Short Bio

Dr. Masahiro KAWAI
Professor, Graduate School of Public Policy, University of Tokyo
Representative Director and Director General, Economic Research Institute for Northeast Asia (ERINA)

Dr. Kawai holds a BA in economics from the University of Tokyo and an MS in statistics and a PhD in economics from Stanford University.

Dr. Kawai began his professional career as a Research Fellow at the Brookings Institution. He then taught as an Associate Professor in the Department of Political Economy of The Johns Hopkins University, and as a Professor of Economics at the Institute of Social Science of the University of Tokyo.
He also served as: Chief Economist for the World Bank’s East Asia and the Pacific Region; Deputy Vice Minister of Finance for International Affairs of Japan’s Ministry of Finance; President of the Policy Research Institute of Japan’s Finance Ministry; Special Advisor to the Asian Development Bank (ADB) President in charge of regional economic cooperation and integration; and Dean and CEO of the Asian Development Bank Institute (ADBI).
Dr. Kawai assumed his current position at the University of Tokyo in April 2014 and at ERINA in April 2016.

In addition, Dr. Kawai is also a Councilor of the Bank of Japan, a Senior Fellow at the Policy Research Institute of Japan’s Ministry of Finance, and Vice President of the Council on East Asia Community.

Dr. Kawai’s recent publications focus on Asian economic integration. He has published a number of books and more than 160 academic articles on open-economy macroeconomic issues, regional economic integration and cooperation, and the international economic system.

His recent co-edited books include:
· Trade Regionalism in the Asia-Pacific: Developments and Future Challenges (ISEAS-Yusof Ishak Institute, 2016).
· Monetary and Financial Cooperation in East Asia: The State of Affairs after the Global Financial and European Crisis (Oxford University Press, 2015);
· Rebalancing for Sustainable Growth: Asia’s Postcrisis Challenge (Springer, 2015);
· Transpacific Rebalancing: Implications for Trade and Economic Growth (Brookings Institution Press, 2015);
· Renminbi Internationalization: Achievements, Prospects and Challenges (Brookings Institution Press, 2015);
· A World Trade Organization for the 21st Century: The Asian Perspective (Edward Elgar, 2014);
· Reform of the International Monetary System: An Asian Perspective (Springer, 2014);
· The Political Economy of Asian Regionalism (Springer, 2014);
· The Global Financial Crisis and Asia (Oxford University Press, 2013);
· Monetary and Currency Policy Management in Asia (Edward Elgar, 2012);
· Implications of the Global Financial Crisis for Financial Reform and Regulation in Asia (Edward Elgar, 2012);
· Asia and Policymaking for the Global Economy (Brookings Institution Press, 2011);
· Asia’s Free Trade Agreements: How Is Business Responding? (Edward Elgar, 2011);
· Asian Regionalism in the World Economy: Engine for Dynamism and Stability (Edward Elgar, 2010);

Fields of Specialization

International economics, International finance, Monetary economics, Development finance, Asian economic integration, Global, Asian and Japanese economies

Academic Training and Professional Experience

(1) Date and Place of Birth
December 1, 1947 Born in Okayama Prefecture, Japan

(2) Academic Training
June 1971 : B.A. in Economics, University of Tokyo
June 1973 : M.A. in Economics, University of Tokyo
June 1976 : M.S. in Statistics, Stanford University, USA
September 1978 : Ph.D. in Economics, Stanford University, USA

(3) Ph.D. Dissertation
Title : nternational Investment in a World of Flexible Exchange Rates: A Microeconomic Perspective (September 1978).
Advisors : Ronald I. McKinnon, Lawrence Lau, Paul Evans.