The Present State and Prospects of the Indian Economy and Economic Policies
Senior Economist Mizuho Research Institute Ltd. (Research Department-Asia)
In India, where the term of office of legislators in the Lower House will expire in May 2019, the general election campaign that has already started is evolving around, among other issues, on the Modi administration's economic management. While China, which has driven the world economy, now suffers from a lowering growth rate, the Indian economy, which is the second largest after China among the emerging economies, is attracting overseas attention. This paper is intended to examine the Indian economy, focusing on the Modi administration's economic policies. Section 1 will summarize India's economic overview and review the economic history of India after Independence; Section 2 will analyze economic trends and policy trends under the Modi administration, and Section 3 will discuss the future prospects of the Indian economy and its economic policies.
1. India's economic overview and the Indian economic history after Independence
(1) India's economic overview
The population of India as of 2018 is 1,136.9 million (IMF estimate1). It is the second largest in the world after China's 1,390.1 million, and about ten times larger than that of Japan. According to a United Nations forecast2, the population of India will continue to increase, to exceed that of China in the first half of the 2020s, and will reach a peak of 1,680 million around 2060.
India's nominal GDP is 2.6 trillion dollars (IMF estimate) in 2017, sixth in rank in the world after the United States (19.4 trillion dollars), China (12.0 trillion dollars), Japan (4.8 trillion dollars), Germany (3.7 trillion dollars), and the United Kingdom (2.6 trillion dollars) --- following on the heels of that of the United Kingdom, India's former suzerain state. The IMF estimates that India will overtake the United Kingdom in 2019, in terms of nominal GDP.
India's nominal GDP per capita is 1,976 dollars in 2017 (IMF estimate), far behind Japan's 38,449 dollars and China's 8,643 dollars. Compared with major emerging countries in Asia, it is somewhat lower than Vietnam's 2,353 dollars. In the World Bank's World Development Indicators that classify countries based on nominal GNI per capita (GDP plus income from overseas)3, India ranks as a "lower middle income country" along with the Philippines, Indonesia, Vietnam, etc., while Japan ranks as a "high income country" and China as an "upper middle income country."
When it comes to India's industrial structure, the primary industries account for 17% of the 2017 nominal GDP, the secondary industries 29% (manufacturing industry: 17%, the rest: mining, construction, etc.), and the tertiary industries 54%.4 Compared with Asian countries of the same level of development, a feature of India's industrial structure is that the ratios of the primary and tertiary industries are high, while that of the secondary industries is low. India's tertiary industries, represented by IT-related high-tech services, include various businesses such as distribution, finance, and real estate, to name a few.
Looking at the composition of India's exports, the largest item is jewelry and precious metals. Businesses that import raw ores and re-export polished and processed products using inexpensive labor force are active.5 Next come exports of textiles and agricultural and marine products. Generally speaking, India is competitive in exports of labor intensive or low value added merchandize.
(2) The economic history of India in the post-Independence era6
Looking back at the years after Independence in 1947, the initial INC (Indian National Congress) administration adopted a socialist planned economic system. The industrial licensing system, one of its major policy measures, allowed government-licensed corporations alone to engage in business activities, in order to protect existing domestic industries. Due to the rigid economic system, the Indian economy stagnated and the yearly growth rate lingered at around + 3% --- this situation mocked as "Hindu growth rate" continued until the 1970s.
In the 1980s, partial economic liberalization began under the INC administration. The industrial licensing system was relaxed and foreign capital companies were allowed entry. For example, it was in 1982 that the Suzuki Motor Corporation of Japan entered the Indian market.
When the Gulf War broke out in 1990, homeward foreign currency remittance from Indian migrant workers in the Gulf area declined, and in the following 1991, an economic crisis took place, where India's foreign reserves dropped to a critical level of covering payment for just two weeks' imports.
The 1991 crisis marked a turning point for economic liberalization in India. As if pushed from behind by the crisis, the then INC administration led by Prime Minister Rao implemented a big bang type of economic reform. Finance Minister Singh took control of the reform, abolishing the industrial licensing system. Afterwards, Prime Minister Vajpayee from the Indian People's Party (BJP), who first assumed power in 1998, took various measures, including the promotion of IT industry.
Due to these efforts, India's economic growth rate rose, and it began to stay at around + 7% from the latter half of the 1990s. In 2003, the US investment bank Goldman Sachs coined the acronym "BRICs" made up of each initial letter of Brazil, Russia, India and China, and India was included as one of such remarkably developing emerging countries.
When the INC returned to power in 2004, Dr. Singh, who took control of the 1991 economic reform as finance minister, was sworn as prime minister. Expectations increased for continued reform. In his first term, the Indian economy registered a high growth of +8% to +10%; however, in his second term from 2009 the ruling coalition party failed to maintain its majority in the Lower House, weakening its power base. As a result, the government's economic policy lost momentum and the Indian economy deteriorated. The Indian economy suffered from a declining growth rate, an upswing in inflation, and twin deficits in the fiscal balance and the current account. In 2013, the economy was hit by a sharp depreciation of the rupee. It was this year that India, which had been praised as a major "BRICs" player, was designated as part of the "Fragile 5", along with Turkey, South Africa, Brazil and Indonesia, all of which faced a sharp currency depreciation around the same time.7
At the time of the General Elections for the Lower House in 2014, the deterioration of the economic situation prompted momentum toward a change of government. As chief minister of the Gujarat state, Narendra Modi had earned a reputation for his successful economic reforms. The BJP fought the General Elections to elect Modi as prime minister of the country, and won a historic victory by securing the majority in the Lower House by a single party for the first time in 30 years. Prime Minister Modi came up with a policy guideline nicknamed "Modinomics." The public had high expectations for Modi to implement such a big bang type reform as in 1991, utilizing his strong political power base.
2. The Indian economy and economic policies under the Modi administration8
This Section will analyze trends of main economic indicators under the Modi administration, based on economic indicators, and will discuss the administration's economic policy management related to the trends.
(1) Economic growth rate
India's economic growth rate per annum was +6.4% toward the end of the Singh administration (2012-14). It rose to +7.4% under the Modi administration (2014-present). If considering the long-term average growth rate to be the potential growth rate, it is assumed that India's potential growth rate has increased by 1% PT under the Modi administration compared with the last days of the Singh administration.
Looking at item-wise demand growth rates, growth in investment and consumption has been accelerating since the inauguration of the Modi administration. The growth rate rose thanks to increasing domestic demands. In contrast, growth in exports rather slowed down.
As background of investment growth under the Modi administration is the improvement of the investment environment in India. The Modi administration worked on the improvement of the investment environment, adopting the World Bank's Ease of Doing Business Index as a benchmark. This index evaluates scores of ten business regulations, such as the ease of starting up businesses and the ease of acquiring construction permits, for 190 countries. Although the index for India at the transition period from the Singh to the Modi administration ranked 130th to 140th in the world, it rapidly rose to the 100th place in 2016-2017. In the latest 2018 survey, India ranked 77th.9 For example, the Modi administration's efforts to utilize IT in business were highly evaluated --- electronic payment of employees' provident fund, online construction permits and online trade procedures.
