Tuesday, 20th  April 2010, 12.00pm for 12.30pm

JETRO, MidCity Place, 71 High Holborn. London WC1V 6AL 
£12 for members and those introduced by JETRO
£18 for non members
Deadline for booking, Friday 16th April 2010

sandwich lunch  - 12.00pm
lecture – 12.30pm
end – 2.00pm

Well known commentator on financial and business matters, Andrew Smithers, will talk on a subject relevant to all of us and particularly to our two countries at this present time. The Japanese Chamber of Commerce and Industry in the UK is in association with the Japan Society for this event and its members are very welcome.

Japan and the UK have large debt problems in both the public and private sectors. One important difference is that Japan’s household sector is flush with cash while the UK’s is deeply in debt. Neither country will find it easy to reduce the overhang, but the negative impact on growth is more of a problem for the UK, with its inadequate level of national savings, than for Japan, with its excessive level of saving.

Andrew Smithers founded Smithers & Co., a leading advisor to investment managers on international asset allocation, in 1989. Before that, he was at S.G. Warburg from 1962 to 1989. He has been a regular contributor to The London Evening Standard and Sentaku Magazine, writes regularly for the Nikkei Veritas and his OpEd pieces are included periodically in the Financial Times. He is author and co-author of a number of well known books, the latest of which “Wall Street Revalued – Imperfect Markets and Inept Central Bankers”was published in July 2009.

We are grateful to JETRO for kindly hosting this event

 To book your place please contact the Japan Society office on tel: 020 7828 6330 or email: events@japansociety.org.uk. Please remember to state your company position when applying.