Chris G. Pope
Email: ega07cgp@yahoo.com
Chris G. Pope is a full-time lecturer at the Faculty of Commerce, Fukuoka University, Japan, where he specializes on International Political Economy. Chris graduated from his Ph.D. program at the School of East Asian Studies, the University of Sheffield, where he wrote an award-winning dissertation and has since developed his research into the IPE, with a focus on the political economies of China and Japan. Chris has taught International Relations at the University of Sheffield and Kyoto Women’s University, and now teaches a wide variety of courses at Fukuoka University in Japanese—from the fundamentals of economics to the emergence of digital currencies—and has focused his research on new mechanisms of trade being developed in Central and East Asia. He is a speaker of English, Japanese, and Mandarin Chinese.
Papers Published in World Economics:
Reconciling with Two Decades of Quantitative Easing
Credit-based growth has been the cornerstone of industrialisation efforts among most of the world’s present-day advanced economies. This was premised upon the issuance of interest-free credit and/or the regulation of the flow of credit to favour investment in tangible capital formation over speculation. The quantitative easing measures carried out today have benefited mainly the ultra-rich and are unsustainable. As nations respond to inflation, there is high risk of a financial collapse. Central banks such as the Bank of Japan have little they can do within their current policy range to stop this. Japan needs demand for Japanese credit, for productive purposes. It is likely to find this in nations embarking upon credit-based growth to achieve industrialisation in the developing world. This would be a benefit to both the people of Japan and the developing world.
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