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Skip to Content Japanese English Chinese About RIETI Site Map Help Contact Discussion Papers Search Site Search Menu Research Areas Research Programs (FY2024-2028) Research Programs (FY2020-2023) Research Programs (FY2016-2019) Research Programs (FY2011-2015) Policy Research Domains (FY2006-2010) Projects Survey Fellows According to Title Alphabetical order RIETI Alumni Research/Policy Papers Discussion Papers (English) Discussion Papers (Japanese) Policy Discussion Papers (English) Policy Discussion Papers (Japanese) Technical Papers (English) Technical Papers (Japanese) Non Technical Summaries List of Articles in Journals Research Digest Discussion Papers Search Publications RIETI Books (English) RIETI Books (Japanese) History of Japan's Trade and Industry Policy Authors' Words Other Publications (English) Other Publications (Japanese) Events Symposiums Workshops BBL Seminars Archived Seminar Series Data JIP Database R-JIP Database CIP Database Industry-Specific Nominal and Real Effective Exchange Rates AMU and AMU Deviation Indicators JSTAR RIETI-TID RIETI FDI Database ICPA Project Links Articles Column Special Series Newspapers & Magazines Fellows' Works VoxEU Column From IZA Perspectives from Around the World Other Contents RIETI Report Policy Update Keizai Sangyo Journal (METI Journal) Research Areas Fellows Research/Policy Papers Publications Events Data Articles Site Map Technical Issues Coontact Discussion Papers Search Close HomeResearch AreasResearch Programs (FY2011-2015) International Macroeconomics Print Amid rapidly advancing globalization, there is a need to consider how the Japanese economy should take on growth in emerging markets and realize balanced, sustainable growth within Asia. In addition to studying institutional infrastructures such as the role of a currency basket in the Asia region, this program also will analyze various issues related to exchange-rate pass-through and the choice of invoice currencies from both macroeconomic and corporate-level perspectives. Furthermore, it also will advance research spanning fields such as international trade and macroeconomics, international finance, macro finance, corporate foreign-exchange risk management, and corporate finance. We will endeavor to propose ideal macroeconomic policies for fiscal reconstruction, particularly their influence on exchange rates, as well as analyze the long-term deflationary mechanism and explore ways of overcoming it. Program Director ITO Takatoshi(Program Director, Faculty Fellow) About International Macroeconomics Program Active Projects Completed Projects Research on Exchange Rate Pass-Through May 30, 2011 - March 31, 2013 Project LeaderITO Takatoshi Research on a Currency Basket May 30, 2011 - March 31, 2013 Project LeaderOGAWA Eiji Research on Macroeconomic Policies Focused on Fiscal Reconstruction and Similar Measures May 30, 2011 - March 31, 2013 Project LeaderKOBAYASHI Keiichiro Long-term Deflation in Japan: Its causes and policy implications June 21, 2011 - March 31, 2013 Project LeaderWATANABE Tsutomu Exports and the Japanese Economy: Experiences in the 2000s and the lessons for the future October 25, 2011 - September 30, 2014 Project LeaderIWAISAKO Tokuo East Asian Production Networks and Global Imbalances December 27, 2011 - October 1, 2013 Project LeaderTHORBECKE, Willem Research on Currency Baskets April 1, 2013 - March 31, 2015 Project LeaderOGAWA Eiji Macroeconomic Analysis on the Public Debt, Deflation, and Other Related Issues April 1, 2013 - March 31, 2015 Project LeaderKOBAYASHI Keiichiro Research on Exchange Rate Pass-Through May 7, 2013 - March 31, 2015 Project LeaderITO Takatoshi East Asian Production Networks, Trade, Exchange Rates, and Global Imbalances October 1, 2013 - September 30, 2015 Project LeaderTHORBECKE, Willem Other Research Results of International Macroeconomics Program RIETI Policy Discussion Papers 15-P-019 "Challenges of the Japanese Economy: From the viewpoint of international macroeconomics" (ITO Takatoshi and SHIMIZU Junko) Research Areas Research Programs (FY2024-2028) Research Programs (FY2020-2023) Research Programs (FY2016-2019) Research Programs (FY2011-2015) International Trade and Investment International Macroeconomics Regional Economies Technology and Innovation Raising Industrial and Firm Productivity New Industrial Policy Human Capital Social Security, Taxation, and Public Finance Policy History and Policy Assessment Special Projects Policy Research Domains (FY2006-2010) Major Common Themes: 2005 Major Common Themes: 2004 Projects Survey Communications Newsletter RSS Feed Facebook X YouTube Research Areas Research Programs (FY2024-2028) Research Programs (FY2020-2023) Research Programs (FY2016-2019) Research Programs (FY2011-2015) Policy Research Domains (FY2006-2010) Projects Survey Fellows Research/Policy Papers Discussion Papers (English) Discussion Papers (Japanese) Policy Discussion Papers (English) Policy Discussion Papers (Japanese) Technical Papers (English) Technical Papers (Japanese) Non Technical Summaries List of Articles in Journals Research Digest Discussion Papers Search Publications RIETI Books (English) RIETI Books (Japanese) History of Japan's Trade and Industry Policy Authors' Words Other Publications (English) Other Publications (Japanese) Events Symposiums Workshops BBL Seminars Archived Seminar Series Data JIP Database R-JIP Database CIP Database Industry-Specific Nominal and Real Effective Exchange Rates AMU and AMU Deviation Indicators JSTAR RIETI-TID RIETI FDI Database ICPA Project Links Articles Column Special Series Newspapers & Magazines Fellows' Works VoxEU Column From IZA Perspectives from Around the World Other Contents RIETI Report Policy Update Keizai Sangyo Journal (METI Journal) About RIETI Privacy Policy Site Policy Site Map Help Contact METI Web Site Research Institute of Economy, Trade and Industry, IAA (JCN 6010005005426)JCN: Japan Corporate Number Opinions expressed or implied on this website are solely those of the author, and do not necessarily represent the views of the Research Institute of Economy, Trade and Industry (RIETI).Titles, numbers, specific names, etc. on this website are as of the date of publication. 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