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The New Global Financial Architecture Program

The program brings together distinguished finance and economics professors at Columbia Business School and other parts of the University with financial market participants in the United States and Japan, and, in principle, Europe and China as well. While the focus is on the United States and Japan, this necessarily is in the broader context of the global financial system and its other major players. Potential topics include, but are not limited to, financial system restructuring; development of national and international regulatory systems; effective governance, supervision, and monitoring; the operations of and interactions among specific financial markets; the relationships between finance and macroeconomic performance; and the nature and role of government and monetary policies.

The program begins with an initial three-year commitment and develops and grows substantially beyond that. Subject to funding, it will include two major conferences each year, one at Columbia University and one in Tokyo. An inaugural event,"Coping with Crisis: Financial Policy in the U.S. and Japan" was held at Columbia Business School on November 10, 2009, including Professors Heizo Takenaka, Director of the Global Security Research Institute at Keio University and Takatoshi Ito, Professor at The University of Tokyo as speakers. The program is also expected to include a series of workshops in which faculty and practitioners meet to discuss specialized topics and research; the development of joint research projects; and the development of new curricula by participating faculty based on the work of the program.

To support the program initially, CJEB provides seed money from its reserve fund for new programs and administrative resources. The Center will establish a special lead corporate sponsor funding category for this program and seeks a small number of appropriate sponsors prepared to make significant annual commitments for three years. We encourage anyone interested in getting involved in this program to contact Caroline Hasegawa, Director for Administration, at 212-854-5930 or


"Japan and the World Economy: Challenges Over the Coming Decade" Broadcast on NHK World in Early May

CJEB's recent seminar, "Japan and the World Economy: Challenges Over the Coming Decade" was broadcast on NHK World's program, Global Agenda on May 1st - May 2nd.

Click here to view the videos.

Click here to view a short summary report.

Click here for more details about the broadcast.

CJEB's Upcoming Annual Tokyo Conference

Our annual Tokyo Conference will be held on May 21st at Otemachi Financial City Conference Center. Our keynote speakers will be Mr. Yasuchika Hasegawa, chairman of Takeda Pharmaceutical Company, Ltd. and Professor Bruce Greenwald, Robert Heilbrunn Professor of Finance and Asset Management at Columbia Business School. Join us as we debate and discuss the changes of corporate governance in Japan.

For more details on this event, please click here.

2015-2016 "Mitsubishi UFJ Trust Scholarship” application for Columbia students is now open

For the academic year of 2015-2016, the "Mitsubishi UFJ Trust Scholarship” application is now open for Columbia students. The application deadline is February 27, 2015.

This Scholarship offers full tuition coverage for study in Japan. For more details, visit our website here.

Professor Takatoshi Ito Will Join CJEB As Associate Director Of Research In January 2015

CJEB’s research associate and long time friend, Takatoshi Ito, former dean of The University of Tokyo’s Graduate School of Public Policy (GraSPP) will join CJEB as Associate Director of Research and as a professor of international and public affairs at Columbia University’s School of International and Public Affairs (SIPA) in January 2015.

Read the official announcement from SIPA>

CJEB’s Annual Tokyo Conference, May 15th, ends in success

Our annual Tokyo Conference was held on May 15th at Otemachi Financial City Conference Center. With Governor Kuroda from the Bank of Japan and Dr. Adam Posen, president of the Peterson Institute for International Economics as keynote speakers, the conference gathered speakers and guests from a wide range of fields to discuss and debate the future of the Japanese Economy. The video and reports from the conference will be available soon on this website. The sold-out event was covered by multiple media sources.

Read Media Coverage>

Professor Patrick Co-edits New Book

Professor Patrick has recently co-edited a book with Professor Yung Chul Park, titled How Finance is Shaping the Economies of China, Japan, and Korea.

Read More >

CJEB Director Featured in Wall Street Journal

CJEB Director of Research Professor David Weinstein was featured in Wall Street Journal "CPI: noise Pollution at Low Altitudes."

Read More >

Upcoming Events

Stay Tune for CJEB's Upcoming Events!