{"id":58502,"date":"2022-08-10T12:02:52","date_gmt":"2022-08-10T03:02:52","guid":{"rendered":"https:\/\/www.pp.u-tokyo.ac.jp\/?p=36608"},"modified":"2022-08-10T12:02:52","modified_gmt":"2022-08-10T03:02:52","slug":"2022-08-10-36608-2","status":"publish","type":"post","link":"https:\/\/graspp.neopa.jp\/en\/news\/2022-08-10-36608-2\/","title":{"rendered":"Professor Toshiro Nishizawa\u2019s article titled \u201cWaking up from the Japanese debt dream\u201d published by East Asia Forum"},"content":{"rendered":"

<\/p>\n

\n

Professor <\/span><\/span>Toshiro Nishizawa<\/span><\/span><\/a>\u2019s article titled \u201c<\/span><\/span>Waking up from the Japanese debt dream<\/span><\/span><\/a>\u201d <\/span>was<\/span> published by <\/span><\/span>East Asia Forum<\/span><\/span><\/a>.<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

Japan\u2019s general government gross debt was 263% of GDP at the end of 2021. Borrowing may look affordable <\/span>as long as<\/span> the average yield is close to zero. However, low interest rates are no longer sustainable as Japan falls behind global monetary tightening trends. <\/span>Professor Nishizawa discusses that a revitalization trial of the Japanese economy will all be an illusion without a serious discussion on debt affordability and a r<\/span>esolute goal for fiscal health.<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

Prof<\/span>essor<\/span><\/span> Nishizawa\u2019s research fields include financing for development, Public-Private Partnerships (PPPs), sovereign debt, and debt sustainability issues<\/span><\/span>.<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

<\/p>","protected":false},"excerpt":{"rendered":"

Professor Toshiro Nishizawa\u2019s article titled \u201cWaking up from the Japanese debt dream\u201d was published by East As […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[196],"coauthors":[234],"class_list":["post-58502","post","type-post","status-publish","format-standard","hentry","category-news","tag-faculty-news"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/posts\/58502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/comments?post=58502"}],"version-history":[{"count":0,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/posts\/58502\/revisions"}],"wp:attachment":[{"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/media?parent=58502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/categories?post=58502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/tags?post=58502"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/graspp.neopa.jp\/en\/wp-json\/wp\/v2\/coauthors?post=58502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}