OHTA, Hideaki

Programs and Languages

  • japanese|english|

Specialization/Discipline

International Finance, International Economics, International Development Finance, Development Macroeconomics, Regional/Global Economies

Research Topic

1. Empirical and theoretical analyses on the effects of international capital flows, including ’Capital Account Crises’

2. Framework and measures for capital and financial management and controls

3. The programs of Bretton Woods Organizations (IMF, World Bank)

4. Stabilization of international financial systems/ architectures

5. Policy measures for sustainable and stable economic development and growth

6. Monetary policies in the context of international monetary and financial economics


Message for Applicants

Major lectures/ seminar courses include International economics and monetary affairs, development economics, as well as international political economy. My interests in economics are not only confined to international economics and monetary economics, but also analyses on the Japanese economy and the advanced and emerging economies as well. I myself has experienced in working as a staff member of United Nations Industrial Development Organization (UNIDO) and an economist at a private think tank (Nomura Research Institute), during which I visited so many countries globally, over 55 countries. I have acquaintances with academic scholars and important persons in several relevant organizations/ institutions in the public and private sectors globally. I have undertaken several study tours to visit the UN/International organisations, government institutions in the US, Europe and Asia for students. In September 2017、an intensive programme of study visits in Tokyo was undertaken, and we visited relevant organizations including, UNDP. UNIDO, ILO, UNHCR, Ministry of Finance, Ministry of Foreign Affairs, JETRO, JICA, JBIC, Japan Credit Bureau, Nomura Research Institute (NRI).

Since 2017, the GSIR has undertaken ‘Tokyo Study Program’ (3 days program in Tokyo). 
The Program is designed for those students who would like to learn and study on the current activities / 
functions of several UN / International organizations as well as governmental and other relevant organizations. 

The program includes study visits to several organizations/ institutions in Tokyo as follows:

[UN/ International Organizations]
  UN University/ UNIDO/UNHCR/ World Bank/ IMF/ ADB/ ADB Institute
[Governmental Organizations]
  Ministry of Foreign Affairs/ Japan International Cooperation Agency (JICA)/ Japan Bank for International Cooperation (JBIC)/ 
Japan External Trade Organization (JETRO)
[Relevant Organizations]
 Nomura Research Institute (NRI) / Nomura Institute for Capital Research 
 Japan Credit Rating Agency (JCR)/ Japan Credit Agency (JCR)

Advised Master’s Thesis (Last 5 years)

  • Exploring the Development of the Tea Manufacturing Industry in  Nepal
  • Diversification of the Industrial Sector in Mongolia: Development of Value-Added Production in the Cashmere Industry
  • Development Strategies of Border Yunnan Province of China – A Case Study of Ruili City in Sino- Myanmar Border
  • Escaping the Middle-Income Trap: The Case of Malaysia-Challenges and Way Forward
  • Effectiveness of Capital Management and Controls in Iceland: Quick Recovery in the Post-Global Financial Crisis
  • SUSTAINABLE ECONOMIC DEVELOPMENT IN VIETNAM: LESSONS LEARNT FROM THE EAST ASIAN EXPERIENCES
  • Improvement of the fiscal management of public investments in the Kyrgyz Republic
  • Exploring the Development of the SMEs in Gansu Province
  • Improvement in Export through Promotion of the Carpet Industry in Nepal
  • The Obstacles of Small and Medium Sized Entrepreneurs (SMEs) Finance in Lao PDR Case Study: SME Finance in Vientiane Capital
  • Effective Measures for Tax Collection: Study of Micro, Small, and Medium Enterprises (MSMEs) in Banyumas Regency, Indonesia 
  • The Use of Accounting Information on Small and Medium-sized Enterprises (SMEs) in Lao PDR   Case Study: Manufacturing SMEs in Vientiane Capital City
  • Developing Business Plans in Lao SMEs 
  • Tourism and Economic Growth in Nepal: A study on the prospects and challenges of tourism & economic growth
  • Factor Affecting the Nonperforming Loans in Microfinance Institutions in Lao PDR

