Friday, December 31, 2010
Learning from Greek
As Greece failed into financial chaos, Japan should learn some lessons. Currently, the Japanese fiscal budget deficit reaches nearly 200 percent of GDP. “It’s necessary for the government to make the medium-term fiscal road map as concrete as possible,” stated the deputy managing director at the IMF, Shinohara Naoyuki (Japan Times 27 April 2010). In fact, Standard & Poor cut the outlook of Japanese bonds’ AA rating to “negative.”
Labels: Learning History
After growing up and studying in China and Japan, Dr. Suganuma went to the U.S. for graduate studies, earning master’s degrees at both St. John's University (in Chinese studies) and Syracuse University (in international relations) as well as a Ph.D. (in geography) from the Maxwell School of Syracuse University.