ISET would like to thank the Japanese embassy for organizing and sponsoring our latest public lecture, graciously arranged by ambassador Akira Imamura. The ambassador kindly addressed the audience and offered his introductions to Professor Masahiko Takeda, who went on to pose a captivating presentation on the history and future of the Japanese economy. Reviewing the transition of the Japanese economy, from the perspective of a lead economist and educator, Professor Takeda neatly highlighted the history, economic development, and prospects of one of the most technologically advanced nations.
Japan suffered heavily after the Second World War, but after stabilizing hyperinflation, unlike many Western nations, the country was able to redouble its growth; and by 1968 Japan had bounced back from the trails of war and even held the second largest GDP in the world. Consequently, the country was able to preserve its traditions during challenging times.
Our latest news comes from ISET resident lecturer and researcher, Professor Muhammad Asali. Recently, Professor Asali joined a group of prominent economists from around the world and took part in the 140th annual conference of the Western Economic Association International (WEAI). The conference platform is available here: WEAI online).
On the 19th of March, Muhammad took the role of chair in a review and discussion on various facets of Uncertainty and Risk. He was joined by peers from the economics world, including the authors of related papers, from the University of Wisconsin, the University of Maryland, and Koç University in Istanbul.