Advised Doctoral Dissertations

  

  •  Regional Value Chains and the Japanese Automotive Production Network in Southeast Asia (日本企業によるASEAN自動車生産ネットワーク構築と地域ヴァリューチェーン(RVC)の変化) 
  • Domestic Savings Mobilization: A Tool for Closing Investment-Savings Gap in Lao PDR(ラオスにおける国内貯蓄の活用-貯蓄・投資ギャップ解消に向けた考察と提言-)
  • Public debt sustainability for development in Vietnam 
  • Analysing the information communication technology diffusion to ASIAN economic growth: empirical evidence from the 2000-2018 period 

[Papers/Publications]

• IMF: Its mission and failures*, Chuo Koron Shinsha, September 2009

• International Monetary Fund (IMF): Tasks and Failures*(2009, Chuo Koron Shinsha Pub.)* in Japanese

•Economics of Capital Management and Controls*(2012, Nihon Hyoronsha Pub.)

•Capital Market and Rating Agencies in Asia: Structuring a Credit Risk Rating Model [Ch.4: India; Ch.7:Pakistan; Ch.10: Philippines], Nova Science Publishers, N.Y. 2012

• Economics of Capital Controls*, Nihon Hyoronsha Pub., 2012

• Impact of Increasing Capital Flows on the Real Economy and Financial Markets in Japan: Ineffectiveness of Monetary Policy Instruments, Ritsumeikan Annual Review of International Studies Vol.12, 2013

• Evaluation of Monetary Easing Policy in Japan: Integration between the US and Japanese Markets, Working Paper Series, The International Studies Association of Ritsumeikan University, IR2014/ 3, 23, September 2014

• IMF and New International Financial Regime*, Nihon Keizai Hyoronsha Pub., 2016

•IMF and International Financial Regimes*(2016, Nihon Keizai Hyoronsha Pub.)

• The Effects of International Capital Flows on Domestic Savings, Investment and Growth: Facts on 'F-H Puzzle' in OECD and Emerging Economies, Ritsumeikan Annual Review of International Studies Vol. 14, January 2016

• Effects of Monetary Policies in the Advanced Economies on Emerging Market Economies*, International Economy Vol.66, Japan Society of International Economics, October 2016

• Evaluation of the Effects of Capital Inflows on the Real Economy and Monetary /Financial Sector in Indonesia: Lessons from the Post-IMF Policy Reform on Capital Account Management and Controls, Ritsumeikan Annual Review of International Studies, Vol.15, 27-62 December 2016

• Economic Growth through Distribution of Income in Japan: Road to Stable Economic Growth with Progressive Income Tax System, Ritsumeikan Journal of International Studies Vol. 30 No.1, 81-111, June 2017

• Why the monetary easing under 'Abenomics' has been ineffective in recovery of the Japanese economy? Integration of the markets between the US and Japan, Ritsumeikan Annual Review of International Studies, No.16, 37-66, December 2017

•The Effects of Bank of Japan’s Monetary Easing Policy on the Economies   and Markets in China and Hong Kong*, Ritsumeikan Journal of International Studies, Vol.31    No.1:133-178. 2018 * in Japanese

•Re-evaluation of the Bank of Japan's monetary easing policy after the Global Financial Crisis, Ritsumeikan Annual Review of International Studies, Vo.18:1-42, 2019  

•New Facts on the ‘F-H Puzzle’ in OECD countries: The Effects of International Capital Flows on Domestic Savings, Investment and Growth, Paper for Japan Society for Monetary Economics, Spring May 2019.

