Richard C. Koo

Dec 2, 2024 | ineteconomics.org | Richard C. Koo

Why ruling parties were defeated in US and Japanese elections Big political changes are afoot in Japan, the US, and Europe. The US and Japan held national elections in the past few weeks, and in both cases the ruling party suffered a major defeat, creating heavy uncertainty over economic policy. In Germany, meanwhile, the withdrawal of the Free Democrats Party (FDP) from the three-party coalition has left the government in a predicament.

Oct 15, 2024 | csis.org | Richard C. Koo |William Reinsch |Scholl Chair

The Dollar and Social Divisions in the United StatesRichard C. Koo, Senior Adviser (Non-resident), Office of the PresidentBackgroundDivisions within U.S. society and politics are reaching truly alarming levels. One such division, which Donald Trump correctly recognized and capitalized on, is the division between those who benefitted from free trade and those who were hurt by it.

Nov 20, 2023 | piie.com | Nicolas Véron |Richard C. Koo |Guo Kai

Richard C. Koo coined the expression “balance sheet recession”—when individuals and companies focus on restoring their solvency, with detrimental effects on the overall economy—in the context of Japan's "lost decade" of the 1990s. Is it an apt template for what is unfolding now in China? Joining this episode of Financial Statements are:HOSTNicolas VéronSenior Fellow, Peterson Institute for International Economics (PIIE)GUESTSRichard C.

Apr 26, 2023 | marketwatch.com | Richard C. Koo

About the author: Richard C. Koo is chief economist at the Nomura Research Institute. He's the author of Pursued Economy: Understanding and Overcoming the Challenging New Realities for Advanced Countries, published by Wiley. The collapse of Silicon Valley Bank sent shock waves through U.S. and global markets.