Yoshino, Naoyuki

Biography

Dr. Naoyuki Yoshino is Professor Emeritus at Keio University, Tokyo, Japan and until March 2020 was Dean of the Asian Development Bank Institute (ADBI). He obtained his PhD from Johns Hopkins University (United States) in 1979 where his thesis supervisor was Sir Alan Walters, economic adviser to former British Prime Minister Margaret Thatcher. Dr. Yoshino has been a visiting scholar at the Massachusetts Institute of Technology (United States) and a visiting professor at various universities including the University of New South Wales (Australia), Fondation Nationale des Sciences Politiques (France), and University of Gothenburg (Sweden). He has also been an assistant professor at the State University of New York at Buffalo and an economics professor at Keio University. Dr. Yoshino's professional career includes membership in numerous government committees. He was named Director of the Japan Financial Services Agency's (FSA) Financial Research Center (FSA Institute) in 2004 and is now Chief Advisor. He was appointed as Chair of the Financial Planning Standards Board in 2007. He has served as Chairperson of the Japanese Ministry of Finance's Council on Foreign Exchange as well as its Fiscal System Council (Fiscal Investment and Loan Program Section). Additionally, he has been a Board Member of the Deposit Insurance Corporation of Japan and President of the Financial System Council of the Government of Japan.

He was nominated for inclusion in Who's Who in the World for 2009 and 2013, and was named one of the Top 100 Educators in 2009. He obtained honorary doctorates from the University of Gothenburg (Sweden) in 2004 and Martin Luther University of Halle-Wittenberg (Germany) in 2013. He also received the Fukuzawa Award in 2013 for his contribution to research on economic policy. Since December 2018 he has been serving as the T20 Japan Supporting Co-chair during Japan's Presidency of the 2019 G20 meetings. He is also the Lead Co-chair of the T20 Infrastructure and Financing Task Force and advising on the handover to Saudi Arabia's presidency next year.

Departments
Asian Development Bank Institute
Position / Title

Dean and CEO, ADB Institute

Current research programs / themes
Infrastructure
Finance
SMEs
Small Medium Business
Last updated May 22, 2020


Results 1-10 of 106

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    Enhancing Financial Connectivity Between Asia and Europe: Implications for Infrastructure Convergence Between the Two Regions 

    Yoshino, Naoyuki; Hossain, Monzur; Taghizadeh-Hesary, Farhad (Asian Development Bank Institute, 2020-01-30)
    While discussing the enhancement of the connectivity between Europe and Asia, this policy paper explores a new area of cooperation, which is the use of European long-term investment funds in Asia’s infrastructure. We argue that, if Asian countries agree ...
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    Innovative Measures for Infrastructure Investments: Illustrating Land Trust Scheme and Spillover Effect 

    Yoshino, Naoyuki; Seetharam, K. E.; Miyazawa, Satoshi; Xu, Kai (Asian Development Bank Institute, 2019-12-30)
    In many Asian countries, land acquisition is one of the main challenges for infrastructure development which delays the completion of projects and lowers the rate of return of infrastructure investment. This paper investigates the potential application ...
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    How Does Population Aging Affect the Effectiveness of Monetary and Fiscal Policies? 

    Yoshino, Naoyuki; Miyamoto, Hiroaki (Asian Development Bank Institute, 2019-12-30)
    This paper studies how population aging affects macroeconomic performance and the effectiveness of macroeconomic policies. By using a new Keynesian dynamic stochastic general equilibrium model with heterogeneous households, we find that the effectiveness ...
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    Implementing Land Trust in Bangladesh as a Strategy for Financing Infrastructure and Sustainable Land Management 

    Hossain, Monzur; Yoshino, Naoyuki (Asian Development Bank Institute, 2019-11-30)
    As Bangladesh is a densely populated and land-scarce country, a land trust method can be applied in order to ensure productive and sustainable land management. We argue that land trust can be applied to managing agricultural land, khas land, real estate, ...
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    A Model for Calculating the Optimal Credit Guarantee Fee for Small and Medium-Sized Enterprises 

    Taghizadeh-Hesary, Farhad; Yoshino, Naoyuki; Fukuda, Lisa (Asian Development Bank Institute, 2019-11-30)
    Small and medium-sized enterprises (SMEs) have difficulties in accessing finance because of information asymmetry and a lack of collateral. A credit guarantee scheme is a suitable method to unlock lending to SMEs; however, it involves SMEs paying a ...
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    Assessment of Trade Integration Patterns Between the Russian Federation and East Asian Economies Using Panel-Gravity Framework 

    Rasoulinezhad, Ehsan; Taghizadeh-Hesary, Farhad; Yoshino, Naoyuki (Asian Development Bank Institute, 2019-11-30)
    This study is the first attempt to investigate the patterns of imports and exports between the Russian Federation and East Asian economies, namely, the People’s Republic of China; Hong Kong, China; Macau, China; Japan; the Republic of Korea; and Mongolia. ...
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    Modeling the Russian Federation - Asia and the Pacific Energy Trade 

    Rasoulinezhad, Ehsan; Taghizadeh-Hesary, Farhad; Yoshino, Naoyuki; Sarker, Tapan (Asian Development Bank Institute, 2019-09-30)
    Asia remained the largest market for energy sources in 2018. The Russian Federation has a clear vision to develop its Asian energy projects in order to provide a greater share of Asian energy imports. This paper models Russian Federation–Asia and the ...
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    Default Risks, Moral Hazard, and Market-Based Solution: Evidence from Renewable Energy Market in Bangladesh 

    Hossain, Monzur; Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad (Asian Development Bank Institute, 2019-09-30)
    This paper analyzes a unique case of default risks and associated factors of a solar home system (SHS) program in Bangladesh and, within that context, proposes a theoretical market-based solution to finance a renewable energy (RE) program. The paper ...
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    Remittance Inflows, Financial Inclusion, and Economic Development: An Empirical Analysis of the World Sample 

    Tu, Chuc Anh; Phi, Nguyet Thi Minh; Tuan, Le Quoc; Yoshino, Naoyuki; Sarker, Tapan; Taghizadeh-Hesary, Farhad (Asian Development Bank Institute, 2019-09-30)
    The main purpose of this paper is to empirically investigate the impacts of remittance inflows, financial inclusion, and economic development and whether inward remittances may help to construct an inclusive financial system. Using both endogeneity-robust ...
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    Inducing Private Finance to Water Supply and Inland Water Supply and Inland Water Transport Using Spillover Tax Revenues 

    Yoshino, Naoyuki; Abidhadjaev, Umid; Nakahigashi, Masaki (Asian Development Bank Institute, 2019-09-30)
    This paper discusses suggested ways to bring private sector finance into water supply and inland water transport. Typically, such water projects rely only on user charges as sources of revenues. For example, ships using inland waterways have to pay ...