TOE


TOE Alert: Time Running out for TPP; Auto Talks in DC Make Little or No Headway

Automotive TPP talks last week in DC failed to resolve—or even narrow substantially—the gap among the US, Japan, Canada and Mexico. Another round of talks is expected next week.

Enforce Japan’s Anti-Discrimination Laws: How to Raise Wages

Richard Katz's September issue of TOE includes reports on How to Raise Wages, For Now, Abe Polls Bounce, Abe Opens Door with Statement on War, Abe’s Careful Speech, Economy Watch, an interview with Nicholas Lardy on China's stock market and an interview with Tokyo University assistant professor Matthew Brummer, an expert on innovation, to understand Japan’s status as a “tech power.”

How Much Do Stock Prices Help Abe?

In this report, Richard argues why Abe's belief that the rising stock prices will help his overall approval rating is incorrect.

Real Wages in May Down 0.1%

Real wages in May were down yet again, this time by a mere 0.1%. That is the same as in April.

His Own Worst Enemy

July 2015 issue of the Oriental Economist includes reports of His Own Worst Enemy, No “Bon Bons” for Diet, Fight over TPA in the US, Japan-Korea Thaw, Economy Watch, Japan’s Hidden Champions.

Japan's Nominal Wages up Almost 1% in April

While April may have been cruel to Japan in many regards (see Alert of May 29), it was very kind on wage front. Nominal wages per worker were up 0.9% from last April—three times as much as the consensus forecast.

TPP waiting on US Congress

June issue of the The Oriental Economist. Topics include the possible conclusion to the TPP pact, the debate on the national security bill and the myth of the 5 million lost jobs.

TOE Alert: Senate Reaches Deal on TPA vote; Question is When

Senate Republicans and Democrats reached a deal this afternoon to get a vote to begin debate on Trade Promotion Authority (TPA), following yesterday’s failure.

TPA Vote Today was Part of the Negotiations

Trade Promotion Authority (TPA) has been delayed by today’s vote in the Senate against immediate opening of floor debate, but it definitely does not mean that TPA is dead. Rather, the vote is part of the negotiations between the Democrats and Republicans on how many other matters will be bundled together with TPA.

Who Wins, Who Loses?

In this report Richard analyzes who has gained and who has lost because of the yen’s big depreciation.

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