Princes of the Yen: Japan’s Central Bankers & the Transformation of the Economy
8:30 -10 am
“A powerful work.”
–Eisuke Sakakibara, former Vice Minister of Finance, a.k.a. “Mr. Yen”
In the past several years, the Bank of Japan has styled itself as a more independent, transparent and proactive entity as it struggles to stem the nation’s decline. But why, then, has progress been so slow? Dr. Richard Werner draws on his new book, a comprehensive analysis of the Japanese central bank, to create an incisive picture of Japan’s struggle and the Bank of Japan’s role. He discusses why monetary and fiscal policies have failed for over a decade, and to what extent structural reform is actually happening. Dr. Werner also discusses in detail the role of Toshihiko Fukui–one of the “princes”–who he correctly predicted would be the new governor of the Bank of Japan.
Includes continental breakfast and booksigning.
Richard Werner, Chief Investment Advisor, ProfitFundCom AG, Assistant Professor of Economics, Sophia University, Tokyo
Hugh Patrick, Director, Center on Japanese Economy & Business, Columbia Business School
Admission: Corporate members are entitled to a designated number of free admissions to this event, based on their company’s current membership level. Additional corporate registrants pay the discounted corporate member rate of $20. Non-member admission: $35. Academic rate is also available. When payment is required, prepayment must be made, or registration secured, with a credit card. All registrations and cancellations must be made at least 48 hours prior to the event. Substitutions are welcome. For more information, please contact Ellie Montazeri at (212) 715-1247 or [email protected]
- Wednesday, January 28, 2004
- 8:30 am