The Modi administration's economic policies to ensure its certainty have encouraged corporations to implement their long-term investment plans. Toward the end of the Singh administration, the INC to which the prime minister belonged was unable to take leadership in the multi-party coalition government. The media criticized the administration for its "policy paralysis" fraught with frequent policy revisions. Meanwhile, the Modi administration worked on policy management under the personal leadership of the prime minister, taking advantage of the coalition structure where the BJP dominating the majority in the Lower House subjugates smaller parties. According to the economic policy uncertainty index developed by a US research institute "Economic Policy Uncertainty," the certainty of economic policies has improved under the Modi administration compared with the Singh administration.10
(2) Inflation rate
India's consumer price index (CPI) growth rate marked two-digit values on year-on-year basis toward the end of the Singh administration (2012-2013). Under the Modi administration, it turned stable in the inflation target range + 4% ± 2% of the Reserve Bank of India (India's central bank, hereinafter as RBI). As of January 2019, CPI growth rate was + 2.1%. The stabilization of the inflation rate contributed to the expansion of consumption as mentioned above.
Looking at the breakdown of CPI growth rate, each commodity item has slowed its price growth compared with the era of the Singh administration. Especially, food prices are notable in their stability. Price growth has slowed down across major foodstuffs such as grains, vegetables, meat, fish, and beans --- a staple food in India.
To bring about price stability, the Modi administration began with the reform of the agricultural distribution system. The Government of India has a program where the government buys agricultural products at a Minimum Support Price (MSP) for the purpose of distribution to the poor. Agricultural products purchased at MSP will be sold to the poor at a price lower than MSP; the loss margin accruing from such transaction will be compensated by the government finance. The Singh administration increased the MSP in a great measure to secure incomes for farmers and caused price hikes of agricultural products in the general secondary market. Meanwhile, the Modi administration checked the hike in the MSP to curb the fiscal deficit, and as a result prevented inflationary pressures on the secondary market.
As another step to stabilize prices, the Modi administration reformed the management of monetary policies. The RBI practically introduced the inflation target just before the inauguration of the Modi administration. The new administration officially approved it. Furthermore, the Modi administration amended the Reserve Bank of India Act and transferred the authority to determine the policy rate from Governor to a six-member monetary policy committee (MPC) including the Governor. The formal adoption of an inflation target and MPC policy decision system intensified the independence of the RBI and the transparency of monetary policies, resulting in the suppression of inflation expectations.11
(3) Fiscal balance12
The budget deficit to nominal GDP ratio increased to 6% during fiscal 2008-2009 under the Singh administration, and lingered in the latter half of 4% range in 2012-2013 toward the end of the Singh administration. Under the Modi administration, the ratio in question began to fall and went down to a projected 3.4% in fiscal 2018. Nonetheless, India's financial restoration is considered to be still half-way, because the budget deficit to nominal GDP ratio has not yet reached a targeted goal of 3%, as stipulated by the Fiscal Responsibility and Budget Management Act.
India's fiscal deficit has been reduced, in accordance as the ratio of tax revenue to GDP has increased. Since the Modi administration has not implemented any particular tax increase, effective tax collection may be credited with the decrease of the fiscal deficit. For example, official tax collectors will be remunerated when they detect tax evasion cases. In July 2017, the government implemented a tax reform to introduce a unified Goods and Services Tax (GST), abolishing the indirect tax system across the country, which differed from state to state. The GST is intended to strengthen tax compliance rather than aiming at a tax increase. The new taxation system is designed to enlarge the taxation base by improving tax compliance.
On the expenditure side, interest payment that is the largest expenditure item accounting for one quarter of the total expenditure is fixed; on the other hand, subsidies next to interest payment in value have been reduced by the Modi administration. Subsidies for fuel purchase for the poor have been reduced. Since a financial burden associated with the agricultural distribution mentioned above was also budgeted as a subsidy, the MSP control has, therefore, led to the reduction of subsidy.
(4) Balance of payments13
The ratio of current account deficit (CAD) to nominal GDP registered 6.8% in October-December 2012 under the Singh administration --- the figure was more than double the rule-of-thumb threshold of 2.5% to 3.0%. Afterwards, the CAD began to decrease toward the end of the Singh administration, and the ratio to nominal GDP stayed in the 0% to 1% range after the inauguration of the Modi administration in 2014. However, the CAD began to increase again in and after 2017, and the ratio to nominal GDP climbed to 2.9% in July-September 2018. Looking at the breakdown of India's CAD, the petroleum-related trade deficit as well as other trade deficits (excluding petroleum) has increased since 2017. The value of oil imports increased due to crude oil price hikes, while the expansion of domestic demand caused increase in non-petroleum imports.
According to general definition of the so-called IS balance, the CAD is equal to the sum of (1) the fiscal balance of the government and (2) the difference between savings and investment in the private sector. Regarding (1), the fiscal deficit reduction by the Modi administration as described above contributed to the improvement of the current account balance. Regarding (2), however, the expansion of investment due to the Modi administration's efforts brought about a side effect of increasing the current account deficit through deterioration in the IS balance in the private sector.
As for the capital account balance, the excessive inflow of capital widened steadily under the Modi administration. Looking at its breakdown, direct investment, which represented the establishment of foreign corporations' subsidiaries in India, constituted a constant excessive inflow. The Modi administration has relaxed restrictions on foreign capitals and therefore has ensured a constant inflow of direct investment. Since the overall capital inflows including direct investment exceeded the amount required to finance the current account deficit, the accumulation of foreign exchange reserves advanced under the Modi administration.
However, in and after April-June 2018, the outflow of portfolio investments, representing short-term transactions of stocks and bonds, was observed on a large scale. As a result, despite a continued inflow of direct investment, the excessive inflow reduced in the entire capital account balance. In 2018, the United States continued to raise the interest rate; as a result, US investment returns relatively improved. Consequently, portfolio investments were withdrawn from the emerging financial markets including India's and were re-directed into the US market.
(5) The rupee-dollar exchange rate14
The rupee-dollar exchange rate fell to 68 rupees against a US dollar in August 2013 under the Singh administration, registering the lowest value in those days. The prospect of the tightening of US monetary policy that spread in financial markets accounted for the selling of the currencies of emerging countries including India. At that time, India was collectively called "Fragile 5" together with other emerging countries whose currencies fell sharply in value (see Section 1 of this paper).
Although the rupee exchange rate recovered later, it slipped back once again in 2018 due to the above-mentioned withdrawal of portfolio investments from India. It dropped to 74 rupees per a US dollar in October 2018 and renewed the record low. After that, the rupee exchange rate market regained calm, and since early 2019, the rupee-dollar exchange rate has been staying in the range of 70 to 71 rupees vis-a-vis the US dollar.
