Skip to Main Content
The fifth annual Japan-U.S. Symposium was held at the Keidanren Guest House in Gotemba Japan, amid improving stock prices in Japan and the United States, reported reductions in the stock of non-performing loans in Japan, and an apparent strengthening of the position of Japanese Prime Minister Junichiro Koizumi. Economic growth appeared to be on an uptrend in both countries, but concerns persisted about sustainability. Opinions about the Japanese economy ranged from pessimism to guarded optimism. With regard to corporate governance, Japanese firms were seen not to have yet achieved a definitive shift in behavior. Meanwhile, there were some afterthoughts regarding the wisdom of the Sarbanes-Oxley Law and other aspects of post-Enron corporate governance in the United States. The first session addressed issues of deflation and exchange rates. While participants agreed that ...more...
• Global Deflation, Interest Rates, and Exchange Rates
• Corporate Governance Standards and Capital Markets
• Industrial Revitalization in Japan: Mechanisms and Obstacles
Back to Top