Survey says?
I’m not sure the English Mainichi editorial on the ongoing failure to get a new Governor General of the Bank of Japan approved is the best, but I like the graphic. The Xes need only boxes around them to look like the strikes on Family Feud back in the ’70s.
Efforts to fill the Bank of Japan governor’s position have gone back to square one, and the post remains vacant. The Bank of Japan stands at the core of Japan’s economic management, and its movements are watched closely overseas. Now, it has nobody at the helm. And politicians are to blame for creating such a situation.
The House of Councillors failed to approve the appointment of Koji Tanami, head of the Japan Bank for International Cooperation, following the rejection of earlier nominee, former BOJ Deputy Gov. Toshiro Muto. Both men formerly served as Administrative Vice-Minister of the Finance Ministry.
The government has appointed as deputy governors former BOJ executives Kiyohiko Nishimura and Masaaki Shirakawa, who is also a Kyoto University professor, with the latter to serve as the interim bank chief until a permanent posting is made.
There’s a meeting of G7 central bank governors in April. The Mainichi hopes, plaintively, that the BOJ has an actual chief by then.