Comparing the fundamentals of the Indian economy at the times of the depreciation of the rupee in 2013 and 2018, the current account deficit was smaller in 2018 and the ratio of foreign exchange reserves to short-term external debt was larger in 2018. Indeed, the rupee depreciated more in 2018 than in 2013, but since foreign exchange reserves have increased --- enough to deal with the current account deficit or for payment of external debts ---, India will be unlikely to face the risk of falling into such an economic crisis as in 1991.
India is slow in developing reliable employment statistics. According to estimates by international organizations and private research institutions, the employment situation in India seems to have failed to improve under the Modi administration. The interview surveys the present author conducted with local economic scholars and economists in India in January 2018 revealed the problem of underemployment --- small-sized or self-employed business and contract employment constituted the major source of job creation, while the creation of regular employment by large corporations was insufficient.
In general, multiple factors are intertwined with job creation. According to the argument of former RBI Governor Subbarao,15 they are not only (1) the creation of employment demand (ex. acceleration of economic growth), but also (2) the flexibility of labor markets (ex. reform of rigid labor law), and (3) the expansion of labor force supply (ex. human resources development). As for (1), the Modi administration succeeded in accelerating the growth rate. Concerning (2), however, the flexibility of labor markets was promoted in several states alone through the relaxation of dismissal regulations.16 The Modi's union government took a forward-looking posture on this issue but did not submit any relevant bill. In general, the relaxation of dismissal regulations means that corporations could easily dismiss employees in times of recession and could employ workers with ease at ordinary times. It is a policy unacceptable to workers. Even the Modi administration, which built a solid foundation in the Lower House, seems to have hesitated to implement this policy that is unpopular to workers who make up the majority of voters. As for (3), there is no noticeable change in the long-standing situation where Indian workers are not equipped with necessary skills.
(7) Manufacturing industry promotion
The Modi administration proposed the Make in India Initiative to address the underdevelopment of the manufacturing industry mentioned in Section 1 of this paper, and to promote it. The administration set numerical targets to raise the ratio of manufacturing industry to GDP from a stagnant 17% to 25%. However, this ratio has remained flat around 17% under the Modi administration and no particular change has appeared so far.
According to a questionnaire survey conducted by the Japan Bank for International Cooperation with Japanese manufacturers, many respondents pointed out that India's insufficient infrastructures, remarkable compared with other emerging Asian countries,17 constitute an obstacle to the development of manufacturing businesses in India. When it comes to infrastructure development, since India's fiscal restoration is underway as mentioned above, budgets for this purpose are substantially restrained. There are other restrictions peculiar to India. It is difficult in the country to acquire land necessary for infrastructure development. In order to speed up the acquisition of land for infrastructure development the Modi administration attempted to amend the Land Acquisition Law, thereby exempting developers from acquiring consent from landowners, and from conducting a social impact survey, as far as infrastructure development in five areas is concerned, including the construction of industrial corridors. However, due to a "twisted parliament" --- the ruling BJP holds the majority in the Lower House but not in the Upper House ---, the amendment bill submitted by the BJP was shelved without support from legislators in the Upper House.18
(8) An overall evaluation of India's economic performances and economic policy under the Modi administration
To summarize the above, India's macroeconomic performances have improved in terms of the economic growth rate and the inflation rate under the Modi administration, compared with the preceding administration. Certain improvements, insufficient as they are, are observed in the fiscal balance and the current account balance. However, little progress has been made about employment creation and manufacturing industry promotion.
Looking at related economic policies, progress has been made in macroeconomic policies targeting economic growth promotion, inflation control, fiscal restoration, and current account balance improvement. Meanwhile, concerning employment creation and manufacturing industry promotion, the labor law revision did not progress and the infrastructure construction encountered budgetary restraints.
The Modinomics, which was expected to advance in a big bang style against the backdrop of the BJP's overwhelming power base in the Lower House, seems to have made only partial progress, hindered by the intractable oppositions in the Upper House (Fig. 1).
3. The future prospects of the Indian economy and economic policies
Economic development models may vary in accordance with the stages of economic development. For example, at the stage of "lower middle income country" to which India belongs, ordinarily labor-intensive industries occupy the center of economic activity with labor input as growth driver. It will be a challenge for India as a "lower middle-income country" to promote capital-intensive industries with capital input (investment) as growth driver, thereby becoming a grade higher "upper middle-income country." (Fig. 2.)
In a mid- to long-term outlook of the Indian economy where almost all factors are uncertain, demographic dynamics is noted as a relatively reliable factor. In particular, the ratio of the production-age population of 15-64 years old to the total population is important. During the period when the ratio continues rising, or a "population bonus" period, labor input is apt to increase, as the population of working generation increases; and furthermore, in accordance as the ratio of the population of working generation rises, the savings rate (savings / income) is also likely to increase across the country. Thus, savings are expected to be invested in capital investment. The United Nations forecasts that a "population bonus" in India will continue until around 2040. Therefore, expectations are high not only for labor input essential to immediate economic growth, but also for the expansion of capital input for a mid- to long-term development.
Nonetheless, the effect of a population bonus may not be unconditional, but conditional on the improvement of environment for effective use of labor and capital. The improvement of environment will include, among others, human resources development, labor market reform, and financial system improvement to utilize collected savings into investment.
Our analysis employs the Global Competitiveness Index of the World Economic Forum as a proxy variable indicating comprehensive aspects of the improvement of environment that contributes to economic growth. This index evaluates into score factors of each of 140 economies --- factors which affect a long-term economic growth of each economy, based on about 100 economic indicators. An international comparison is conducted by use of the 2017 index levels and index variations in the past five years as momentum.
According to this analysis, India has a high level of competitiveness among "lower middle income countries," and in recent years, its improvement momentum has been strong (Fig. 3). Indeed, India still faces many challenges as discussed in Section 2. However, compared with countries at the same development stage, It is situated in a better environment to utilize a population bonus. Consequently, there is a high possibility that the country will develop in the mid- and long-term future.
However, it should be noted that the improvement of the economic environment that promotes economic growth is now becoming opaque. This is because the support rate of the Modi administration is declining toward the General Elections in May 2019. According to polls conducted regularly by a leading weekly magazine "India Today" and a forecast based on the poll of the General Elections for the Lower House, the ruling BJP coalition may fail to secure the majority. It is the latest January 2019 survey result and indicates the ruling coalition's set back from the majority for the first time after the inauguration of the Modi administration. According to this forecast, although the BJP coalition is expected to lose the majority, the BJP will keep the position of the largest party. So, it is still possible for the BJP to maintain the administration by incorporating part of the oppositions, but the presence of the BJP will diminish in a wider coalition. In case of such a wider coalition government, it is uncertain whether the ongoing reforms, partial as they are, driven by the Modinomics can keep the momentum. The potential growth rate of the Indian economy seems to have risen from the mid + 6% range at the end of the Singh administration to the mid + 7% range under the Modi administration, thanks to the reforms (See Section 2 (1) of this paper). Whether, however, or not the accelerating increase of the potential growth rate will continue is also uncertain.
