2025年度の活動報告

March 21, 2026 Musashi University International Symposium 'Long-term Stagnation in East Asia' Musashi University JPE Online Symposium: Secular Stagnation in East Asia.

[Presentation]
 https://www.youtube.com/watch?v=8qLRqqKrF4o
[Discussion (Round table)]
 https://www.youtube.com/watch?v=JC5mPFoKu_s

[Program]
● Host
Shinji Yokokawa (Musashi University) Radhika Desai (University of Manitoba)
 
● Report
Takahiro Fujimoto (Waseda University), Takahiro Fujimoto
“Growth, Stagnation, and Resilience: The Japanese Manufacturing Industry in the Post-Cold-War Period.”
Brieuc Monfort. (Sophia University)
”Secular Stagnation in East Asia: Structural, Cyclical, or Political?”
Tomoo Marukawa (University of Tokyo)
“Will China enter a secular stagnation? Implications from Japan's experience in urban housing development.”

● Panel Discussion
Kang-Kook Lee (Ritsumeikan University),
Sosuke Morimoto (Rikkyo University),
David Coleman (The University of Oxford)

[Overview]
There are high expectations that East Asia will become the engine of global economic growth in the 21st century, but two distinct concerns about East Asia's economic growth are increasing. First, it is gradually becoming clear that East Asian economies are facing headwinds. Especially in East Asia, where population aging is accelerating, there are growing concerns that these economies may also face long-term stagnation. It is necessary to examine the possibility of Japan's "lost decades" spreading throughout East Asia in terms of the contradictions between startup enthusiasm and innovation activity on one side, slowing productivity growth, widening inequality, and progressing deflation in East Asia. Second, economic growth in East Asia threatens American hegemony and increases geopolitical tensions. As Alvin Hansen first used the term (long-term stagnation) in 1938, retaliatory actions in the form of "military Keynesianism" could fragment the global economy.

A summary of the report and discussion can be viewed here.
Introduction with a summary of the Japanese Political Economy Symposium on Secular Stagnation in East Asia at Musashi University