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December 10, 2024

Japan
Japan Reacts to Trump’s Victory, With Sheila Smith (Transition 2025, Episode 6)

Sheila Smith, the John E. Merow senior fellow for Asia-Pacific studies at CFR, sits down with James M. Lindsay to discuss how Trump’s victory is being viewed in Japan and what his presidency will mea…

Podcast Japanese Prime Minister Ishiba Shigeru stands behind a podium in front of the Japanese flag while speaking at a press conference in Tokyo.

November 21, 2024

RealEcon
Japan Braces for Trump 2.0

How Tokyo navigates tariffs and other Trump policies will be a test of leadership for both countries.

Japanese and U.S. Flags fly side by side in front of the White House ahead next week’s State Visit of Japanese Prime Minister Fumio Kishida to Washington, U.S., April 5, 2024.

October 2, 2024

Global
Central Bank Currency Swaps Tracker

Introduction Since the financial crisis of 2007, central banks around the world have entered into a multitude of bilateral currency swap agreements with one another. These agreements allow a centr…

October 21, 2024

South Korea
C. Peter McColough Series on International Economics With Governor Rhee Chang Yong of the Bank of Korea

Bank of Korea Governor Rhee Chang Yong discusses monetary policy in South Korea and the implications of reshaping global value chains. The C. Peter McColough Series on International Economics brin…

Play  Rhee Chang-yong speaks in Seoul, South Korea

October 27, 2024

Japan
Japan’s Ruling Coalition Rules No More

On Sunday, Japanese voters handed the ruling coalition of the Liberal Democratic Party (LDP) and its junior partner, Komeito, an unmistakable defeat.

Japan's Prime Minister Shigeru Ishiba leaves after speaking to the media at the Liberal Democratic Party's (LDP) headquarters

October 22, 2024

China
China’s Central Bank is Becoming the Developing World’s “Payday Lender”

With the developing world’s growing use of costly and opaque “payday loans” from China’s central bank, the IMF and World Bank need to demand far greater transparency from Beijing. 

China’s Central Bank is Becoming the Developing World’s “Payday Lender”

June 27, 2024

Japan
How Japan Is Viewing the North Korea-Russia Alliance

Russia’s expanding security ties with North Korea raise weighty foreign policy questions for Japan and complicate the geopolitical dynamics in the Indo-Pacific. 

Russia’s President Vladimir Putin and North Korea’s leader Kim Jong Un pose for a photo during a signing ceremony in Pyongyang, North Korea.

August 27, 2024

Asia
Japan in Focus

I am fortunate to participate in projects on Japan or Asia hosted by other experts. Each month, I will share these with you in Japan in Focus. This month, we have two highlights to share.

The Tokyo Tower is seen illuminated minutes before Earth Hour in Tokyo, Japan

January 10, 2025

Foreign Policy
The World Trump Will Inherit

Donald Trump will reenter the White House to face a world racked by historic conflicts and humanitarian crises, but the United States, fueled by its economic strength, remains uniquely poised to infl…

Russian President Vladimir Putin stands with Chinese President Xi Jinping at a BRICS Plus meeting in Kazan, Russia, October 2024.

May 3, 2024

Japan
The U.S.-Japan Alliance

The alliance with Japan has been the cornerstone of U.S. security policy in East Asia for decades. Now, Japan’s role in global security is growing as challenges from China and North Korea mount.  …

Former U.S. Defense Secretary Leon Panetta addresses U.S. and Japanese forces at Yokota Air Base outside of Tokyo, October 24, 2011.