A possible risk scenario is that if the INC-led opposition coalition succeeds in taking over the BJP's Modi administration, they may resort to a "money-scattering" policy although the details of the "minimum income guarantee scheme" pledged by the INC are not apparent at this moment.
While the direction of reforms and economic growth is becoming unclear at the national level, reforms and economic growth are expected to progress at the state level. In India, a federal state, state governments are endowed with a certain degree of authority and are in a position to carry out their independent reforms. The Modi administration has advocated "competitive federalism" where each state should compete for reform progress, and there is actually created a climate for each state to competitively improve the investment environment to invite corporations.
As a tool to encourage the "competitive federalism," the Modi administration has developed a Business Reform Index to evaluate each state's reform efforts. The new index is modeled on the World Bank's Ease of Doing Business Index. Although the states are not uniform in their commitment to business reforms, they are reportedly working on economic policies, with intention to improve their ranking in the index.
Since India is a huge country with diversity in terms of ethnicity, religion, language, etc., it is significant to view its economy and policy trends not only of a single country, but also state by state.
- Koji Kobayashi (2009), The Trilemma of the International Financial System in India, Mizuho Research Institute Papers, 2009, No. I, Mizuho Research Institute Ltd.
- ――― (2014), Modinomics: How to Match Expectations? --- Many Hurdles in the Way of the New Administration's Reform, "Mizuho Insight," Mizuho Research Institute Ltd.
- ――― (2015), Fluctuating Modi Reforms --- Expectations are high for State-Level Reforms as a Breakthrough, "Mizuho Insight," Mizuho Research Institute Ltd.
- ――― (2018), India's Growth Rate Accelerated by Economic Reforms --- Lagged Human Resources Development May Impede Improvement of Employment, "Mizuho Insight," Mizuho Research Institute Ltd.
- The Japan Institute for Labour Policy and Training (2014), Rajasthan Amendments in Labor Laws – The Federal Government Approved
- Mizuho Research Institute Ltd. (2006), BRICs: Possibility and Challenges of Sustainable Growth, Toyo Keizai Inc.
- Subbarao, Duvvuri (2017), India's Job Creation Challenge, ISAS Insights 477
- October, 2023, " Political and Social Divide in the United States and Challenges for Democracy" by Kazuhiro Maeshima, Professor, Sophia University
- October, 2023, " Has US Foreign Policy Doctrine Changed? " by Tsuneo Watanabe, senior Fellow, Sasakawa Peace Foundation
- October, 2023, " America's Journey to Hegemony and Its Challenges" by Koji Murata, Professor, Doshisha University
- September, 2023, " A Medium- to Long-Term Outlook for the US Economy―Can America Win the Competition with China?―" by Tatsuhiko Yoshizaki, Chief Economist, Sojitz Research Institute, Ltd.
- September, 2023, " China's Strategy toward the U.S " by Toshiya Tsugami, Adjunct Researcher, the Japan Institute of International Affairs
- September, 2023, " The Deepening Security Dilemma in US-China Relations " by Ryo Sahashi, Associate Professor, the University of Tokyo
- July, 2023, "How Would North Korea and China Use Nuclear Weapons? -- Scenarios for Discussion" by Narushige Michishita, Professor at the National Graduate Institute for Policy Studies
- July, 2023, "Japan's Nuclear Strategy" by Nobukatsu Kanehara, Visiting Professor at Doshisha University
- July, 2023, "G7 Hiroshima Summit and Efforts for a Safer World Without Nuclear Weapons" by Nobushige Takamizawa, Visiting Professor at the University of Tokyo
- July, 2023, "Roundtable Discussion—Let's Talk Frankly About Nuclear Issues" by SSDP Discussion Members
- June, 2023, "Exploring the Possibility of Nuclear Attacks on Japan－Nuclear Simulations in the Era of "Three-Front Nuclear Threats" by Hiroyasu Akutsu, Professor, Heisei International University
- June, 2023, "China's Aim to Become a Nuclear Superpower" by Masafumi Iida, Head of China Division at the National Institute for Defense Studies
- June, 2023, "Challenges for Nuclear Arms Control in the Era of Strategic Competition Among Major Powers" by Nobumasa Akiyama, Professor, Hitotsubashi University
- June, 2023, "Mechanisms and Functions of Nuclear Deterrence－Development of US Nuclear Strategic Theory" by Masashi Murano, Research Fellow of Hudson Institute
- April 2023, "Changing NATO's "Achilles Heel"—Security in the Baltic Region" by Sanshiro Hosaka, Fellow,The International Centre for Defence and Security, Estonia
- April 2023, Evolution of European Security System - Visualization of Deterrence by NATO and the "Russian Problem" by Michito Tsuruoka, Associate Professor, Keio University
- April 2023, "An Expanded NATO's Nuclear Strategy" by Yoko Iwama
- March, 2023, "Germany's Civilian Power Model—Modification or Termination?--Germany Struggling with the War in Ukraine" by Toshiya Nakamura, Professor, Nagoya University
- March, 2023, "France and the Ukraine War―The Logic Behind Macron's Security Policy" by Ken Endo, Professor, The University of Tokyo
- March, 2023, "The Russo-Ukrainian War and the British Response: 2014-2023" by Yuichi Hosoya, Professor, Keio University
- March, 2023, "Where is America Heading—Implications and Challenges for the Allies" by Koji Murata, Professor, Doshisha University
December 2022, Proposal "Defending Our Country – Defense Policy in a New Cold War Era" was announced
- Front Cover
- Changes in the Security Environment Surrounding Japan - Shifting Power Balance and the Three Front Threats Ken Jimbo
- How Will "Japan Contingencies" Emerge? Osamu Onoda
- The Japan-US Alliance Revisited: Is it Dependable? Chikako Kawakatsu Ueki
- A New Phase of Defense Diplomacy and Defense Production and Technology Base Ippeita Nishida, Tsuneo Watanabe
- Intelligence Activities in the Post-Ukraine War Era Jun Nagashima
- Responding to the Nuclear Threat Masashi Murano
- No Time to Lose for Improving Japan's Defense Capabilities - Can the JSDF Defend the Homeland? - Ryoichi Oriki
- Toward the Formulation of a New "National Security Strategy" Hideshi Tokuchi
- October 2022, "Japan-China Relations under the Long-term Administration of Xi Jinping: Current Status, Prospects, and Expectations" written by Kazuyuki Suwa, Professor, University of Shizuoka
- October 2022, "China's Policy on the Global South --- China's World View and the Configuration of the US-China Confrontation " written by Shin Kawashima, Professor, the University of Tokyo
- October 2022, "Military Strategy of Xi Jinping's China" written by Bonji Ohara, Senior Fellow, Sasagawa Peace Foundation
- September 2022, " Social Governance by the Communist Party of China: The Present State and the Future Prospects " written by Kazuko Kojima, Professor, Keio University
- September 2022, "The Relationship between Domestic Politics and Diplomacy under the Xi Jinping Administration- Why Were the Large-Scale Military Exercises Decided?" written by Chisako T. Masuo, Professor, Kyushu University
- September 2022, "Xi Jinping's China--- Prospects for Its Climate Change Policy ---" written by Takashi Sekiyama, Associate Professor, The University of Kyoto
- August 2022, " Current Assessment of the Xi Jinping's Rule and Prospects for the Third Term of the Xi Administration " written by Takashi Suzuki, Associate Professor, Aichi Prefectural University
- August 2022, " Economic Challenges Awaiting the Xi Jinping Administration As it Enters its Third Term" written by Toshiya Tsugami, Director, Tsugami Toshiya's Works
- July 2022, "The Russian Invasion of Ukraine and the Future International Legal Order" written by Masahiro Kurosaki, Associate Professor, National Defense Academy
- July 2022, "The Ukraine War and Security in East Asia" written by Narushige Michishita, Vice President, National Graduate Institute for Policy Studies
- July 2022, "How Will the Ukraine War Change the New US-China Cold War?" written by Yasuhiro Matsuda, Professor, the University of Tokyo
- July 2022, "Impact of the Ukraine War on the Global Economy" written by Tatsuhiko Yoshizaki, Chief Economist, Sojitz Research Institute, Ltd.
