RIETI-CEPR Symposium "Exploring the New Capitalism" March 23, 2022)
[Panel Discussion 1: Climate Change and Economic Dynamism --Innovation for economic and planetary security]
00:00 Moderator: Richard BALDWIN (Professor of International Economics, Graduate Institute, Geneva)
00:46 Panelist: Rick VAN DER PLOEG (Research Fellow, CEPR / Professor of Economics and Research Director, Oxford Centre for the Analysis of Resource Rich Economies (OxCarre), University of Oxford)
16:41 Panelist: ONO Yuki (Representative, Hachidori Denryoku, Borderless Japan, Inc.)
28:13 Q&A
The Japanese government aims to realize a "new capitalism" based on the concepts of "Virtuous Circle of Growth and Distribution" and "Pioneering a New Post-Corona Society." In the new capitalism, the issues to be addressed include the decline in productivity and international competitiveness of the Japanese economy, as well as climate change and the intensifying international competition over technology.
In this symposium, European and Japanese experts will discuss the current debate on the new capitalism, "Climate Change and Economic Dynamism" and "Global Value Chains (GVC) Resilience in the Face of Geoeconomics Shocks," and explore ways to solve both global and Japanese problems.
Programs, and handouts are available at the RIETI website.
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