Japan’s New Economic Coverage Expert: An Englishman Who Restores Temples

TOKYO—Like numerous foreigners in Japan, David Atkinson has a several suggestions about how the location could be run greater.

But the former Goldman Sachs analyst is the only a single with the ear of the key minister and a coverage voice so impressive that some Japanese business enterprise leaders are having riled.

The 55-year-outdated Englishman is the lone foreigner amongst eight business enterprise authorities on the government’s financial technique council. He is the creator of 12 Japanese-language publications and divides his time among running a enterprise that renovates temples and shrines and giving policy guidance at conferences in which he reels off statistics.

Mr. Atkinson has lived in Japan due to the fact 1990, a couple of decades right after he graduated from Oxford University, and speaks Japanese fluently. At Goldman in the 1990s, he presciently warned that Japanese banks’ weaknesses have been endangering the economic climate. More not too long ago he has been identified as a strong advocate for boosting tourism.

His newest message is that fixing Japan’s economic stagnation commences with increasing the efficiency of its scaled-down firms. This month, the govt said it prepared to supply up to about $1 million to little or midsize organizations that merge or expand into new enterprise areas—a immediate consequence of Mr. Atkinson’s advocacy.