATTINGER (Researcher at Bank of England) / SHINTANI Mototsugu (Professor, Faculty of Economics, University of Tokyo) / UESUGI Iichiro (Faculty Fellow, RIETI) / Francesco ZANETTI (Professor at the University of Oxford, and David Richards Fellow at Wadham College at University Of Oxford)

Authors' photo

Making Australia a partner in the ‘Global ASEAN’ vision

March 3, 2025 [Newspapers & Magazines]

ARMSTRONG, Shiro (Non-Resident Fellow, RIETI) / Peter DRYSDALE (Australian National University)

Perspective on Raising Minimum Wage: Costs should be widely shared

February 26, 2025 [Newspapers & Magazines]

KODAMA Naomi (Research Associate, RIETI)

Willem THORBECKE's Photo

Strong reactions to a weak yen shake Japan’s economy

February 26, 2025 [Newspapers & Magazines]

Willem THORBECKE (Senior Fellow, RIETI)

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Economic Security

Our society, as an international community, is at a historical turning point, as the modern era of globalization that began with the end of the Cold War comes to a close. Economic security has become an important theme as geopolitical risks increase. The security environment surrounding Japan is also becoming particularly severe. In this international context, The Research Institute of Economy, Trade and Industry (RIETI) is expected to have a deep understanding of the impacts of these geopolitical risks and economic security considerations on the economy and industry through various types of economic analysis, including data-based empirical analysis, and to make recommendations for economic, trade, and industrial policies from its academic insights. For this reason, we have compiled and “visualized” the research conducted at RIETI which is relevant to these topics as a special feature.

RIETI-ANU Symposium series

RIETI and Australian National University (ANU) have been jointly holding symposiums. Experts from the Asia-Pacific region gather to discuss various issues that are piling up in the increasingly uncertain global economy.

Global Intelligence Series

We invite leading experts from Japan, the United States, Europe, and other Asian countries to give lectures about various global issues including economic security and regional affairs such as the U.S.-China conflict, the situation in the Middle East, the prospects of the Chinese economy, climate change, environmental and energy issues, the post-corona global trade system, supply chain risks, SDGs, etc. Many policy proposals are derived from information collected and discussed in these lectures.

Memorandum of Understanding (MoUs)

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Events

March 21, 2025 [Workshops]

Global Value Chain Vulnerability

Articles

March 21, 2025 [Newspapers & Magazines]

Japan’s Outdated Policies Must be Abandoned to Thrive

KITAO Sagiri (Senior Fellow (Specially Appointed), RIETI)

Articles

March 21, 2025 [VoxEU Column]

Happiness, reference dependence, and motivated beliefs in US presidential elections

Miles KIMBALL (Professor of Economics and Survey Research at University of Michigan, Ann Arbor) / Collin RAYMOND (Associate Professor, Cornell SC Johnson College of Business at Cornell University) / ZHOU Jiannan (Assistant professor at Shandong University) / ZHOU Junya (Assistant professor at the Naveen Jindal School of Management at the University) / OHTAKE Fumio (Faculty Fellow, RIETI) / TSUTSUI Yoshiro (Professor of Economics at Kobe International University)

Articles

March 21, 2025 [Policy Update]

U.S.-China High Tech Friction and Japan’s Response: Implications from comparison of innovation processes in Japan, the United States, and China

MOTOHASHI Kazuyuki (Faculty fellow, RIETI)

Papers

March 18, 2025 [Discussion Papers (English)]

Geopolitical Risk and Corporate Behaviors: Propagation of shocks through global operations

Huu Nhan DUONG (Monash University) / ISHIKAWA Jota (Faculty Fellow, RIETI) / NISHIDE Katsumasa (Waseda University) / S. Ghon RHEE (University of Hawaiʻi) / SASAHARA Akira (Keio University)

Papers

March 18, 2025 [Discussion Papers (English)]

Unpacking China’s Wolf Warrior Diplomacy: Patterns, drivers, and implications

LIM Jaehwan (Aoyama Gakuin University) / ITO Asei (University of Tokyo) / ZHANG Hongyong (Senior Fellow, RIETI)

Papers

March 18, 2025 [Discussion Papers (English)]

Capital Investment, Technology Switching and Production after a Natural Disaster

FUKAI Taiyo (Gakushuin University) / OIKAWA Masato (Waseda University) / TORIYABE Takahiro (Hitotsubashi University)