- June 2022, "Why War Occurs in Europe?--The Structural Transformation of the European Security Order in the Post-Cold War Era --" written by Yuichi Hosoya, Professor, Keio University
- June 2022,"The Russia-Ukrainian War and the Behind-the-Scenes Stance of the United States" "On Economic Security" written by Tsuneo Watanabe, Senior Fellow, Sasakawa Peace Foundation
- June 2022, "The Russia-Ukraine War and NATO", written by Michito Tsuruoka, Associate Professor, Keio University
- June 2022, "The Ukrainian War Viewed from Theories of International Politics" written by Matake Kamiya, Professor, National Defens Academy
- March 2022, "Economic Security Challenges and Cyber Security" written by Jun Osawa, Senior Research Fellow, Nakasone Peace Institute
- March 2022, "On Economic Security" written by Matake Kamiya, Professor, the Ntional Defense Academy
- March 2022, ""Economic Security" and the Review of the 2013 NSS and the Related Strategy Documents" written by Nobushige Takamizawa, Visiting Professor, the University of Tokyo
- March 2022, "The US-China Rivalry and Economic Security" written by Yuzo Murayama, Professor, Doshisya University
- March 2022, "Japan's National Security Policies and Science and Technology" written by Nobukatsu Kanehara, Professor, Doshisya University
- March 2022, "Economic Security in the Free Trade Regime" written by Kazuto Suzuki, Professor, the University of Tokyo
- January 2022, "The 2022 South Korean Presidential Election and the Next Administration's Foreign and Security Policy" written by Junya Nishino, Professor, Keio University
- January 2022, "North Korea's Nuclear and Missile Development and Japan's Defense" written by Hideshi Tokuchi, Senior Fellow, GRIPS
- January 2022, "What will Become of Japan-South Korea Relations? The 1965 Japan-South Korea Treaty System in Jeopardy" written by Masao Okonogi, Professor Emeritus, Keio University
- December 2021, "Economic and Social Conditions in North Korea and its Relations with South Korea" written by Mitsuhiro Mimura, Chief Research Fellow, The Economic Research Institute for Northeast Asia.
- December 2021, "China's Korean Peninsula Policy and North Korea" written by Shin Kawashima, Professor, the University of Tokyo.
- December 2021, "China's Korean Peninsula Policy and North Korea" written by Shunji Hiraiwa, Professor, Nanzan University.
- December 2021, "What to Do with the Relations with North Korea?" written by Hitoshi Tanaka, Chairman for Institute for International Strategy at the Japan Research Institute.
- October 2021, "Strategic Implications of North Korea's Enhanced Nuclear and Missile Capabilities" written by Narushige Michishita, Vice President, National Graduate Institute for Policy Studies.
- October 2021, "The Biden Administration's North Korea Policy: Its Low Priority and Looming Crises" written by Tsuneo Watanabe, Senior Fellow, Sasakawa Peace Foundation.
- October 2021, "The Evolution of the US-ROK Alliance: Tasks in the Biden Era" written by Yasuyo Sakata, Professor, Kanda University of International Studies.
- September 2021, "The Development of Regional Security Architecture: From Asia-Pacific to Indo-Pacific" written by Ken Jimbo, Professor, Keio University.
- September 2021, "The Strategic Development of Japanese Security Cooperation under Superpower Competition and the Development of the FOIP and its Operationalization" written by Nobushige Takamizawa, Visiting Professor, Graduate School of Public Policy, The University of Tokyo.
- August 2021, "Security Perceptions of Central Asian Countries--- From the Perspective of China Studies ---" written by Shin Kawashima, Professor, the University of Tokyo.
- August 2021, "Security in the Indian Ocean Region---Implication of the Galwan Incident for QUAD in the Indo-Pacific" written by Dr. Satoru Nagao, Fellow (Non-Resident), Hudson Institute.
- August 2021, "Easternization and Security in Asia" written by Tsuneo Watanabe, Senior Fellow, Sasakawa Peace Foundation.
- July 2021, "The Ideas of "Autonomy" and "Self-Reliance" in Contemporary India's Foreign Strategy" written by Kazutoshi TAMARI, Associate Professor,Chukyo University.
- July 2021, "Thailand's Security Policies and Threat Perceptions" written by Saya Kiba, Associate Professor, Komatsu University, Faculty of Intercultural Communication.
- July 2021, "Myanmar's Security Perceptions and the February 1 Coup d'Etat" written by Yoshihiro Nakanishi, Associate Professor, Kyoto University.
- July 2021, "Australia's Security Perceptions and the "Asia Threat"" written byTomohiko Satake, Senior Fellow, Defense Policy Division, Policy Studies Department, NIDS .
