Wanted: Bank of Japan governor
もうガチャピンでいいじゃん、、、、、
【金融/人事】「求む！日銀総裁」と見出しをつけた社説を英Financial Times紙が掲載 [08/03/20]
1 ：本多工務店φ ★：2008/03/20(木) 21:44:07 ID:???
20日付の英フィナンシャル・タイムズは「求む！日銀総裁」と見出しをつけた社説を掲載し、
理想的な選択肢は市場から強い信任を得ている外部のマクロ経済を専門とするエコノミストだと主張した。社説は、財務官僚が日銀にパラシュートのように天下りすることは日銀の金融政策の独立性を低下させると批判、
民主党が受容できる黒田東彦・アジア開発銀行（ADB）総裁や、
渡辺博史前財務官は財務省出身ながら総裁空席の穴を埋める緊急性を考えればあり得る選択との見方を示した。ただ社説はより急進的な選択肢として、
優れたマクロエコノミストで、マーケットの気持ちを読め、
外交官と最高経営責任者（CEO）の能力を併せ持つ人物が、
最高の候補者だと指摘した。ソース：YOMIURI ONLINE
http://www.yomiuri.co.jp/atmoney/news/20080320-OYT1T00442.htm
ソースのソース：Financial Times
Wanted: Bank of Japan governor
http://www.ft.com/cms/s/0/a5356144-f61e-11dc-8d3d-000077b07658.html
Wanted: Bank of Japan governor
Published: March 20 2008 02:00 | Last updated: March 20 2008 02:00With the minor matter of an international financial crisis to deal with, finding a governor for the Bank of Japan might seem urgent. But the opposition Democratic Party of Japan is right to oppose nominees it sees as too close to the powerful Ministry of Finance. Markets are fragile, and a compromise candidate must be found quickly, but the ideal choice would be an outsider with strong credentials as a macroeconomist.
Yasuo Fukuda, Japan's prime minister, appears to believe that the same action can lead to a different outcome. After the opposition rejected Toshiro Muto, a law graduate from the University of Tokyo and former career civil servant with the Ministry of Finance, as Bank of Japan governor, Mr Fukuda put forward Koji Tanami, a graduate from the University of Tokyo and former career civil servant with the Ministry of Finance. The DPJ has opposed Mr Tanami in turn.
The politics of Mr Muto's nomination are unfathomable. Opposition parties control the upper house of Japan's parliament so picking a fight is risky and best pursued only on matters with strong public support. But to pick a fight, lose and then pick the same fight again is bizarre. Mr Fukuda's weak government now looks even weaker.
Mr Fukuda's choice appears to have been driven by bureaucratic tradition as much as anything else: MoF retirees of a certain level have tended to get jobs at institutions such as the Bank of Japan. But while finance ministries are natural recruiting grounds for central banks and vice versa, the semiformal parachuting of MoF officials into the BoJ reduces the independence of monetary policy.
The DPJ is therefore right to press for a stronger governor, and the candidates it finds acceptable - Haruhiko Kuroda, head of the Asian Development Bank, and Hiroshi Watanabe, a slightly more junior former MoF official - are hardly anti-establishment. Given the urgent need to fill the post, either would be possible.
But there is a case for a more radical choice. Governing a central bank is an unusual job: the perfect candidate must be a brilliant macroeconomist, a psychologist of the markets, a sure-footed public speaker, an international diplomat and an able chief executive. It is hard to find economists with the other skills, but also hard to find bureaucrats with a deep enough economic background to question their staff, rather than be led by them. The Bank of Japan would benefit from a governor able to challenge orthodox views.
One can argue that the lack of a governor does not matter: the Bank of Japan will still function, it is unlikely to change interest rates soon, and many important decisions are made by the Ministry of Finance. But at a time when new crises emerge on a daily basis, when confidence is fragile, and when the outlook for the Japanese economy is weakening, a vacancy at the top sends the wrong message. The government and the DPJ should agree on a candidate quickly. If Japan's cosy system of public appointments is shaken up in the process, so much the better.
http://www.ft.com/cms/s/0/a5356144-f61e-11dc-8d3d-000077b07658.html?nclick_check=1
