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Haruhiko_Kuroda abstract "Haruhiko Kuroda (黒田東彦, Kuroda Haruhiko, born 25 October 1944), is the 31st and current Governor of the Bank of Japan (BOJ). He was formerly the President of the Asian Development Bank from 1 February 2005 to 18 March 2013.Kuroda has been an advocate of looser monetary policy in Japan. His February 2013 nomination by the incoming government of Shinzo Abe had been expected. Also nominated at the same time were Kikuo Iwata — \"a harsh critic of past BOJ policies\" — and Hiroshi Nakaso, a senior BOJ official in charge of international affairs, as Kuroda's two deputies. The former governor, Masaaki Shirakawa, left in March 2013.\"There is plenty of room for monetary easing\" in Japan, Kuroda said in a February 2013 interview, adding that the BOJ could go beyond purchasing government bonds to include corporate bonds \"or even stocks\". The yen, which \"has fallen 10% against the dollar since Abe began his campaign in November\", also fell on the news of Kuroda's nomination. However, the new governor is \"expected to use his experience as Japan’s top currency official until 2003 to rebut overseas criticism that Tokyo is using easy monetary policy to drive the yen lower, triggering a war of competitive currency devaluation\". Bloomberg quoted Stephen Roach, a senior fellow at Yale University, as saying about Kuroda's goals: “It’s a strong pledge from a well-intended man, but I’m not convinced it’s going to work.\" When Kuroda was asked the same question in his assumption of office's press conference on March 21, Kuroda said the BOJ's role is to stabilize prices, and stabilizing exchange rates is the role of the Ministry of Finance. He also said that BOJ's \"Quantitative and Qualitative Monetary Easing\" policy does not intend to devalue, aiming to grow out of deflation by targeting inflation. Although there was opposition from developing countries, the policy was accepted by the other developed countries in the G20 summit. However, G20 members emphasized to Japanese policymakers that it must be used domestically while highlighting the importance of a Japanese effort to reduce government debt.In early 2016 after a stretch of global market weakness, Kuroda led Japan's move into negative interest rates. The BOJ had already pushed its balance sheet from 35% to 70+% of GDP since 2013 and was continuing to buy ¥80 trillion (over $600 billion) of securities each month. “Risks were growing that the slowdown in the Chinese, emerging and resource-producing countries, which has caused volatility and instability in financial markets since the beginning of the year, may hurt confidence among domestic [Japanese] companies,” Kuroda was quoted as saying at the time of the interest-rate cut.".
Haruhiko_Kuroda almaMater University_of_Oxford.
Haruhiko_Kuroda almaMater University_of_Tokyo.
Haruhiko_Kuroda birthDate "1944-10-25".
Haruhiko_Kuroda birthPlace Empire_of_Japan.
Haruhiko_Kuroda birthPlace Ōmuta,_Fukuoka.
Haruhiko_Kuroda office "31st Governor of theBank of Japan".
Haruhiko_Kuroda office "8th President of theAsian Development Bank".
Haruhiko_Kuroda office "Director General of the International Bureau (Ministry of Finance)".
Haruhiko_Kuroda office "Special Advisor to the Cabinet".
Haruhiko_Kuroda office "Vice Minister of Finance for International Affairs (Ministry of Finance)".
Haruhiko_Kuroda predecessor Masaaki_Shirakawa.
Haruhiko_Kuroda predecessor Tadao_Chino.
Haruhiko_Kuroda primeMinister Junichirō_Koizumi.
Haruhiko_Kuroda primeMinister Shinzō_Abe.
Haruhiko_Kuroda signature "Haruhiko Kuroda (黒田東彦) Signature in English 2014.png".
Haruhiko_Kuroda successor Takehiko_Nakao.
Haruhiko_Kuroda successor Zenbee_Mizoguchi.
Haruhiko_Kuroda termPeriod Haruhiko_Kuroda__1.
Haruhiko_Kuroda termPeriod Haruhiko_Kuroda__2.
Haruhiko_Kuroda termPeriod Haruhiko_Kuroda__3.
Haruhiko_Kuroda termPeriod Haruhiko_Kuroda__4.
Haruhiko_Kuroda termPeriod Haruhiko_Kuroda__5.
Haruhiko_Kuroda thumbnail Haruhiko_Kuroda_at_ADB_Philippines_(crop).jpg?width=300.
Haruhiko_Kuroda wikiPageID "34407996".
Haruhiko_Kuroda wikiPageLength "8747".
Haruhiko_Kuroda wikiPageOutDegree "43".
Haruhiko_Kuroda wikiPageRevisionID "706236367".
Haruhiko_Kuroda wikiPageWikiLink 2013_G-20_Saint_Petersburg_summit.
Haruhiko_Kuroda wikiPageWikiLink Abenomics.