Papers

March 17, 2025 [Discussion Papers (English)]

Cross-border Partial Equity Ownership

ARA Tomohiro (Fukushima University) / Arghya GHOSH (University of New South Wales) / MORITA Hodaka (Hitotsubashi University) / MUKUNOKI Hiroshi (Gakushuin University)

Papers

March 17, 2025 [Discussion Papers (English)]

Non-standard Employment in Japan from the 1980s: Exploration by age, gender, education, and marital status

Julen ESTEBAN-PRETEL (CUNY Queens College) / FUJIMOTO Junichi (National Graduate Institute for Policy Studies (GRIPS))

Papers

March 14, 2025 [Discussion Papers (English)]

Hotter Days, Wider Gap: The distributional impact of heat on student achievement

AKESAKA Mika (Kobe University) / SHIGEOKA Hitoshi (University of Tokyo)

Articles

March 14, 2025 [RIETI Report]

New developments in total factor productivity measurement reflecting innovative activities: Evidence from the productivity J-curve in advanced countries

Ahmed BOUNFOUR (Professor of Management at Paris-Saclay University) / EDAMURA Kazuma (Research Fellow at National Institute of Science and Technology Policy) / ISHIKAWA Takayuki (Associate Professor, Faculty of Economics at Rissho University) / MIYAGAWA Tsutomu (Faculty Fellow, RIETI) / Alberto NONNIS (Postdoctoral researcher at Université Paris-Saclay (France) - RITM laboratory) / TONOGI Konomi (Assistant Professor in the Department of Economics/Department of Contemporary Business at Kanagawa University)

Papers

March 12, 2025 [Discussion Papers (English)]

CEO Age and Technology Adoption: Network effects in e-commerce propagation in Japan

KAWAGUCHI Daiji (Faculty Fellow, RIETI) / KITAO Sagiri (Senior Fellow (Specially Appointed), RIETI) / NOSE Manabu (The International Monetary Fund)

Articles

March 12, 2025 [VoxEU Column]

New developments in total factor productivity measurement reflecting innovative activities: Evidence from the productivity J-curve in advanced countries

Ahmed BOUNFOUR (Professor of Management at Paris-Saclay University) / EDAMURA Kazuma (Research Fellow at National Institute of Science and Technology Policy) / ISHIKAWA Takayuki (Associate Professor, Faculty of Economics at Rissho University) / MIYAGAWA Tsutomu (Faculty Fellow, RIETI) / Alberto NONNIS (Postdoctoral researcher at Université Paris-Saclay (France) - RITM laboratory) / TONOGI Konomi (Assistant Professor in the Department of Economics/Department of Contemporary Business at Kanagawa University)

Articles

March 11, 2025 [VoxEU Column]

The case for management managing ownership

Julian FRANKS (Professor of Finance at London Business School) / Colin MAYER (Emeritus Professor of Management Studies, Saïd Business School and Blavatnik School of Government, University of Oxford and Professorial Fellow of Wadham College, Oxford at University Of Oxford) / MIYAJIMA Hideaki (Faculty Fellow, RIETI) / OGAWA Ryo (Lecturer in Corporate Finance and Governance at Chiba University of Commerce)

Events

March 7, 2025 [Symposiums]

Are Pro-productivity Policies Fit for Purpose?

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Papers

March 18, 2025 [Discussion Papers (English)]

Geopolitical Risk and Corporate Behaviors: Propagation of shocks through global operations

Huu Nhan DUONG (Monash University) / ISHIKAWA Jota (Faculty Fellow, RIETI) / NISHIDE Katsumasa (Waseda University) / S. Ghon RHEE (University of Hawaiʻi) / SASAHARA Akira (Keio University)

Papers

March 18, 2025 [Discussion Papers (English)]

Unpacking China’s Wolf Warrior Diplomacy: Patterns, drivers, and implications

LIM Jaehwan (Aoyama Gakuin University) / ITO Asei (University of Tokyo) / ZHANG Hongyong (Senior Fellow, RIETI)

Papers

March 18, 2025 [Discussion Papers (English)]

Capital Investment, Technology Switching and Production after a Natural Disaster

FUKAI Taiyo (Gakushuin University) / OIKAWA Masato (Waseda University) / TORIYABE Takahiro (Hitotsubashi University)

Papers

March 17, 2025 [Discussion Papers (English)]

