Regional Finance
Instructor Fujiki Hideaki
Academic Year 2021Class Code XM22118101 Numbering code
Year of Study 1~3 Type of Class Lecture Credit 2
Schedule Fri7,Fall Campus OOTEMACHI Room Seminar room
Main Language Japanese Courses by instructors with practical experience Type-A
Subject category
Class frequency
Department for enrollment
【Sub-title】

Learn about the role of financial institutions in regional creation, and think about the finances behind regional projects.

【Course Purpose and Description】

Regional development has been a major issue from the high-growth period to now, but it have shifted with time. Finance (financial and fiscal conditions) that supports such regional development continues to undergo major changes, especially in the past twenty years after the end of the bubble period. In this kind of context, we will consider how to design finance to support the regional projects of the future.
After tracing the history of regional development, we will summarize and analyze the main regional development projects from a financial perspective. After that, we will summarize the transformation of the financial system, as well as local finance, over the last 20 years. We will then organize and analyze case studies and the fundamental topics of local project financing, etc. for the benefit of future regional projects.

【Learning Objectives】

Master the basic skills and ability to think in flexible and multi-faceted ways about the financing methods that support future regional projects.

【Schedule】

1. Introduction
2. Transition of regional development in Japan
3. Financial system reform and its impacts on regional finance
4. Relationship Banking and regional financial system reform
5. Government financial institution and public credit guarantees
6. Challenges facing local public finance
7. Regional financial institution and local governments (1)
8. Regional financial institution and local governments (2)
9. PPP / PFI and regional financial institutions
10. Regional financial administration reform and regional cooperation
11. Regional revitalization and regional finance
12. Regional financial institutions and industrial development (guest lecture)
13. Regional Revitalization, SDGs and Regional Finance
14. Future direction of regional finance
15. Report presentation by students, Summary
* This schedule is subject to change, in accordance with student interests, policy trends, and changes in social trends.

【Instructional Methods】

PowerPoint slides and related materials will be distributed in class.
Question and answer session will be held to enhance understanding of the current situation of regional finance, and make sure students think deeply about possible solutions.

【Self-study before/after classes】

Pre- and post-class study
Pre-class study: Search for questions and challenges regarding the content of the activities and business practices for the following week.
Post-class study: Consider the influences and effects of the results gained from each of the business practices and activities of the lecture.
Each of these should take around 30~60 minutes in total. It is recommended that graduate students in regular employment use and examine actual activities and business practices done in working hours.

【Methods of Evaluation and Grading Criteria】

Final paper (Topic: “Future regional projects being demanded and their financing methods.” Length: approximately 3 A4 pages)
Methods/criteria of evaluation:
To be based on the degree of contribution to the class (effective raising of issues, positive suggestions, etc.), and evaluation of the report from the following perspectives.
(1) Feasibility, practicality (2) Uniqueness, originality (3) Logic, simplicity

【Pre-requisites】

None.

【Textbooks】

No textbooks are used.

【Reference Materials】

Will be distributed as necessary.

【Related Study Fields and Courses】

Class "Basic Finance Theory"(Fujiki) on this course.

【Notes】

【File No.1】
【File No.2】
【File No.3】
【URLs】