Heizo Takenaka
Heizo Takenaka
Heizō Takenakais a Japanese economist and retired politician, last serving as Minister of Internal Affairs and Communications and Minister of State for Privatization of the Postal Services in the cabinet of Prime Minister Junichiro Koizumi. As of July 2007, he is a professor at Keio University and an advisor for other academic institutions and companies...
authority bank decision deflation hope prepared remains responsibility though
The BOJ used its authority to make the decision even though deflation remains a problem. I hope the bank is prepared to take responsibility for its actions.
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The bank needs to more specifically define its criteria for ending its quantitative easing policy.
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The census shows the population is in a declining phase.
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We just go by the book and conduct thorough inspections, and it is our duty to maintain that regulatory framework. It is up to private-sector companies what decisions they make.
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We see good signs in both corporate expenditure and spending, which are the key ... Especially in exports, whose recovery had been seen as difficult, the annualized growth rate stood at 11.6 percent.
cash
Companies' cash is not just going to repaying debts, but is going to investment,
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These were the bills that put us at the crossroads, whether Japan can create a small government or it is headed toward creating a big government, ... The rejection is a major blow to Japan's future and its economy.
bills happy understanding
I am happy that understanding for the bills is spreading,
carrying financial good government management position whether
Basically, this is something the management of a private-sector financial institution has made and is carrying out, and the government is in no position to say whether this is good or bad,
economic rate
Basically, the yen rate is not misaligned with economic fundamentals,
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Postal reform is something that will decide Japan's future: whether Japan moves forward to smaller government, leaving what we can to the private sector, or whether it goes toward bigger government.
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a big loss for the future of Japan.
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It's the beginning of a new era in Japanese economy.
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There seems to be a misunderstanding in some media reports, but the Financial Services Agency (FSA) conducts similar inspections to all banks and it is inconceivable that it takes a particularly harsh attitude to a specific bank,