Cross-border Partial Equity Ownership

ARA Tomohiro (Fukushima University) / Arghya GHOSH (University of New South Wales) / MORITA Hodaka (Hitotsubashi University) / MUKUNOKI Hiroshi (Gakushuin University)

Papers

March 17, 2025 [Discussion Papers (English)]

Non-standard Employment in Japan from the 1980s: Exploration by age, gender, education, and marital status

Julen ESTEBAN-PRETEL (CUNY Queens College) / FUJIMOTO Junichi (National Graduate Institute for Policy Studies (GRIPS))

Papers

March 14, 2025 [Discussion Papers (English)]

Hotter Days, Wider Gap: The distributional impact of heat on student achievement

AKESAKA Mika (Kobe University) / SHIGEOKA Hitoshi (University of Tokyo)

Papers

March 12, 2025 [Discussion Papers (English)]

CEO Age and Technology Adoption: Network effects in e-commerce propagation in Japan

KAWAGUCHI Daiji (Faculty Fellow, RIETI) / KITAO Sagiri (Senior Fellow (Specially Appointed), RIETI) / NOSE Manabu (The International Monetary Fund)

Papers

March 7, 2025 [Discussion Papers (English)]

Do Immigrants Always Experience Lower Homeownership Probabilities than Natives? Evidence from Japan

LIU Yang (Fellow, RIETI)

Papers

March 6, 2025 [Discussion Papers (English)]

Bridging the Gender Well-being Gap: The influence of societal and inherent factors

MI Jie (ADB Institute) / LI Chao (Kyushu University) / KEELEY Alexander Ryota (Kyushu University) / ZHANG Jiaxu (Kyushu University) / SHI Bo (Kyushu University) / MANAGI Shunsuke (Faculty Fellow, RIETI)

Papers

February 28, 2025 [Discussion Papers (English)]

Import Competition, Product Switching, and R&D Activities

MATSUURA Toshiyuki (Faculty Fellow, RIETI) / SAITO Hisamitsu (Hokkaido University)

Papers

February 25, 2025 [Discussion Papers (English)]

Reevaluating Midlife Well-being: The role of external and inherent factors

LI Chao (Kyushu University) / MI Jie (ADB Institute) / ZHANG Jiaxu (Kyushu University) / KEELEY Alexander Ryota (Kyushu University) / SHI Bo (Kyushu University) / MANAGI Shunsuke (Faculty Fellow, RIETI)

Papers

February 25, 2025 [Discussion Papers (English)]

Do Post-disaster Reconstruction Investments Contribute to Improved Community Well-being?

TANAKA Kenta (Musashi University) / MANAGI Shunsuke (Faculty Fellow, RIETI)

Papers

February 25, 2025 [Discussion Papers (English)]

Quantifying Social Construction: Evidence from blood type discrimination in Japan

Hideto KOIZUMI (Fellow (Policy Economist), RIETI)

Papers

February 20, 2025 [Discussion Papers (English)]

Effect of Rising Welfare Benefits on the Employment Income: Evidence from single mothers in Japan

MATSUMOTO Kodai (Fellow (Policy Economist), RIETI)

Papers

February 19, 2025 [Policy Discussion Papers (English)]

Sustainability of Cities under Population Decline

MORI Tomoya (Faculty Fellow, RIETI) / OGAWA Miki (Kyoto University)

More

Articles

March 21, 2025 [Newspapers & Magazines]

Japan’s Outdated Policies Must be Abandoned to Thrive

KITAO Sagiri (Senior Fellow (Specially Appointed), RIETI)

Articles

March 21, 2025 [VoxEU Column]

Happiness, reference dependence, and motivated beliefs in US presidential elections

Miles KIMBALL (Professor of Economics and Survey Research at University of Michigan, Ann Arbor) / Collin RAYMOND (Associate Professor, Cornell SC Johnson College of Business at Cornell University) / ZHOU Jiannan (Assistant professor at Shandong University) / ZHOU Junya (Assistant professor at the Naveen Jindal School of Management at the University) / OHTAKE Fumio (Faculty Fellow, RIETI) / TSUTSUI Yoshiro (Professor of Economics at Kobe International University)

Articles

March 21, 2025 [Policy Update]

U.S.-China High Tech Friction and Japan’s Response: Implications from comparison of innovation processes in Japan, the United States, and China

MOTOHASHI Kazuyuki (Faculty fellow, RIETI)

