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The rise and rise of the BoJ’s Tadashi NunamiBy: Marie W. Conway Date Posted: 1999-10-01 Nunami worked in Tokyo at the BoJ after graduating from Tokyo University, one of the nation’s top universities. Thoroughly impressed by his credentials and his fluent English, the BoJ decided to send him to the United States to get his MBA at Wharton, one of the leading business schools in the world. After graduating with honors, he returned to Tokyo only to be sent to Washington, D.C. a few years later as a visiting scholar at the Brooking Institution. The BoJ wanted Nunami to start a new office in D.C., even though they already had a branch in New York. He successfully completed the project and became the first chief of the D.C. branch. Although Nunami moved to Okinawa in May of last year, he has found time in his busy schedule to learn how to play the sanshin and even won a competition after only two months of study. He also finds time to voluntarily give lectures to Okinawan university students about international economics and foreign exchange markets. When I asked Nunami what he thought was one of the major factors behind the downfall of some businesses in Japan, he said: "The private sector doesn’t stand on its own two feet and relies too heavily on the public sector." He concluded our short interview by saying he thinks the government wants to regulate the business transactions even though they don’t know much about how the private sector works. |
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