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WASEDA University Newsletter from WOL No.12 (2012-08-08)

Opinion Weekly Opinion

Japanese Government Bond and Greek Government Bond
- What Are Their Similarities and Differences?

Takao Kataoka
Professor, Faculty of Commerce, Waseda University

Almost every day, we hear dreadful news about Greece, a glorious country which was the root of the European civilization and where many philosophers appeared one after another. As Euro Member, Greece was required to keep its budget deficit no more than 3 percent of GDP and outstanding government debt no more than 60 percent of GDP. At the time of change of government in 2009, however, it was made public that its fiscal data had been dressed up, with the actual outstanding government debt as much as 130 percent of GDP.



Waseda University and Tsinghua University Joint Japan-China Investigation Design Workshop in the Disaster-hit Area:
Traditional Community Regeneration Focused on the Preservation of the Cultural Heritage of Otsuchi Town in Iwate Prefecture

The Waseda University Institute for Research on Reconstruction from the Great East Japan Earthquake/Research Institute for Integrated Approach to Urban Safety and Security with Natural and Cultural Heritage (Representative: Professor Takeshi Nakagawa, Faculty of Science and Engineering) will hold a proposal-based design workshop training course with Waseda University and Tsinghua University in Otsuchi Town, Iwate Prefecture in the Tohoku-Sanriku area which suffered damage as a result of the tsunami, earthquake and nuclear power accident.


Research Waseda Research Zone - Latest News on Project Research -

Internationalization of service businesses centered on the Asian market

Asian Service Business Research Institute

Many years have passed since the phrase "post-industrial society" was coined. It has been said that industrialization will be followed by a shift towards a service economy which will support economic growth in the 21st century. The industrial society of the 20th century focused on manufacturing to create numerous employment opportunities. It rapidly grew the economy through the production of goods, enabling a comfortable and rich lifestyle.


Education Study Abroad - From WASEDA to the world -

From WASEDA to France

Mizuha Suzuki
4th year student at the School of International Liberal Studies
Destination of Foreign Study: Paris Institute of Political Studies

I study at the Paris Institute of Political Studies, a famous European university in the field of social sciences. This specialized institute of higher education has produced French presidents and numerous officials employed at international institutions such as the United Nations (UN), International Monetary Fund (IMF) and the World Trade Organization (WTO). At the institute, I study international political science and economics based on public philosophy. The classes are small groups of elite students and many of the professors are government officials. This creates an ideal environment for study.


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