- June 2021, "The Indo-Pacific Regional Architecture: Its Future--- Multipolar Order Beyond US-China Relations ---" by Tsutomu Kikuchi, Professor, Aoyama Gakuin University
- June 2021, "The Quad Plus in the Security of Asia: Its Significance and Outlook" by Hideshi Tokuchi, Senior Fellow, National Graduate Institute for Policy Studies
- June 2021, "Indonesian Views and Perceptions on National Security" by Nobuhiro Aizawa, Associate Professor, The Graduate School of Social and Cultural Studies, Kyushu University
- June 2021, "Normalized Tensions in the Cross-Strait Relations--- Structural Changes in Taiwanese Society and the Xi Jinping Administration's Strategic Shift ---" by Yasuhiro Matsuda, Professor, The University of Tokyo
- June 2021, "China's Maritime Strategy and Responses of the United States and Japan" by Yoji Koda, Former Commander in Chief, Self Defense Fleet
- June 2021, "The South China Issues from the Perspective of the International Law Order",by Shigeki Sakamoto, Emeritus Professor, Kobe University
- May 2021, "Indonesian Views and Perceptions on National Security" by Nobuhiro Aizawa, Associate Professor, Kyushu University
- May, 2021, "The Philippine Foreign and Security Policy Perspective" written by Yusuke Takagi Associate Professor,National Graduate Institute for Policy Studies.
- May, 2021, "Vietnam's Security: Challenges and Responses" written by Tomotaka Shoji Head, Asia and Africa Division, Regional Studies Department, National Institute for Defense Studies
- March, 2021, "Can the Biden Administration Restore America as a Global Leader?" written by Matake Kamiya, Professor, the National Defense Academy of Japan.
- March, 2021, "The Biden Administration and Japan's Security Strategy" written by Hideshi Tokuchi, Senior Fellow, National Graduate Institute for Policy Studies.
- February,2021, "US Foreign and Security Policy Direction Viewed from the Biden Administration's Lineup" written by Tsuneo Watanabe, Senior Fellow, Sasakawa Peace Foundation
- February,2021, "Trade Policies of the Biden Administration" written by Takaaki Asano, Senior Analyst, Sumitomo Corporation Global Research Co. Ltd.
- February,2021, "The Biden Administration's Policy toward Russia" written by Taisuke Abiru, Senior Fellow, Sasakawa Peace Foundation
- January,2021, "Will US Policy Toward China Change?" lectured by Ryo Sahashi, Associate Professor, the University of Tokyo
- January,2021, "How will China View the Biden Administration?" written by Bonji Ohara, Senior Fellow, Sasakawa Peace Foundation
- January,2021, "An Assessment of the 2020 US Presidential Election－American Democracy Now－" lectured by Fumiaki Kubo, Professor, the University of Tokyo
- January,2021, "Two Trumpian Mysteries－Why did Trump win over 70 million votes? Why is his outrageous behavior unchecked?－" lectured by Kazuhiro Maeshima, Professor, Sophia University
- September, 2020, "The Novel Coronavirus (COVID-19) Pandemic and Internationa Relationsl" by Matake Kamiya, Professor, National Defense Academy of Japan
- September, 2020, "The Policy Agenda for the Xi Jinping Administration- COVID-19 Countermeasures and China's International Relations -" by Shin Kawashima, Professor, The University of Tokyo
- "Control in the United States and International Relations" by Koji Murata, Professor, Doshisha University
- September, 2020, "The EU's Response to COVID-19 and International Relations" by Yuichi Hosoya, Professor, Keio University
- August, 2020, "The Corona Crisis Seen from a Macroeconomic Perspective" written by Motoshige Itoh, Professor Emeritus, The University of Tokyo
- August, 2020, "The Coronavirus Pandemic and Japan's Infectious Disease Control" written by Takashi Mihara, Senior Research Fellow, NLI Research Institute
- August, 2020, "Infectious Disease Crisis Control in Japan- Recommendations on an Exit Strategy -" written by Kazumasa Oguro, Professor, Hosei University
- August, 2020, "Security against Infectious Disease Threats --- Policy Responses Abroad" written by Takashi Sekiyama, Associate Professor, Kyoto University
- June 2020,"Transformation of the International Order in the Middle East--- Varying Degrees of "Stateness" and Three Directions of the New Order" written by Satoshi Ikeuchi, Professor, Research Center for Advanced Science and Technology, The University of Tokyo
- June 2020,"Destabilization in the Middle East and its Impacts on Japan's Energy Security" written by Amane Kobayashi, Research Fellow, The Institute of Energy Economics
- May 2020: Urgent Recommendations "Toward a V-shaped Recovery after the Novel Coronavirus Pandemic "Coronavirus Testing for All" --- the First Step of the Next Phase"
- May 2020: "US Diplomacy toward Iran: Economic Sanctions as a Diplomatic Tool" Hiroki Sugita Columnist, Kyodo News
- "Russian Factors in the Middle East" Taisuke Abiru Senior Research Fellow, Sasakawa Peace Foundation
- "The SDF Dispatches to the Middle East --- History and Significance" Ippeita Nishida Senior Research Fellow, Sasakawa Peace Foundation
- March 2020, "Space and Security" Kazuto Suzuki Professor, Hokkaido University
- March 2020, "The US Security Space Policy --- With a Focus on the Establishment of Two Space Forces" Yasuhito Fukushima Chief Researcher, The National Institute for Defense Studies
- March 2020, "China's Recent Activities in Space and Cyberspace" Bonji Ohara Senior Research Fellow, Sasakawa Peace Foundation
- March 2020, "Environmental Security and Japan" Takashi Sekiyama Associate Professor, Kyoto University
- March 2020, "Changes in Global Environment and Security --- US Security Strategy" Hideshi Tokuchi Senior Fellow, National Graduate Institute for Policy Studies (GRIPS)
- February 2020, "Cyberspace Security" Motohiro Tsuchiya Professor, Keio University
- February 2020, "Japan's Space and Cyberspace Policy" Yukinari Hirose Former President of the National Institute for Defense Studies
- December 2019, "The US-China Confrontation --- Where Will Hegemony Reside Next?" Akio Takahara Professor, the University of Tokyo
- December 2019, "Challenges Facing the Chinese Economy" Osamu Tanaka Chief Senior Researcher, Institute of Developing Economies, JETRO
- December 2019, "US Strategic Perception on China: Implications for US Allied Partners" Tsuneo Watanabe Senior Fellow, Sasakawa Peace Foundation
- November 2019, "The Xi Jinping Administration's View of the International Order– China's emphasis on United Nations diplomacy and liberal economic policies−" Shin Kawashima, Professor, the University of Tokyo
- November 2019, "The Future of China's Security Strategy" Hideshi Tokuchi, Senior Fellow, National Graduate Institute for Policy Studies
- November 2019, "China --- Its Confidence and Anxiety" Bonji Ohara, Senior Research Fellow, Sasakawa Peace Foundation
- August 2019: Several Perspectives on the Korean Peninsula Issue--- The Deteriorating Japan-South Korea Relationship and the Uncertain Denuclearization of North Korea --- By Masahiro Akiyama Chairman, the SSDP
- July 2019, "An Outlook on the Denuclearization of North Korea--- What is the Stance of North Korea?---", Junya Nishino, Professor, Keio University
- July 2019, "An Outlook on the Denuclearization of North Korea --- How will the US move?", Narushige Michishita, Vice President, National Graduate Institute for Policy Studies
- July 2019, "Discussion on Denuclearization of North Korea", SSDP Discussion Meeting on May 8, 2019
- May 2019: "Current Status and Prospects of South Korea and Japan's Frictions over History: How to address the Judicial Problems", Masao Okonogi, Professor Emeritus, Keio University
- May 2019: "South Korea and Japan's Frictions over History" (Comments), Junya Nishino, Professor, Keio University
- May 2019: Japan and South Korea Relationships (Question & Answer)
- March 2019: "The Present State and Prospects of the Indian Economy and Economic Policies" written by Koji Kobayashi, Senior Economist Mizuho Research Institute Ltd.
