Public Policy Review is a research journal launched in 2005 to mark the twentieth anniversary of the Policy Research Institute. The Review presents the results of the Institute's high-quality research, and most of the articles in it are selected from Japanese-language articles published in Financial Review, another of the Institute's academic journals, with a view to disseminating research findings that are particularly relevant to recent and current economic issues in Japan and abroad. All articles in the Review represent their authors' opinions, and do not reflect the official view of the Japanese government. The articles are downloadable and available in English only.