Haruhiko_Kuroda wikiPageWikiLink Asian_Development_Bank.
Haruhiko_Kuroda wikiPageWikiLink Bank_of_Japan.
Haruhiko_Kuroda wikiPageWikiLink Category:1944_births.
Haruhiko_Kuroda wikiPageWikiLink Category:Alumni_of_the_University_of_Oxford.
Haruhiko_Kuroda wikiPageWikiLink Category:Governors_of_the_Bank_of_Japan.
Haruhiko_Kuroda wikiPageWikiLink Category:Hitotsubashi_University_faculty.
Haruhiko_Kuroda wikiPageWikiLink Category:Living_people.
Haruhiko_Kuroda wikiPageWikiLink Category:People_from_Ōmuta,_Fukuoka.
Haruhiko_Kuroda wikiPageWikiLink Category:University_of_Tokyo_alumni.
Haruhiko_Kuroda wikiPageWikiLink Currency_war.
Haruhiko_Kuroda wikiPageWikiLink Deflation.
Haruhiko_Kuroda wikiPageWikiLink Devaluation.
Haruhiko_Kuroda wikiPageWikiLink Empire_of_Japan.
Haruhiko_Kuroda wikiPageWikiLink Inflation_targeting.
Haruhiko_Kuroda wikiPageWikiLink Interest_rate.
Haruhiko_Kuroda wikiPageWikiLink Japanese_yen.
Haruhiko_Kuroda wikiPageWikiLink Junichirō_Koizumi.
Haruhiko_Kuroda wikiPageWikiLink Masaaki_Shirakawa.
Haruhiko_Kuroda wikiPageWikiLink Ministry_of_Finance_(Japan).
Haruhiko_Kuroda wikiPageWikiLink Quantitative_easing.
Haruhiko_Kuroda wikiPageWikiLink Reflation.
Haruhiko_Kuroda wikiPageWikiLink Shinzō_Abe.
Haruhiko_Kuroda wikiPageWikiLink Stephen_S._Roach.
Haruhiko_Kuroda wikiPageWikiLink Tadao_Chino.
Haruhiko_Kuroda wikiPageWikiLink Takehiko_Nakao.
Haruhiko_Kuroda wikiPageWikiLink University_of_Oxford.
Haruhiko_Kuroda wikiPageWikiLink University_of_Tokyo.
Haruhiko_Kuroda wikiPageWikiLink Zenbee_Mizoguchi.
Haruhiko_Kuroda wikiPageWikiLink Ōmuta,_Fukuoka.
Haruhiko_Kuroda wikiPageWikiLinkText "Haruhiko Kuroda".
Haruhiko_Kuroda almaMater University_of_Oxford.
Haruhiko_Kuroda almaMater University_of_Tokyo.
Haruhiko_Kuroda birthDate "1944-10-25".
Haruhiko_Kuroda birthPlace Empire_of_Japan.
Haruhiko_Kuroda birthPlace Ōmuta,_Fukuoka.
Haruhiko_Kuroda deputy "Hiroshi Nakaso".
Haruhiko_Kuroda deputy "Kikuo Iwata".
Haruhiko_Kuroda name "Haruhiko Kuroda".
Haruhiko_Kuroda nativeNameLang "ja".
Haruhiko_Kuroda office "31".
Haruhiko_Kuroda office "8".
Haruhiko_Kuroda office "Director General of the International Bureau".
Haruhiko_Kuroda office "Special Advisor to the Cabinet".
Haruhiko_Kuroda office "Vice Minister of Finance for International Affairs".
Haruhiko_Kuroda predecessor Masaaki_Shirakawa.
Haruhiko_Kuroda predecessor Tadao_Chino.
Haruhiko_Kuroda predecessor "Eisuke Sakakibara".
Haruhiko_Kuroda primeminister Junichirō_Koizumi.
Haruhiko_Kuroda primeminister Shinzō_Abe.
Haruhiko_Kuroda signature "Haruhiko Kuroda Signature in English 2014.png".
Haruhiko_Kuroda successor Takehiko_Nakao.
Haruhiko_Kuroda successor Zenbee_Mizoguchi.
Haruhiko_Kuroda termEnd "1999-07-08".
Haruhiko_Kuroda termEnd "2003-01-14".
Haruhiko_Kuroda termEnd "2013-03-18".
Haruhiko_Kuroda termEnd "January 2005".
Haruhiko_Kuroda termStart "1997-07-15".
Haruhiko_Kuroda termStart "1999-07-08".
Haruhiko_Kuroda termStart "2005-02-01".
Haruhiko_Kuroda termStart "2013-03-20".
Haruhiko_Kuroda termStart "March 2003".
Haruhiko_Kuroda title Bank_of_Japan.
Haruhiko_Kuroda title "President of the Asian Development Bank".
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