The Policy Research Institute, originally the Institute of Fiscal and Monetary Policy (established in May 1985), is an organization to be inaugurated by the Ministry of Finance in July 2000. Its purpose is to conduct comprehensive surveys and studies with a greater policy oriented focus, amid the bigsocio-economic changes underway in Japan, such as the globalization and liberalization of the economy in recent years and the rapid advancement of the falling birthrate and the aging of the population.
The Research and Administration Department is engaged primarily in five types of research activities.
International Cooperation Division is engaged in promoting international exchange primarily through two avenues.
The Division works with international financial institutions to jointly organize international conferences, such as regularly sharing research results through the Japan-China Joint Workshop and Trilateral Seminar on Financial Cooperation among Japan, China and Korea.
In addition, the Division accepts foreign researchers specializing in Japanese fiscal policy and the Japanese economy and provides them with supportin their investigations and research.
The Information Service Department is responsible for collecting and analyzing basic information related to fiscal and economic matters. Some of the results are distributed to research institutes and universities.
The Department publishes the "History of Fiscal and Monetary Policies in Japan," a full history of the Ministry of Finance's administrative policies by field, for example, the budget and taxes; the "Ministry of Finance Statistics Monthly", which mainly covers performance statistics.
The Department oversees document collection at the Ministry Library. The library, a branch of the National Diet Library, houses approximately one hundred and seventy thousand books, primarily in the fields of fiscal and economic affairs.
The Statistical Research Department conducts regular financial surveys (e.g., assets and liabilities, capital, and profit and loss) on corporations to compile the "Financial Statements Statistics of Corporations by Industry." This includes quarterly surveys of corporations with capital of ten million yen or more and annual surveys of all corporations.
In addition, the Department conducts the"Business Outlook Survey" to as certain the management prospects of businesses.
The Personnel Development Department is in charge of training.
It provides the staffs of the Ministry of Finance, the Local Finance Bureaus and the Local Finance Offices with a variety of training courses.
The Department conducts about forty courses annually. These include Initial Training Courses for newcomers, Supervisory Training Courses for newly appointed directors, Executive Seminars for the executives of the Ministry ofFinance, the Local Finance Bureaus and the Local Finance Offices, and variousProfessional Training Courses to provide specialized knowledge related to theMinistry' operations.
In addition, the Department has the Regional Training Offices in the Local Finance Bureaus, Fukuoka Local Finance Branch Bureau and the Finance Department of Okinawa General Bureau. These Regional Training Offices conduct various training courses to provide basic knowledge related to the Ministry' operations.