Articles

March 14, 2025 [RIETI Report]

New developments in total factor productivity measurement reflecting innovative activities: Evidence from the productivity J-curve in advanced countries

Ahmed BOUNFOUR (Professor of Management at Paris-Saclay University) / EDAMURA Kazuma (Research Fellow at National Institute of Science and Technology Policy) / ISHIKAWA Takayuki (Associate Professor, Faculty of Economics at Rissho University) / MIYAGAWA Tsutomu (Faculty Fellow, RIETI) / Alberto NONNIS (Postdoctoral researcher at Université Paris-Saclay (France) - RITM laboratory) / TONOGI Konomi (Assistant Professor in the Department of Economics/Department of Contemporary Business at Kanagawa University)

Articles

March 12, 2025 [VoxEU Column]

New developments in total factor productivity measurement reflecting innovative activities: Evidence from the productivity J-curve in advanced countries

Ahmed BOUNFOUR (Professor of Management at Paris-Saclay University) / EDAMURA Kazuma (Research Fellow at National Institute of Science and Technology Policy) / ISHIKAWA Takayuki (Associate Professor, Faculty of Economics at Rissho University) / MIYAGAWA Tsutomu (Faculty Fellow, RIETI) / Alberto NONNIS (Postdoctoral researcher at Université Paris-Saclay (France) - RITM laboratory) / TONOGI Konomi (Assistant Professor in the Department of Economics/Department of Contemporary Business at Kanagawa University)

Articles

March 11, 2025 [VoxEU Column]

The case for management managing ownership

Julian FRANKS (Professor of Finance at London Business School) / Colin MAYER (Emeritus Professor of Management Studies, Saïd Business School and Blavatnik School of Government, University of Oxford and Professorial Fellow of Wadham College, Oxford at University Of Oxford) / MIYAJIMA Hideaki (Faculty Fellow, RIETI) / OGAWA Ryo (Lecturer in Corporate Finance and Governance at Chiba University of Commerce)

Articles

March 3, 2025 [Perspectives from Around the World]

The bazooka diplomacy of Trump’s tariffs

Michael GASIOREK (Professor of Economics and Director of the Centre for Inclusive Trade Policy at University of Sussex) / Nicolo TAMBERI (Post-Doctoral Research Fellow at the Centre for Inclusive Trade Policy at University of Sussex)

Articles

March 3, 2025 [VoxEU Column]

Financial intermediation and zombie firms: Theory and evidence

HAMANO Masashige (Professor, School of Political Science at Waseda University) / Philip SCHNATTINGER (Researcher at Bank of England) / SHINTANI Mototsugu (Professor, Faculty of Economics, University of Tokyo) / UESUGI Iichiro (Faculty Fellow, RIETI) / Francesco ZANETTI (Professor at the University of Oxford, and David Richards Fellow at Wadham College at University Of Oxford)

Articles

March 3, 2025 [Newspapers & Magazines]

Making Australia a partner in the ‘Global ASEAN’ vision

ARMSTRONG, Shiro (Non-Resident Fellow, RIETI) / Peter DRYSDALE (Australian National University)

Articles

February 28, 2025 [RIETI Report]

US export controls and the restructuring of global value chains: An analysis of Japanese multinationals’ exits from China

FUKAO Kyoji (Chairman, RIETI) / Ivan DESEATNICOV (Assistant Professor, Faculty of World Economy and International Affairs, HSE University)

Articles

February 26, 2025 [Newspapers & Magazines]

Perspective on Raising Minimum Wage: Costs should be widely shared

KODAMA Naomi (Research Associate, RIETI)

Articles

February 26, 2025 [Newspapers & Magazines]

Strong reactions to a weak yen shake Japan’s economy

Willem THORBECKE (Senior Fellow, RIETI)

Articles

February 26, 2025 [Newspapers & Magazines]

The 2% Price Stability Goal Was Too Challenging

TSURU Kotaro (Program Director and Faculty Fellow, RIETI)

Articles

February 25, 2025 [Newspapers & Magazines]

Economic Insight: Is Japan’s 1.03-million-wall real?

SATO Motohiro (Faculty Fellow, RIETI)

Articles

February 25, 2025 [Newspapers & Magazines]

Trump 2.0 and Trade: Investment in the U.S. should be based on intellectual cooperation

TODO Yasuyuki (Faculty Fellow, RIETI)

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