Global economic outlook Views on Japan and global developments Dec 2016


Dr. Paul Sheard, Executive Vice President and Chief Economist, S&P Global

We are pleased to welcome again S&P’s chief global economist, Dr. Paul Sheard, a noted and well-respected economist and Japan watcher now based in New York. He will give a wide-ranging presentation on the economic outlook for Japan and globally commenting on the following themes:

· Outlook for the US economy in the aftermath of the presidential election.

· Views on interest rates increases in the US.

· Impact of the Brexit referendum on the global economy.

· The new Bank of Japan policy course.

· Considerations of the effectiveness of negative interest rates in Japan and Europe

Paul Sheard is Executive Vice President and Chief Economist of S&P Global. He spearheads the company’s economic and market thought-leadership and engages with a broad range of market participants and external stakeholders. Teams led by Dr. Sheard provide the macroeconomic forecasts and macro-credit views used by S&P Global’s analysts during the ratings process, conduct fixed income research, and foster cross-divisional research collaboration. Dr. Sheard chairs S&P Global’s Academic Council and he helps to oversee the S&P Global Institute. He is also a member of S&P Global Ratings’ Executive Committee.

Previously, Dr. Sheard held chief economist positions at Nomura Securities and at Lehman Brothers and earlier he had been Head of Japan Equity Investments and Japan Strategist at Baring Asset Management in Tokyo.

Dr. Sheard speaks regularly at major conferences around the world and his views are frequently quoted in the international media. He was a member of the World Economic Forum Global Agenda Council on the International Monetary System in 2010-12 and is a member of the Bretton Woods Committee and of the Economic Club of New York. 

Earlier in his career, Dr. Sheard was on the faculty at the Australian National University (ANU) and at Osaka University, and was a visiting researcher at Stanford University and at the Bank of Japan. Author or editor of several books and numerous articles on the Japanese economy, Dr. Sheard won the SuntoryGakugei Prize in the Economics–Politics Division for his book, The Crisis of Main Bank Capitalism. 

Dr. Sheard received his bachelor’s degree from Monash University in Australia and a master’s degree in Economics and a Ph.D. from the ANU.



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