This research paper tracks Japan-India trade and investment relations. India's potential as a market for Japanese companies is now well understood by the business community, which is particularly interested in the rising middle class.Analysis of the significance of the Comprehensive Economic...

1. The World Trade Organization (WTO) General Agreement on Trade in Services (GATS) negotiation has not resulted in any major achievements since the Telecommunication and Financial Services Agreements concluded in 1997 due to a lack of momentum in the Doha Round, concerns about free-riding, and...

There is wide consensus on the role of innovation as a primary driver of productivity and growth, generating new employment and contributing social returns benefiting the broader public. The Japanese and U.S. governments have placed increased emphasis on innovation as a core component of...

This paper aims to examine three issues: how bad the productivity performance in Japan's service sector has been; why it is important to accelerate TFP growth in the service sector; and why TFP has stagnated in Japan's service sector. The main findings of the paper are as follows. First, TFP...

In this paper, we take up the Index of Donor Performance (IDP) constructed by the Center for Global Development (CGD), especially, discussing issues of selectivity and project proliferation in the IDP index. We argue theoretical issues of the Index from the aspect of the aid data characteristics.

This paper discusses the appropriate policy mix for China in the post crisis period. As is well known, China has achieved a remarkable economic growth rate over the last 30 years using an export-led growth strategy. To implement this strategy, the Chinese authorities have pegged their currency...

Using industry- and micro-level data, this paper examines why Japan's productivity growth has been slow for such a long time and how it can be accelerated in the future. Japan's capital-to-gross domestic product (GDP) ratio continued to increase after 1991, which must have contributed to the...

This paper compares the 1995 Kobe earthquake with the more recent one in Tohoku. The impact of the recent earthquake on industrial production was much larger and long-lasting than that of the 1995 earthquake. We find that very little of this can be explained by differences in government...

This paper surveys research on foreign direct investment (FDI) in East Asia. The pattern of FDI in the region has changed over time. Outward FDI from Asia began in earnest when Japanese multinational corporations (MNCs) shifted production to other Asian economies following the 60% appreciation...

Since the establishment of the WTO in 1995, major changes and liberalization of its rules have been realized by issue-based plurilateral agreements, as exemplified by the Financial Services and Telecommunication Services Agreement, the Information Technology Agreement (ITA), and the...