Koichi Hamada

The writer is Special Economic Adviser to Japanese Prime Minister Shinzo Abe, Professor Emeritus of Economics at Yale University and at the University of Tokyo.

A rare triumph of US bipartisanship

After months of negotiations, the United States Senate recently passed a USD 1 trillion infrastructure bill. Passed by a vote of 69 to 30, it was an impressive display of bipartisanism at a time of deep polarisation.

Epidemics, economics, and externalities

Covid-19 and its collateral damage continue to leave a trail of devastation around the world. Millions of businesses have closed, with many having no realistic prospect of reopening.

How can we retain the benefits of globalisation?

In the last few years, for many people and their leaders, globalisation has become a scourge to be purged in favour of greater protectionism and unilateralism.

Why we need globalisation

From the Brexit vote to Donald Trump's election as US president to rising support for populist parties in countries like Germany and Italy, much of the electoral upheaval in Western democracies in recent years has been attributed at least partly to a backlash against globalisation. But globalisation does not deserve voters' ire.

Education in the Digital Age

The Fourth Industrial Revolution stands out from its predecessors in a critical way: rather than making it easier for humans to use their surroundings more effectively for their own benefit, technology is displacing humans in the workplace. The question is who will benefit now.

Misery loves inflation targeters' company

The United States, Europe, and Japan are all making positive economic strides. In the US, the unemployment rate is falling, and now stands at just over four percent.

Fake news and biased news

Interviews are always tricky. If an unscrupulous interviewer is looking for a particular answer or claim, they have the power to edit, manipulate, or even rewrite their subject's words to that end.

The rebirth of the TPP

When Donald Trump, in one of his first acts as president, announced that the United States would not participate in the Trans-Pacific Partnership (TPP), many assumed that the mega-regional trade deal was dead. But such assumptions may have been premature.

September 4, 2021
September 4, 2021

A rare triumph of US bipartisanship

After months of negotiations, the United States Senate recently passed a USD 1 trillion infrastructure bill. Passed by a vote of 69 to 30, it was an impressive display of bipartisanism at a time of deep polarisation.

August 29, 2020
August 29, 2020

Epidemics, economics, and externalities

Covid-19 and its collateral damage continue to leave a trail of devastation around the world. Millions of businesses have closed, with many having no realistic prospect of reopening.

July 12, 2018
July 12, 2018

How can we retain the benefits of globalisation?

In the last few years, for many people and their leaders, globalisation has become a scourge to be purged in favour of greater protectionism and unilateralism.

May 19, 2018
May 19, 2018

Why we need globalisation

From the Brexit vote to Donald Trump's election as US president to rising support for populist parties in countries like Germany and Italy, much of the electoral upheaval in Western democracies in recent years has been attributed at least partly to a backlash against globalisation. But globalisation does not deserve voters' ire.

March 6, 2018
March 6, 2018

Education in the Digital Age

The Fourth Industrial Revolution stands out from its predecessors in a critical way: rather than making it easier for humans to use their surroundings more effectively for their own benefit, technology is displacing humans in the workplace. The question is who will benefit now.

December 30, 2017
December 30, 2017

Misery loves inflation targeters' company

The United States, Europe, and Japan are all making positive economic strides. In the US, the unemployment rate is falling, and now stands at just over four percent.

November 1, 2017
November 1, 2017

Fake news and biased news

Interviews are always tricky. If an unscrupulous interviewer is looking for a particular answer or claim, they have the power to edit, manipulate, or even rewrite their subject's words to that end.

July 6, 2017
July 6, 2017

The rebirth of the TPP

When Donald Trump, in one of his first acts as president, announced that the United States would not participate in the Trans-Pacific Partnership (TPP), many assumed that the mega-regional trade deal was dead. But such assumptions may have been premature.

March 2, 2017
March 2, 2017

How Trump is testing democracy

World leaders seem to be at a loss about how to approach relations with US President Donald Trump, given his worrying positions and often-bizarre behaviour toward politicians and the media, allies and enemies alike.

December 30, 2016
December 30, 2016

Keynes reborn

In the fourth century, Japan's emperor looked out from a small mountain near his palace and noticed that something was missing:

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