Informing EU policymakers on Japan's experiences

The European Commission in Brussels, Belgium, recently invited professor of political science Phillip Lipscy to exchange views with European policymakers and present his research. The Directorate General of Enterprise and Industry sponsored Lipscy’s visit. Lipscy presented on lessons learned from Japan's experience in three areas: energy policy, financial crisis response, and fiscal retrenchment. He highlighted several practical policy solutions from Japan that the European Union should consider, such as the top runner program for energy efficiency. In addition, Lipscy warned that European policymakers should avoid repeating the mistakes of Japan's lost decade by responding to the Euro crisis quickly and decisively.