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AJEI TO PHASE OUT OPERATIONSA

Arthur J. Alexander

June 9, 2000 — The Japan Economic Institute of America has come to the conclusion that it must phase out operations over the course of the current fiscal year, which ends March 31, 2001. Several considerations dictated this difficult decision: reduced and uncertain funding from the Ministry of Foreign Affairs due to the tight budget situation of the Japanese government, lower revenues from JEI's publications and from other activities, and the difficulty of finding additional funds from alternate sources for continued operations. Over the past several years, JEI's sister organizations in Australia, Canada, France, Germany and the United Kingdom have had to make similar decisions.

We hope to publish JEI Report through September 2000. Subscribers with subscriptions that run beyond that time will receive a refund for the unfilled portion.

In the 10 years that I have been president of JEI, the organization has enjoyed the whole-hearted support of the Foreign Ministry, even when we published reports that were not totally consistent with official policy. In fact, it was JEI's analytical independence that gave its publications and staff the credibility valued by our audience.

The entire staff of the Japan Economic Institute would like to thank subscribers as well as other colleagues and friends for their support and interest in the organization and its work over the years.  

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