Shihoko Goto
Responsible Statecraft
Washington, DC, United States
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Past articles by Shihoko:
What new leadership in Japan will mean for US, regional relations –
Fumio Kishida, likely the country’s next prime minister, may seek more independence from Washington. → Read More
Keeping Ahead In the Digital Currency Challenge
Beijing has not been shy about thinking big nor shutting out the voices of its many critics. From the massive Belt and Road Initiative to its disputed territorial claims across the South China Sea, even China’s fiercest critics cannot deny that Beijing can think big. Launching a digital currency is a similarly ambitious plan that will add yet another dimension to competition between China and… → Read More
Deglobalization or Re-Globalization? Asia May Be Diverging From the U.S.
The threat of continued economic disruption as a result of the pandemic looms large over the coming winter months. In the world’s hardest hit regions, and the United States in particular, there is a growing sense that until a vaccine is widely available, prospects for any sense of normalcy in daily life is unlikely. It’s a sentiment that contrasts sharply with that in East Asia, which despite… → Read More
A Chance to Grow Japan’s Digital Aspirations
If his predecessor highlighted the need for more women in the workplace, can Japan’s newly appointed Prime Minister Yoshihide Suga spearhead the country’s endeavors to boost its competitiveness in the digital economy? Amid wariness that Suga is merely the head of a caretaker government after the sudden resignation of Shinzo Abe, the new premier’s push to create a digital technology agency is one… → Read More
Japan’s Next Prime Minister
Statement from Shihoko Goto, Deputy Director for Geoeconomics and Senior Associate for Northeast Asia, Asia Program → Read More
Shinzo Abe's Legacy as Prime Minister
On August 28th, Japanese Prime Minister Shinzo Abe announced that he would resign from his position after nine years in office. His resignation came only days after he officially surpassed the country’s previous record for the longest consecutive term in office for a prime minister. Citing health concerns, Abe also declined to endorse a successor to the position. He will serve until a… → Read More
Japan's Prime Minister Shinzo Abe Announces Resignation
Abraham Denmark, Asia Program Director: "Abe Shinzo’s resignation will have major implications not just for Japan itself, but also for the rest of East Asia and for the United States. Abe has been one of Japan’s most consequential Prime Ministers since the end of the Second World War. Under his leadership, Japan has taken on the role of geopolitical leader in East Asia and has withstood… → Read More
Doors Open to Potential U.S.-Taiwan Trade Negotiations, At Long Last
Trade tensions between Taiwan and the United States are hardly new, with agricultural barriers being the thorn that has persistently rattled both Republican and Democratic administrations. So Taipei’s decision on August 28 to lift import restrictions on U.S. pork and beef after years of dispute marks a breakthrough in bilateral trade relations. It’s a major step forward between the two sides,… → Read More
Reevaluating Japan's Economic Vision and Its Post-War Legacy
> Over the past 75 years, Japan’s model of growth has faced considerable challenges, and its shortcomings are all too apparent. At the same time, the legacy of the Pacific War on the economic front is that Japan’s policy choices have not just succeeded in lifting the country rapidly out of ruinous defeat, but have also provided a roadmap for a growth that has proved attractive to other… → Read More
Good Debt, Bad Debt, and COVID Debt
Not all debt is created equal, and that rule still stands at a time of a global pandemic. In an effort to stave off economic collapse as a result of the health crisis, industrialized countries worldwide have not shied away from taking on more debt. Together with aggressive monetary policy, the willingness of governments to spend more has kept the global economy from facing the collapse that some… → Read More
Asia’s New Economic Order in a Post-Pandemic World
How countries emerge economically from a post-pandemic world will be as great a challenge for leaders in 2020 as it will be for them to win the battle against the coronavirus today. Projections for growth in coming months are dire amid a standstill in both demand as well as supply worldwide. In Asia, the IMF projects no growth this year, the first time in 60 years that the world’s most populous… → Read More
Davos and Stakeholder Capitalism 2.0
When Klaus Schwab founded the World Economic Forum in 1971, his goal was to enhance corporate management so that all stakeholders, and not just shareholders, would come… → Read More
Realizing the Singapore-on-Thames Inspiration
The Conservative’s landslide victory in the latest UK elections led to a collective sigh of relief in the global financial markets. The win is expected to lead to… → Read More
Taiwan’s Economic Momentum for Regeneration
Uncertainties abound regarding trade relations between the United States and China, as the causes of tensions range from frustration over trade imbalances to grievances… → Read More
Beware Depending on Central Banks to Offset Trade Tension Costs
U.S. leadership in global trade and ensuring fair and open markets may be in question over the past two years. But when it comes to setting the tone in monetary policy,… → Read More
The Aftermath of a Lackluster G20
Risks to global growth still loom large, not least as trade tensions between China and the United States remain unresolved after the latest G20 summit. Yet the biggest… → Read More
Paying the Cost for U.S. Withdrawal from TPP
With bows exchanged to Japan’s newly enthroned emperor and a huge trophy awarded to the season’s sumo champion, President Trump’s latest visit to Tokyo was at… → Read More
Southeast Asia Stands to Gain Big on U.S.-China Frictions
The impact of the ongoing U.S.-China trade dispute has gone far beyond the borders of the two countries calling the shots. From the IMF to investment banks on Wall… → Read More
Eyeing the EU’s Overtures to China
Washington’s winters may or may not be harsher in recent years as a result of climate change. But in spite of all the concerns about weather pattern changes impacting… → Read More
The Dangerous Business of Defining Trade Threats
It’s been just over three decades since members of Congress smashed a Toshiba boombox with great fanfare on the footsteps of Capitol Hill in protest against the flood… → Read More