•The Effects of International Capital Flows on Domestic Savings, Investment and Growth: Changes in the 'F-H Puzzle' in Emerging Economies, Paper for Japan Society of International Economics, September. 2019

 ’Effects of Monetary Easing Policy in Japan on the Markets in Hong Kong and China after the Global Financial Crisis’ Ritsumeikan Annual Review of International Studies Vol.19 2020

•Failure of the IMF Programme for Argentina and Importance of Capital Flow Management and Controls, Ritsumeikan Journal of International Studies*, Vol.32 No.4, March 2020

'The consequences of labour market liberalisation and non-regular employment: the ‘lost 30 years’ of the Japanese economy’ Ritsumeikan Annual Review of International Studies NO.21, October, 2022

Successful Capital Controls under the IMF programme in Iceland, The Ritsumeikan Journal of International Studies,   Vol.36-2,  October, 2023

[Presentations/ Chairs]

• ‘Ineffectiveness of the BOJ’s Monetary Easing Policy and the US Market’ Special Session organized by the Faculty of Political and Social Sciences, Gadjah Mada University (Indonesia), September, 2014

• [Institute of International Studies Discussion Series, Gadjah Mada University] ‘Effects of Monetary Easing Policy in the US and Japan on Emerging Economies: Challenges to Control Risks and Crises under International Capital Flows’, December, 2015

• [ASEASUK (Association for Southeast Asian Studies in the United Kingdom) Conference 2016] ‘Evaluation of the Effects of Capital Inflows on the Real Economy and Monetary/Financial Sector in Indonesia’ September, 2016

• 【Japan Society of International Economics 75th Annual Meeting】’International Macroeconomics Session Chair: ①On the Stabilization Effect of progressive Tax in a Small- Open Economy with Endogenous Growth ②Limited Asset Market Participation and Capital Controls in a Small Open Economy③Does Foreign Aid Cause “Dutch Disease”: Case of CLMV Economies, October 2016

• 【Japan Society of Monetary Economics 2017Spring Meeting】’Why Abenomics has been failed: Evaluation on the Effectiveness of Monetary Easing Policy’, May 2017

• 【Japanese Economic Association 2017 Spring Meeting】’Why the Quantitative and Qualitative Monetary Easing (QQE) has been failed in recovering the real economy in Japan?: BVAR based Analysis on the US/Japan markets and economies’, June 2017

• Why the ‘Abenomics’ has been failed in Recovery of the Economy in Japan? Analysis on the US/ Japanese Markets and Economies through BVAR, FTU and Ritsumeikan University Workshop for PhD and Undergraduate English Taught Students, Foreign Trade University, Hanoi (Vietnam), September 2017

•[Japan Society of International Economics 2019 Spring Conference] ’ New Facts on the ‘F-H Puzzle’ in OECD countries: The Effects of International Capital Flows on Domestic Savings, Investment and Growth’, May 2019

•[Japanese Economic Association 2019 Spring Conference] ‘Re-evaluation of BOJ’s Unconventional Monetary Policy after the Global Financial Crisis: Comprehensive Monetary Easing vs. Quantitative and Qualitative Monetary Easing’ June 2019

•[Japan Society of Monetary Economics 2019 Autumn Meeting] ‘The Effects of International Capital Flows on Domestic Savings, Investment and Growth: Changes in the 'F-H Puzzle' in Emerging Economies’ September, 2019 

[韓国国際経済学会]'Effects of Monetary Easing Policy in Japan on the Markets in Hong Kong and China after the Global Financial Crisis’ December, 2020

•[The Japan Society of International Economics The 80th Annual Meeting]'Capital Flow Management and Controls under the IMF Programme in Iceland', October. 2021

•[The Japan Society of International Economics the 11th Spring Meeting]'New facts about the F-H Puzzle: its impact on domestic savings and investment rates since the Global Financial Crisis' June,2022

•[Korea Money and Finance Association]'Effects of Monetary Easing Policy in Japan on the Markets in Hong Kong and China after the Global Financial Crisis’ June, 2023

[日本国際経済学会] Effects of Monetary Easing Policy in Japan on the Markets in Hong Kong and China after the Global Financial Crisis, October, 2023

[American Economic Association] Analysis of the Bank of Japan’s Monetary Easing Policy since the 2000s Jane, 2024