5 July 2022
The political economy of inflation in Japan since the Ukraine War
The Ukraine War has exacerbated the global pressures of inflation on items from food to energy, with huge consequences for the political economies of the G7 and European countries. In this session, the speaker discussed whether Japan’s decades-long issues related to “deflation” going to be “solved” by inflation, and also addressed the risks and opportunities arising from this round of inflation, such as climate action, wage hikes, the pension system. Following this, he gave an overview of recent Chatham House events related to the Ukraine War, and then discussed the role of thinktanks in general.
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