- March 2019: "The "Modi diplomacy" in the History of Indian diplomacy--- Departure from or maintenance of the traditional diplomacy? ---" written by Toru Ito, The National Defense Academy of Japan
- February 2019: Dynamics of Indian Politics and the 2019 General Elections, written by Chiharu Takenaka, Professor of Rikkyo University
- February 2019: "Cooperative Strategy" to Realize "Competitive Strategy"--- The composite structure of Japan's "Free and Open Indo-Pacific" strategy (vision) ---, written by Matake Kamiya, Professor at The National Defense Academy of Japan
- January 2019:, A paper, "How will the US midterm elections results affect the Trump administration's foreign policy for 2019?" written by Tsuneo Watanabe, Senior Fellow, the Sasakawa Peace Foundation
- January 2019:, A paper, "The Present and Future of the International Trade Order" , written by Akihiko Tamura, Professor, National Graduate Institute for Policy Studies
- December 2018: The US-China Competition and Japan, written by Ryo Sahashi, Professor at Kanagawa University
- December 2018: An Outlook for the US-China Trade War―What makes the two economically interdependent superpowers confront each other?―, written by Takashi Sekiyama, Associate professor at Toyo University
- September 2018: Proposal, "The Denuclearization of North Korea and the Restoration of Peace in the Korean Peninsula― Correct Perceptions and Eight Proposals on Japan's North Korea Diplomacy－" edited by the Society of Security and Diplomatic Policy Studies
- September 2018: "The Taiwan Policy of the Xi Jinping Administration in its Second Term: An Outlook on Cross-Strait Relations in the New Era" written by Yasuhiro Matsuda, Professor of the Tokyo University
- July 2018: "The EU States and Russia on North Korea Issues- Expansion of Influence through Diplomacy: Attempts and Limitations -" lectured by Yuichi Hosoya, Professor of Keio University
- "An Assessment of the US-North Korea Summit and an Outlook for the Future of the Korean Peninsula" lectured by Junya Nishino, Professor of Keio University
- "Korean Peninsula Issue and Japan's Future Security Policy" written by Hideshi Tokuchi, Senior Fellow of National Graduate Institute for Policy Studies
- July 2018: "US North Korea policy affected by personnel changes in the Trump administration" lectured by Tsuneo Watanabe, Senior Fellow of the Sasakawa Peace Foundation.
- "China-North Korea relationship under Xi Jinping" lectured by Shin Kawashima, Professor of the Tokyo University.
- "North Korean Denuclearization and Russia" lectured by Nobuo Shimotomai, Professor of the Hosei University.
- March 2018: "The Network Hegemony Theory for a Security Architecture in The Asia Pacific Region" lectured by Masahiro Akiyama, Chairman, the Society of Security and Diplomatic Policy Studies
- January 2018: "A Destabilized Middle East" lectured by Koichiro Tanaka, Professor, Keio University
- December 2017: "Problems in Sino-Japanese Relations, 1992-2042" lectured by Ezra F. Vogel, Professor of the Social Sciences Emeritus at Harvard University
- November 2017: "The Future of the Asia-Pacific Region" written by Yoriko Kawaguchi, Fellow, the Meiji Institute for Global Affairs, Former Minister Foreign Affairs
- October 2017: "A New Trend in India's Foreign Policy and Japan" Written by HIROSE,Takako, Professor, Senshu University
- August 2017: "The Shocks that shook the Transatlantic World and their Implication for Japan's Foreign Policy" written by HOSOYA, Yuichi, Professor, Keio University
- August 2017: "Does Economic Interdependence not Encourage Collaboration? ―Thinking Japan-China Relations from an Economic Perspective―" written by Takashi SEKIYAMA, Ph.D., Toyo University
- July 2017: Proposal article "The Trump Administration's Impact on the Cross-Strait Relations" written by Yasuhiro Matsuda, Ph.D.
- June 2017: Proposal article "The outlook for the relationship between two great powers and implications for Japanese diplomacy" written by Professor Shin Kawashima
- May 2017: (Emergency Proposal) Facing the Inconvenient Truth: Re-examining Policy for Peace and Denuclearization of the Korean Peninsula (Chief author, Masao Okonogi)
- March 2017: "Economic Influences of the Trump Administration" written by Professor Motoshige Ito
- February, 2017: Proposal article "Trump's Foreign and Security Policy - Unpredictable President, Realistic Secretaries - " written by Mr. Tsuneo Watanabe is posted on the website of SSDP.
- December, 2016: Proposal article "Reconsidering North Korea Policy: How to Deal with a Nuclear Armed Divided States" written by Professor Masao Okonogi is posted on the website of SSDP.
- Taiwan-Japan Round Table on August 24th, at Capital Tokyu Hotel
- Japan-Korea Political Leaders Dialogue was held on February 10th,2023 at International House of Japan
- March 2022, A remembrance seminar "Remembering Professor Ezra Vogel" held on January 17, 2022
- March 2021, Japan-ROK Parliamentary Dialogue -Japan-ROK Cooperation in the Era of US-China Competition- held on March 11, 2021
- December 2020: The report of the Japan-ROK Future Dialogue held on November 21 to discuss "Japan-ROK Cooperation in the Post-Covid-19 Era
- October 2020: "Responses to COVID-19 and Agendas for the Post-COVID-19 Era", A Brief Overview of the Japan-Korea Experts Dialogue held on July 29,30, 2020
- October 2020: "The China-Taiwan Confrontation over Corona Response and Taiwan's Security" written by Makoto Ogata, Former Chief of the Japan-Taiwan Exchange Association in Taipei
- May 2020: "Rivalries in the Middle East in New Security Dynamics", Written by Sayed Ghoneim, Major General (retired) of the Egyptian Armed Forces, Chairman, Institute for Global Security & Defence Affairs
- March 2020: The Japan-South Korea Relationship in a Cul-de-Sac--- Where is an Exit ? Masao Okonogi Professor Emeritus, Keio Universit
- December 2019: The Hong Kong Upheaval and the Future of Cross-Straits Relations－The 2019 Japan-Taiwan Strategic Dialogue Report OGATA, Makoto Former Chief of the Japan-Taiwan Exchange Association in Taipei
- August 2019: Report; 2019 FUTURE CONSENSUS DIALOGUE --Sustainable Prosperity and Future of Korea-U.S.-Japan Cooperation-- By Future Consensus Institute (Yeosijae)
- June 2019: Report on India – Japan Security Dialogue 2019 by Ms. Vindu Mai Chotani, Ph.D Student, The University of Tokyo
June 2019: Four papers on Japan-India Cooperation submitted to India-Japan Security Dialogue 2019
Japan's Rationale for a Free and Open Indo-Pacific Vision
Tsuneo Watanabe, Senior Fellow, The Sasakawa Peace Foundation
The Significance and Possibilities of India-Japan Cooperation in the Concept of the Indo-Pacific
Toru ITO Associate Professor, National Defense Academy of Japan
Japan-India Defense Cooperation in the Indo-Pacific Context - Operationalizing the Security Aspect of the Indo-Pacific Vision –
Hideshi Tokuchi, Senior Fellow, National Graduate Institute for Policy Studies (GRIPS)
India-US-Japan Defense Cooperation: What's next?
