GLOBAL AGENDA

Where Japan has led, the western world has largely followed, with manufacturing losing competitiveness, financial sectors hitting trouble, technological change challenging old industries, and ageing demographies imposing heavy burdens on public finances and productivity. But Japan's early experience of these changes also means that some Japanese corporations and sectors have already begun the process of adapting.

Nobel Prize-winner Joseph E. Stiglitz and other eminent economists from the U.S. and Japan debate the future of the Japanese economy in the midst of a global economy in flux.

This year marks the 50th anniversary of the normalization of diplomatic relations between Japan and South Korea. The two countries are expected to play leading roles in maintaining security in a region where North Korea's nuclear program and China's maritime expansion are fueling tensions.

What should Japan do to enhance stability and prosperity in Asia-Pacific? What shouldn't it do? As the U.S. continues its "pivot" towards Asia, what does the Obama administration expect from Japan? China is increasing its presence across Asia, and challenging U.S. power in the region—what are its hopes for the future? Experts from Japan, China, and the U.S. discuss the best way forward for Asia, and how to bring it about.

For 70 years since the end of the Second World War, the economic order in Asia has centred around the US-Japan bilateral partnership. But recent years have seen major changes due to China’s emergence as a global power. What kind of economic landscape does China seek to establish in Asia? And what role should the US and Japan play in the formulation of a new economic order? Leading experts from Japan and the US discuss these issues.

In the seventh episode of this series, panellists tackle global warming: its social and economic effects, along with measures to halt climate change.