RIETI International Symposium

Information Technology and the New Globalization: Asia's economy today and tomorrow


Since the 1990s, reflecting the information technology (IT) revolution and end of the Cold War, the world economy has experienced a "new globalization" in which production processes are increasingly segmented and each process is placed in the optimal location (Baldwin 2016). Although IT and the new globalization have brought great economic benefits to Asian countries, some industries, workers, and regions in advanced countries including Japan have lost out. In recent years, the future of the new globalization has come under threat as a result of opposition by the losers of globalization as well as instability in the established international economic order through the rise of emerging countries. At the same time, the current new trend in production technologies of automation and data exchange (the Fourth Industrial Revolution) has the potential to radically change the division of labor in Asia once again. To analyze the economic development brought about by IT and new international division of labor, as well as its future, productivity, trade, and direct investment data at the detailed industry level such as the JIP Database are indispensable (Jorgenson et al. 2016). At this symposium, leading experts on the new globalization and on Asian and global productivity data will get together to discuss the new globalization and the present and future of the Asian economy.


  • Time and Date: 14:00-18:00, Tuesday, August 1, 2017 (Registration starts at 13:30)
  • Venue: Iino Hall and Conference Center, Room A (2-1-1 Uchisaiwai-cho, Chiyoda-ku, Tokyo)
  • Language(s): Japanese / English (with simultaneous interpretation)
  • Admission: ¥1,000 (an official receipt will be issued) (Students: free; please present your student ID at the reception desk)
  • Host: Research Institute of Economy, Trade and Industry (RIETI)
  • Co-host(s): Japan Productivity Center (JPC), Hitotsubashi Institute for Advanced Study (HIAS), Grant-in-Aid for Scientific Research (S) Grant Number 16H06322 Project "Service Sector Productivity in Japan (SSPJ): Determinants and Policies"
  • Seating Capacity: 120
  • Contact: Ms. MARUTAKE at RIETI (
    Tel: 03-3501-8398

Online Registration is now closed.
We are no longer accepting registrations as the number of registrants has reached the seating capacity.
Thank you.


14:00-14:10 Welcoming Remarks

NAKAJIMA Atsushi (Chairman, RIETI)

14:10-15:40 Keynote Speech

"The Second Phase of Abenomics"

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

"The Great Convergence"

Richard E. BALDWIN (Professor, Graduate Institute, Geneva / President, CEPR)

15:40-16:00 Coffee Break

16:00-18:00 Panel Discussion


FUKAO Kyoji (Program Director and Faculty Fellow, RIETI / Professor, Institute of Economic Research, Hitotsubashi University / Chair of the Fourth Asia KLEMS Conference)

Panelists (in alphabetical order)

Richard E. BALDWIN (Professor, Graduate Institute, Geneva / President, CEPR)

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

KIYOTA Kozo (Research Associate, RIETI / Professor of Economics Keio Economic Observatory and Graduate School of Economics Keio University)

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

MORIKAWA Masayuki (Vice Chairman & Vice President, RIETI)

SEKINE Toshitaka (Director-General, Research and Statistics Department, Bank of Japan)

*Agenda is subject to change