How Household Debt Affects Economic Growth

The Great Recession and its aftermath sparked a lot of rethinking about economics and economic policy. One recurring theme in this rethinking is the danger of debt. In “This Time Is Different,” a recent book that explores financial crises throughout history...

Japan Has Islamic Finance In The Pipeline

Japan is an emerging Islamic finance powerhouse and East Asian hub for the billion dollar Islamic finance industry. Naoki Nishida, President and CEO of Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad, explains the feeling of Japan towards Islamic finance and ...