The 75th Annual Meeting of the Japan Society of International Economics (JSIE) was successfully held in Nagoya Campus, Chukyo University, Japan on October 29-30, 2016. Thank you very much for your attendance and contribution to the meeting.
November 12, 2016
The local committee for the 75th Annual Meeting
JSIEThe 75th Annual Meeting of the Japan Society of International Economics (JSIE) will take place in Nagoya Campus, Chukyo University, Japan on October 29-30, 2016.
Morning Concurrent Sessions Flash Talk/Poster Session Lunch/Board Meeting Afternoon Plenary Session Evening Welcome Reception Oct. 30th,
Morning Concurrent Sessions Lunch/Board Meeting/Member Meeting/ JSIE Award Ceremony/Award Lecture Afternoon Concurrent Sessions
April 8 , 2016
The chair of the local committee
The chair of the program committee
In April 2015, Japan’s Nikkei Stock Average recovered to the 20,000 yen level, its highest point since the formation of the IT bubble fifteen years ago. However, in August 2015, the stock average was affected by a simultaneous weakening of stocks worldwide, and in September, it settled down at 17,000 yen. At the onset of this stock weakening, there were concerns over growth slowdown in the Chinese economy and all eyes were peeled for the outlook of the economy, which had been continuing its rapid growth until then.
In June 2015, a signing ceremony was held for the founding of the China-led Asian Infrastructure Investment Bank (AIIB), and 50 countries participated as founding members. The participating countries included not only all the Asian countries but also a string of major Western countries. These Western countries recognized the risks of the AIIB being led by the Chinese; however, they decided that the profit from AIIB participation would be far greater than these risks.
Although both Japan and the United States had postponed their participation in the AIIB, the Trans-Pacific Strategic Economic Partnership Agreement (TPP), an agreement among 12 countries including Japan and the United States, reached an outline agreement in October 2015, and negotiations that had continued for more than five years finally bore results. According to the calculations of the Japanese government on the economic effect of the TPP, the GDP will increase by about 14 trillion yen and 800,000 new jobs will be created when the TPP comes into force.
In his speech on the outline agreement of the TPP, President Obama said, “… we can’t let countries like China write the rules of the global economy. We should write those rules, opening new markets to American products … .” It goes without saying that the TPP aims to devise the economic rules that will provide impetus for realizing prosperity and peace in a US-led Asia-Pacific region. However, the reality is that the outcome of the next US presidential election will determine how far the United States will commit to the TPP.
The formation of the AIIB and TPP, the two frameworks for realizing multi-country economic agreements led by China and the United States, respectively, can be seen as symbolic events that raise the question of whether there is a need for a new order and rules in the global economy. We believe that the common theme of the 75th Annual Meeting of the Japan Society of International Economics should be the ways in which future rules for the global economy can be devised and the process for achieving this.
Looking back at the global economic development that has occurred since World War II, it is clear that the world economy has experienced tremendous change. In particular, the IT revolution that took place at the end of the 20th century has brought about tremendous social change, which, in turn, has led to the sudden acceleration of globalization. The development of IT has established an environment that supports higher quality economic transactions. On the other hand, the global political–economic situation is gradually sinking into a state of turmoil. There is a huge gap between the present situation and the situation of a truly affluent society that could be realized by achieving the goals of the United Nations Millennium Declaration, such as peace and security, poverty eradication, protection of the environment, and good governance. Low-quality competition is occurring even in advanced countries, as exemplified by issues such as Toshiba’s inappropriate accounting and Volkswagen’s false reporting of vehicle emissions. Further, there are plenty of reasons why high-quality economic transactions cannot be achieved despite the progress made in IT. One major reason is the lack of appropriate rules that govern economic transactions, and the noncompliance of economies with such rules.
Who will take the initiative for devising a new order and rules for the global economy? Will it be the United States or China? Or, will it be another country that becomes a third power? Would bringing about such a new order and rules enable the global economy to develop further? We expect to have an in-depth discussion on the shape that future rules for the global economy may take under a common theme based on the abovementioned questions. The Program Committee envisages the following problem areas:(1) New trade order in the Asia-Pacific region(2) Financing for infrastructure and development in Asia(3) Global financial crisis and reforms in financial regulations(4) Viewpoints of the WTO Doha Round of negotiations(5) Future development and stabilization of emerging economies(6) Other topics
We look forward to having all members actively participate in the discussion and express their views.
As is the case every year, the 75th Annual Meeting will have “Open-Theme” sessions. We are receiving applications from those among you wishing to present reports on a freely chosen theme. These presentations will be divided into several sessions. The Program Committee plans thirteen “sessions.”, which are listed below. Participants wishing to report on a freely chosen theme must clearly state the corresponding session on the “Report Application Form” when they apply.
(1) International trade theory
(2) Empirical international trade
(3) International finance, international macroeconomics
(4) Development economics
(5) Direct investment, multinational enterprises
(6) American and European economies
(7) Asian economies
(8) Economies in other regions
(9) International trade regime, WTO
(10) Regional economic integration, FTAs
(11) Environment, resources, energy
(12) International political economy
(13) Other issues
From the 70th Annual Meeting (held in 2011) onward, we have held a “Poster Session.” Such sessions enable face-to-face conversations with the presenter. Therefore, it is an immensely valuable reporting format for the audience, and we plan to hold this session during this year’s meeting also. We ask the participants giving flash talks to please read the “Outline of Poster Session” described in “Call for Papers” and to apply using the Report Application Form as per those instructions. In addition, from the 74th Annual Meeting onward, we have been providing all members who report at the poster session the opportunity to give a one-minute “flash talk.” The flash talks will be held directly before the poster report on the first day of the annual meeting. In this session, each presenter will give a brief statement about the message and selling points of the report while showing one slide. We ask the participants giving flash talks to read the “Outline of Flash Talk” described in “Call for Papers” and follow the guidelines presented there.”
In this annual meeting, no special provisions are being made for an English session. However, it is possible to present a report in English, and individuals wishing to present a report in English must apply to do it in one of the Open-Theme sessions. Further, in your application, please indicate the language of your report in the Report Application Form.