This paper explores the opportunities presented by the Trans-Pacific Partnership (TPP) to Japan to revitalize its trade policy, bolster economic growth, and increase participation in regional multilateral fora for the 21st century. Despite its strengths, Japan has continued to face problems caused by its economic, political,...

"Engineering a successful transition out of deflation is one of the most challenging aspects of monetary policy, but the Bank of Japan just might be able to do it this time."

Many nations have aging populations, but none can quite match Japan. Its experience holds lessons for other countries as well as insights into the distinctiveness of Japanese society.

Do the outlooks for the Japanese and European economies provide the basis for either the Japanese yen or the euro to replace the US dollar any time soon as the world's leading international reserve currency?

Sir, Peter Tasker is overly sanguine in counselling the Japanese government to ignore the credit rating agencies' recent downgrading of Japanese government debt.

One of the great weights around the neck of Japanese politics in the past decade has been the refusal of older party leaders to make way for a younger cohort of politicians who might have better ideas for bringing Japan out of its economic slump. This inertia only became more prominent after the March 11 earthquake, tsunami, and nuclear crisis.

The United States government has offered ample advice to the Japanese government on ways to end its economic and financial crises.

Japan's economic performance has largely been written off over the past two decades. It shouldn't be—reform could build on the country's strong fundamentals.