日本語
College of International Relations  /
Department of International Relations

 (Male)
 HIDEAKI   OHTA  Professor

■Concurrent affiliation
Graduate School of International Relations
■Graduate school/University/other
03/1974  Shudo High School  Graduated
03/1980  University of Tokyo  Faculty of Economics   Department of Economics  Graduated
06/1981  University of Stockholm (Sweden)  International Graduate School (IGS)  International Graduate School (IGS) Diploma Course of IGS  Completed
06/1982  Graduate School, University of Cambridge  Master of Philosophy (MPhil)Course in Development Studies  MPhil in Development Studies (Quantitative Analysis Course)  Completed
■Academic degrees
Bachelor of Economics (03/1980 University of Tokyo)   Diploma of IGS (International Graduate School) (06/1981 University of Stockholm International Graduate School)   Master of Philosophy(MPhil) in Development Studies (Quantitatyive Analysis Course) (1982 University of Cambridge)   Ph. D. in Economics (03/2009 Kyoto University)  
■Career history
1982-1984  Engineering Consulting Firms Association (ECFA) Researcher
1984-1990  United Nations Industrial Development Organization (UNIDO), Area Programme Department, Area Programme Officer (Asia & Pacific)
1990-2004  Nomura Research Institute (NRI) Chief Economist
2004-2005  Nomura Securities Financial and Economic Research Institute Director
2005-2013  Professor (International Economics), Ehime University
04/2013-  Professor (International Relations), Ritsumeikan University
■Academic society memberships
Japanese Economic Association  
The Japan Society of International Economics  
Japan Society of Monetary Economics  
American Economic Association  
■Subject of research
Effects of Global Captal Flows on the macroeconomies and markets in the advanced and emerging/developing economies
Research on international financial and capital management and controls for stability of global financial systems)
International Financial Architecture; Economic Programs and management of the IMF and World Bank: Critical research on the conventional programs of the IMF and the relevant organizations especially on the fundamental models and frameworks of the programs.
Analyses on the Development Strategies to achieve long-term growth
Research on the effectiveness of Monetary Easing Policy in advanced economies
■Research summary
1. The effects of Capital flows on the macroeconomies in advanced/emerging economies  2. The Effects of Monetary Policy and Global Capital Flows 3. Current Trend and Perspective of the IMF ―Critical Changes in its Role and Mandate― and global financial architecture 4. Domestic Savings/Investment and captal flows vs. stable economic growth 5.Income distribution and economic growth

 1. The effects of Capital flows on the global economy and markets and policy for stabilization :Global capital flows have expanded significantly in the past decade, and it has affected macroeconomic stability and the volatility in the global markets. The study and research will be focused on (i) Microeconomic aspects of capital controls and management for emerging/ developing economies; (ii)Economic policy to achieve medium- to long-term stable growth; (iii)Policy measures for stability of the global economy and markets.
2. The Effects of Monetary Policy and International Capital Flows in Japan:
The domestic monetary policy in Japan has become less effective, and the effects of capital flows on the real economy as well as the domestic market have increased in the past decade (Ohta 2013). It is therefore important to consider the reality of the international environment in the market and to introduce appropriate policy measures for management and controls.
3.The IMF’s role and mandate as well as management: Current position and status of the IMF are to be critically reviewed in the changing current international financial system. There has not been any significant change in the management and operational methods in the programs, where very strict austerity measures have been implemented, that have resulted in the collapse of the governments, and the delay in implementation and/or cancellation of the programs in several countries in Europe. Thus, it is high time to examine the IMF in the long-term perspective. In this respect, the author has proposed a plan of radical change that the mandate of IMF to be concentrated in the global macroeconomic issues.
4. Domestic Savings/Investment: Importance of increasing savings rate for stable economic growth
5. Income distribution and economic growth: priscriptions for economic recovery and growth from the perspctive of income redistribution
■Research keywords
International Economy  International Finance  Open Macro Economics Economic Development  Emerging Economies  Asian Economy  IMF  World Bank 
■Research activities   (Even top three results are displayed. In View details, all results for public presentation are displayed.)

Books
「先進国の金融緩和策:世界市場・経済への影響」
『金融ジャーナル』  日本金融通信社  20-23  11/2016
the IMF and New International Financial System  日本経済評論社  08/2016
Capital Market and Rating Agencies in Asia: Structuring a Credit Risk Rating Model (Ch.4 India & Ch.7 Pakistan)  Yishitaka Kurosama (ed.)  Nova Science Publishers  65-114, 187-218  2012  978-1-1942-121-9
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Papers
Re-evaluation of Bank of Japan's Monetary Easing POlicy after the Global Financial Crisis  Hideaki OHTA  Rtisumeikan Review of Intrnational Studies  Vol.18, 1-43  11/2019
世界金融危機後における日本銀行の金融緩和政策の再評価  Hideaki OHTA  Ritsumeikan JOurnal of International Studies  32/ 2, 87-128  10/2019
New Facts on the ‘F-H Puzzle’ in OECD countries: The Effects of International Capital Flows on Domestic Savings, Investment and Growth  Hideaki OHTA  Paper for Japan Society for Monetary Economics, 2019 Spring Meeting  05/2019
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Research presentations
The Effects of International Capital Flows on Domestic Savings, Investment and Growth: Changes in the 'F-H Puzzle' in Emerging Economies,  2019 Annual Meeting of Japan Society of International Economics  09/28/2019
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.  Paper for Japan Society for Monetary Economics, Spring Meeting 2019  05/25/2019
Comment on Yeongseop RHEE氏’Short-sales and Foreign Investors’ behavior in the Korean Stock Market during the Global Financial Crisis’  Japan Societry for International Economics  10/21/2017
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Grants-in-Aid for Scientific Research (KAKENHI)
Link to Grants-in-Aid for Scientific Research -KAKENHI-
■Teaching experience   (Even top three results are displayed. In View details, all results for public presentation are displayed.)

Courses taught
2017  Advanced Seminar  Seminar
2017  IR-GR301 Advanced Seminar  Seminar
2017  IR-GR401 Graduation Thesis  Seminar
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Teaching achievements
【宇治】キャリアナビⅡ 学部紹介  10/2015-10/2015
学部説明(研究科説明会の一部)   09/2015-09/2015
グローバリゼーションと国際的経済の諸問題  10/2014-10/2014
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■Message from researcher
Importance of Globally oriented views and perspectives in understanding current global issues
 Current global economies have increasingly been dependent upon international capital flows, This is mainly due to massive inflows and outflows of money through international capital transaction, which have expanded tremendously in the last decade. Today every common people are influenced by the goods and services from foreign nations. Globalization has thus directly and indirectly connected to the international flows of goods and services, as well as money flows, and affect environment of advanced, emerging / developing economies.
I consider the issue on capital flows and management on the global economy, and the effects on the financial markets as one of the most important subjects for undertaking research on international economics. In this connection, it would be very important to propose concrete framework to realize a regime of stability through several appropriate measures schemes in the global economies and markets.
Students are thus encouraged to study and research international finance and economics from the global perspectives.
■Tel
075-466-3509
■E-mail
■Research keywords(on a multiple-choice system)
Economic Policy
Money/ Finance
International Economy
International Finance