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Paper Abstract and Keywords
Presentation 2024-07-29 13:55
How to conduct power electronics research and development to prevent national financial collapse
Daisuke Arai, Yu Yonezawa, Jun Imaoka, Masayoshi Yamamoto (Nagoya Univ.) EE2024-6
Abstract (in Japanese) (See Japanese page) 
(in English) This paper is a continuation of EE2023-62, EE2022-28, EE2022-14, EE2022-8, EE2021-56, and EE2021-50, which have been presented in series at the EE Group from 2022 to 2024. So far, we have given an overview of double-entry bookkeeping and balance sheets and explained that the issuance of government bonds denominated in a country's own currency does not cause a national financial collapse. We have also shown that the national budget should be prepared on the premise of the above and that the policies that power electronics industry should pursue can be seen through ideal fiscal management. However, the dominant discourse in Japan is still that the government will go bankrupt by issuing government bonds, and industrial policies are formulated based on this assumption, which only leads to reduce Japan's industrial competitiveness. In this paper, we will simulate a realistic national fiscal collapse. It will become clear that the collapse of national finances is not brought by the issuance of government bonds, but by the non-issuance of government bonds. Through the simulation of national financial collapse, we will also clarify the policy that power electronics industry should aim for.
Keyword (in Japanese) (See Japanese page) 
(in English) Double-entry bookkeeping / Balance Sheet / Government Bonds / Central Bank / Commercial Banks / Financial Collapse / /  
Reference Info. IEICE Tech. Rep., vol. 124, no. 140, EE2024-6, pp. 7-12, July 2024.
Paper # EE2024-6 
Date of Issue 2024-07-22 (EE) 
ISSN Online edition: ISSN 2432-6380
Copyright
and
reproduction		 All rights are reserved and no part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, or any information storage and retrieval system, without permission in writing from the publisher. Notwithstanding, instructors are permitted to photocopy isolated articles for noncommercial classroom use without fee. (License No.: 10GA0019/12GB0052/13GB0056/17GB0034/18GB0034)
Download PDF EE2024-6

Conference Information
Committee EE IEE-SPC  
Conference Date 2024-07-29 - 2024-07-30 
Place (in Japanese) (See Japanese page) 
Place (in English)  
Topics (in Japanese) (See Japanese page) 
Topics (in English)  
Paper Information
Registration To EE 
Conference Code 2024-07-EE-SPC 
Language Japanese 
Title (in Japanese) (See Japanese page) 
Sub Title (in Japanese) (See Japanese page) 
Title (in English) How to conduct power electronics research and development to prevent national financial collapse 
Sub Title (in English)  
Keyword(1) Double-entry bookkeeping  
Keyword(2) Balance Sheet  
Keyword(3) Government Bonds  
Keyword(4) Central Bank  
Keyword(5) Commercial Banks  
Keyword(6) Financial Collapse  
Keyword(7)  
Keyword(8)  
1st Author's Name Daisuke Arai  
1st Author's Affiliation Nagoya University (Nagoya Univ.)
2nd Author's Name Yu Yonezawa  
2nd Author's Affiliation Nagoya University (Nagoya Univ.)
3rd Author's Name Jun Imaoka  
3rd Author's Affiliation Nagoya University (Nagoya Univ.)
4th Author's Name Masayoshi Yamamoto  
4th Author's Affiliation Nagoya University (Nagoya Univ.)
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Speaker Author-1 
Date Time 2024-07-29 13:55:00 
Presentation Time 25 minutes 
Registration for EE 
Paper # EE2024-6 
Volume (vol) vol.124 
Number (no) no.140 
Page pp.7-12 
#Pages 6 
Date of Issue 2024-07-22 (EE) 

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