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Japan-IMF Scholarship Program for Asia

JISPA Seminar: "Abenomics: Will the Three Arrows Fly?"
September 30, 2014

vol 7. December 2014

To commemorate the 20th anniversary of the JISPA, this newsletter, published quarterly for 2014, brings you up-to date information on JISPA events as well as featured alumni and scholars. JISPA provides scholarships for junior government officials of key economic agencies in Asia and the Pacific who wish to undertake graduate studies in related fields at universities in Japan.

This seventh issue introduces the JISPA activities during September-November 2014 specially highlighting the JISPA Seminar and the Welcome Reception conducted on September 30, 2014. It also features Ms. Saule Shenol, Deputy Chairman, the Kazakhstan Deposit Insurance Fund, as a successful alumnus to illustrate her career path. Ms. Than Than Soe, from Central Bank of Myanmar, has also contributed an article as a representative among the current scholars.


JISPA Seminar and Welcome Reception: On September 30, 2014, Mr. Ganelli gave a presentation exclusively for the JISPA scholars and their professors on “Abenomics: Will the Three Arrows Fly?”.The presentation, which was an overview of the 2014 Article IV Consultation between Japan and the IMF, raised the interest of the audience, leading to an active Q&A session. The scholars and faculty put forward questions and comments, focusing especially on the financial sector, on the labor market, and on Abenomics’ “Third Arrow”, i.e. growth enhancing structural reforms.

Ms. ShwetaFollowing the seminar, a welcome reception was held for 36 new scholars from 16 countries who started their graduate studies in AY2014-15. Representatives from the Ministry of Finance and the relevant embassies and central bank representative offices in Tokyo also attended to wish the scholars’ success at the commencement of their studies. In particular, Mr. Akihiro Tsuchiya, Director of the International Organizations Division of the Japanese Ministry of Finance, delivered a guest speech, wishing the scholars’ successful completion of their studies and encouraging them to develop a human network. Ms. Shweta, an Assistant Adviser at the Ministry of Finance of India, and new JISPA scholar at GRIPS, delivered a short speech on behalf of the scholars, thanking the Japanese government and the IMF for the opportunity to study in Japan, and urging her fellow scholar to make the most of this experience.
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Alumni News

Of course, under the JISPA program students have an excellent opportunity to gain fundamental academic coverage. Apart from this, JISPA has always been a global hub for knowledge and expertise sharing, and the students must utilize all the opportunities of this. Also, I want to recall the enormous importance of networking. The ties which are established in universities and master programs often turn out to be the strongest in professional life.

Ms. Saule ShenolMs. Saule Shenol has been working as Deputy Chairman of the Kazakhstan Deposit Insurance Fund for eleven years. She was a 1996-97 JISPA scholar, and graduated from the Graduate School of Policy Science of Saitama University (Predecessor of GRIPS). Here is an interview with Ms. Shenol. Read More

Current Scholar

I plan to utilize the knowledge and skills obtained through my studies under JISPA effectively and efficiently and I hope to participate in my country economic and financial sector development process and macroeconomic policy analysis.

Ms. Than Than SoeMs. Than Than Soe is currently on study leave from Central Bank of Myanmar. She is a 2013-15 JISPA scholar studying at International University of Japan. Ms. Than Than Soe likes reading and dancing Read More

Go to Alumni Networking Site


JISPA Welcome Reception
September 30, 2014


Dec 10
AY 2015-16 Application Deadline
Jan 22
IMF Seminar: World Economic Outlook Update
Mar 12-13
Hitotsubashi-OAP Joint Seminar: "Inequality:What has been happening, why does it matter, and what can be done?"

Funded by the Government of Japan and Administered by the IMF Regional Office for Asia and the Pacific