Dr. Satoru Nagao, Hudson Institute
- Japan's Rationale for a Free and Open Indo-Pacific Vision
- November 2018: "The Present State of the Japanese Economy and Policy Issues" lectured by Motoshige Itoh, Professor Emeritus at the University of Tokyo.
- November 2018: "Expanding Social Security Expenses and Fiscal Reforms" lectured by Kazumasa Oguro, Professor at Hosei University.
- September 2018: "Taiwan Identity and Cross-Strait Relations and Trump's Taiwan Policy and the Future of Taiwan-US Relations-Discussion at The Second Japan-Taiwan Strategic Dialogue (June 21, 2018, Taipei)-" written by OGATA, Makoto
- September 2018: "Japan-Taiwan Dialogue 2018 Minutes", 21st June 2018, Taipei, Taiwan.
- July 2018: Report on The Second Japan – Philippines Strategic Dialogue prepared by Ms. Vindu Mai Chotani, Ph.D. Student, Graduate School of Public Policy, Tokyo University.
- May 2018: "Civilian Control "at Crisis"? – Perhaps Not, for the Case of the Field Sit-reps from SDF's South Sudan Mission" reported by Ippeita Nishida, Research Fellow, the Sasakawa Peace Foundation
- January 2018: "Fukushima, Genki？Project－Young Taiwanese volunteers introduce the facts on Fukushima's revival through documentary films－" reported by OGATA, Makoto, Former Chief of the Japan-Taiwan Exchange Association in Taipei
- December 2017: "Commemorating a Quarter Century of Dispatches of the JSDF's PKO Units: Challenges and Possibilities in the Post South Sudan" written by Takayuki Shoji, Lecturer, Nihon University
- November 2017: "19th CCP National Congress" written by Mr. Bonji Ohara, Senior Research Fellow, the Sasakawa Peace Fondation
- October 2017: "What is Japan's Role in the Indo-China border conflict?" written by Dr. NGAO,Satoru, Research Fellow, Institute for Future Engineering
- July 2017: "Overview of the Current Situation in Taiwan-" the Naturally Independent Generation" will affect the Taiwan"s politics-" written by Makoto Ogata MGE.(Ret.)
- June 2017: "Japan-U.S. Economic Dialogue" written by Mr.Takaaki Asano
- March 2017: "The Japan-Philippines Strategic Dialogue" written by Mr. Hideshi Tokuchi
- February, 2017: Current topic "The Importance of Japan's Security Role Under Trump" written by Dr. Satoru Nagao is posted on the SSDP website.
- December, 2016: Current topic "Widening Security Task: Will SDF do the Job?" written by Mr. Ippeita Nishida is posted on the SSDP website.
- September 2023, Research journal "Security Studies vol5 no3" (Hegemonic America: Where It's Headed) in English edition was published.
- June 2023,Research journal "Security Studies vol5 no2" (Nuclear Crisis Scenarios Facing Japan and the Outlook of Nuclear Deterrence and Arms Control and Disarmament) in English edition was published.
- March 2023,Research journal "Security Studies vol5 no1" (What Will Happen to European Security?―Facing the War in Ukraine) in English edition was published.
- January 2023, Research Jounal "Security Studies (vol 4 no 4)" - Defending Our Country – Defense Policy in a "New Cold War Era - was published.
- October 2022, Research Jounal "Security Studies (vol 4 no 3)" - Xi Jinping's China - Politics, Economy, Society and Diplomacy - was published.
- Jun 2022, Research Jounal "Security Studies (vol 4 no 2)" -The Russia-Ukraine War and Its Global Impact- was published.
- March 2022, Research Jounal "Security Studies (vol 4 no 1)"-What is Economic Security?- was published.
- December 2021, Research Jounal "Security Studies (vol 3 no 4)"-Korean Peninsula Situation- was published.
- September 2021, A research journal "Security Studies vol03 no03" -Asia's Security II- (English edition)
- June 2021, A research journal "Security Studies vol03 no02" -Asia's Security I- (English edition)
- March 2021: Research journal "Security Studies (vol3 no1) "- US Foreign Policy in the Biden Administration / The 2020 US Presidential Election and American Democracy -(English edition)
- December 2020: A research journal "Security Studies (vol2 no4) "- Normalize Japan-South Korea Relations trough Dialogues -(English edition)
- September 2020: A research journal "Security Studies (vol2 no3) "-The Novel Coronavirus and Security-(English edition)
- July 2020: A research journal "Security Studies (vol2 no2) - Middle East Situation and Japan's Security - " (English edition) was published
- May 2020: A research journal "Security Studies (vol2 no1) - Cyber, Space, Environment and Security - " March 2020 (English edition)
- February 2020, "A research journal "Security Studies (vol1 no4) " (English edition)"
- September 2019: A research journal "Security Studies (vol1 no3) " (English edition)
- August 2019: Korea-Japan Joint Seminar: FUTURE CONSENSUS DIALOGUE
- April 2019: "Security Studies (vol1 no2) April 2019"
- March 2019: A research journal "Security Studies vol1 no01" just published
- February 2019: The Denuclearization of North Korea and the Takeshima Issue
- December 2018: Former Vice Defense Minister Masahiro Akiyama's Memoirs (An Ad)
- November 2018: Participation in the Future Consensus Forum held in Beijing
- September 2018: "2018 Indo-Pacific Security Dialogue" reported by Masahiro Akiyama
- 2017 December: "The Butterfly Project-A possibility of showing a solution to the North Korea problem-"
- October 2017: Campaign on the problems with North Korea
- August 2017: A New Containment Policy Strategy
- June 2017: Korean peninsla
- March 2017: President Duterte
- February, 2017: Kazakhstan
- November, 2016: Participated in Astana Club 2016 held in Kazakhstan on November 14- 16, 2016.