Guest Speaker Seminar
In conjunction with Sovereign Debt (Course No. 5123433 A-Semester 2016)
“Tracking Global Demand for Sovereign Debt”
Open to all students
Speaker: Mr. Takahiro Tsuda
Deputy Head of Research Division in Budget Bureau
Ministry of Finance
Monday, December 12, 2016, 16:50-18:35
Room 710, Administration Bureau Building 2
Facilitator: Prof. Toshiro Nishizawa
A recent series of turbulence in global economy offers a fresh reminder that dynamics of sovereign debt is determined by not only supply side but also demand side—”who holds sovereign debt.” In this seminar, Mr. Tsuda will share the key findings from the dataset on sovereign debt investor base that covers 24 advanced economies and 24 emerging economies, as well as policy implications, with a particular focus on less-commonly-known foreign investors’ behavior.
About the speaker: Takahiro Tsuda is a deputy head of research division in the Budget Bureau, Ministry of Finance. He is in charge of research on fiscal policy, macro-fiscal projection, and dialogue with international financial institutions and academia. Prior to the current position, he covered various international finance issues in the Ministry, including G7/G20 coordination, IMF, and bilateral cooperation with China and India. He also worked for IMF as financial sector expert during 2010-13 and developed a methodology to estimate a sovereign debt investor base dataset. He is a CFA charter holder.