Policy Research Institute

 

PRI-CAFS Joint Seminar, Japan-China Think Tank Forum on Finance (Tokyo)
Date: Nov. 30, 2017

 

The Policy Research Institute (PRI) has facilitated a research exchange with leading Chinese research institutes in economic and fiscal fields. In Tokyo, we held the joint seminar, “Japan-China Think Tank Forum on Finance”, on November 30 with Chinese Academy of Fiscal Sciences (CAFS).

 

The presentations were presented and shared on the subjects of “Macro Fiscal Management and Fiscal Discipline” and “Risk of Public Debt and Debt Management Policy”. Furthermore, commentators responded to these presentations in order to facilitate active discussion.

 

Opening Session

DOI Toshinori, President, PRI

LIU Shangxi, President, CAFS

 

Session 1: Macro Fiscal Management and Fiscal Discipline

[Chair] FU Zhihua, Vice President, CAFS

[Speakers]

IHORI Toshihiro, National Graduate Institute for Policy Studies, Professor, The University of Tokyo, Honorary professor, Senior Research Fellow, PRI

“Reconstruction of fiscal consolidation strategy”(PDF:677KB)

WANG Zhigang, Deputy Director, Research Center for Macroeconomics,CAFS

“Study on sustainability of finance in China “

Presentation(PDF:686KB)Paper(PDF:541KB)

 

[Commentators]

OGURO Kazumasa, Faculty of Economics, Hosei University, Professor Senior Visiting Scholar,PRI(PDF:1326KB)

WU Jingzhou, Researcher,Research Center for Macroeconomics,CAFS

Presentation(PDF:335KB)Paper(PDF:384KB)

 

Session 2: Risk of Public Debt and Debt Management Policy

[Chair] MEGURO Katsuyuki, Director-General of the Research and Administration Department, PRI

[Speakers]

LIU Shangxi, President, CAFS

“The institutionalism-based model of debt management could fail ——Rethink from perspective of public risks”

Presentation(PDF:472KB)Paper(PDF:780KB)

KOBAYASHI Keiichiro, Faculty of Economics, Keio University, Professor

“Debt problems and economic growth”(PDF:425KB)

FENG Beilin, Researcher,Research Center for Finance, CAFS

“History, current situation, causes, forecasts and risks of Chinese local governments’ debt”

Presentation(PDF:1137KB)Paper(PDF:430KB)

DOI Takero, Faculty of Economics, Keio University, Professor, Senior Research Fellow, PRI

“Finance and debt management in Japan”(PDF:1136KB)

[Commentators]

TANAKA Osamu, Special Adviser for China Research, PRI

HATTORI Takahiro, Researcher, PRI(PDF:604KB)

LI Chengwei, Deputy Director, Research Center for Foreign Public Finance,CAFS

Presentation(PDF:520KB)Paper(PDF:689KB)

 

Closing Remarks

FU Zhihua, Vice President, CAFS

NARITA Yasuro, Executive Vice President, PRI

 

Japan-China Think Tank Forum on Finance, Policy
    Opening Session by President Doi
[Japan-China Think Tank Forum on Finance]
[Opening Session by President Doi]
Group photo with Chinese Academy of Fiscal Sciences
[Group photo with Chinese Academy of Fiscal Sciences]