IJS Week 05

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Week 5: The Economy – industry, agriculture, business

Statistical Handbook of Japan:

For this week’s topic, the economy, it is particularly important to read the Statistical Handbook of Japan. Read Chapter 4, “Finance” and Chapter 5, “Agriculture, Forestry and Fisheries”. But, the video lecture discusses material in other chapters, too.


In addition to the short lecture, please watch the video “Modern Monetary Theory explained by Stephanie Kelton”. There is a section on the Japanese national debt at 04:00. The economic theory is probably difficult to follow, but the main conclusions for the Japanese economy are explained in my lecture.

Academic Articles (for the Active Learning Hours Portfolio):

Government Presentation of Abenomics

Inoue, “Inequality and precarity in Japan”