Dr. Shuji Kobayakawa, Assistant Director-General, Monetary Affairs Department, Bank of Japan
Dr. Kobayakawa discussed how the Bank of Japan views recent developments of the Japanese economy and what it does in order to overcome deflation.
In particular, the BOJ was one of the first central banks to implement unconventional monetary policy-making, and Dr. Kobayakawa elaborated on policy measures, initiated by the Bank of Japan, that are aimed at raising the economy's growth potential. He also discussed implications of BOJ initiatives for foreign financial institutions based in Japan.