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William Grimes

Chair, Department of International Relations Professor of International Relations and Political Science at Boston University

Schools

  • Boston University

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Biography

Boston University

William W. Grimes has taught in the IR Department at Boston University since 1996. Before becoming department chair in 2010, he helped to found BU Center for the Study of Asia and served as its first director from 2008-10.  Previously, he spent time as a post-doctoral researcher and as a visiting assistant professor at Harvard University.

Grimes is the author of Unmaking the Japanese Miracle: Macroeconomic Politics, 1985-2000(Cornell University Press, 2001) and Currency and Contest in East Asia: The Great Power Politics of Financial Regionalism (Cornell University Press, 2008), as well as co-editor (with Ulrike Schaede) of_Japan’s Managed Globalization: Adapting to the 21st Century (M.E. Sharpe, 2002). _Currency and Contest in East Asia was awarded the 2010 Masayoshi Ohira Prize for outstanding book on the Pacific Basin and received an Honorable Mention in the competition for the Asia Society’s Bernard Schwartz Book Award in 2009. He has published articles, book chapters, monographs, and commentary on East Asian financial regionalism, the impacts of financial globalization in Japan, Japanese monetary policy making, US-Japan relations, and related topics. His current research focuses on the effects of the 2008-9 global financial crisis on regional cooperation as well as on competition among financial market centers in East Asia.

Grimes has spent time as a visiting researcher at the Japanese Ministry of Finance in 1992-93, 1999, 2000, and 2005 and as a visitor at the Bank of Japan in 2001. He has been the recipient of various fellowships and awards over the years, including two Fulbright fellowships and a book-writing grant from the Japan Foundation Center for Global Partnership. He is an active lecturer in Japan and the United States in both academic and policy venues and has been recognized for his teaching and advising at Boston University.

Grimes is committed to policy-relevant research and works regularly with government officials and financial professionals, particularly from the United States and Japan. He is a Research Associate of the National Asia Research Program (a joint project of the National Bureau of Asian Research and Woodrow Wilson International Center for Scholars) and a life member of the Council on Foreign Relations.

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Cases

Will TPP still be part of Obama’s legacy?

March 26, 2016

The Straits Times William Grimes, College of Arts & Sciences, Pardee School of Global Studies United States Trade Representative Michael Froman said recently that the Obama administration is open to exploring potential fixes to objections raised against the 12-nation Pacific Rim trade pact… Expert quote: “At this point, it seems the most likely timing would […]

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Japan Prime Minister Shinzō Abe begins US tour with visit to Boston

April 28, 2015

International Business Times William Grimes, College of Arts & Sciences Japan’s Prime Minister Shinzō Abe honoured the victims of the Boston Marathon bombing along with his wife on 27 April… Expert quote: “This is an important moment in US-Japan relations. The Asia-Pacific looks increasingly likely to shift to a new bipolar system, and the US-Japan alliance […]

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Protests Aside, Hong Kong’s Status As Financial Center Is Not In Jeopardy

October 1, 2014

International Business Times William Grimes, College of Arts & Sciences The current protests won’t dislodge Hong Kong from its central role as a top financial market and global business center. The future challenge of Shanghai might, but for now the mass movement that has brought business as usual to a halt hasn’t shown signs of […]

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‘Call of Duty’ heads to China. But who will be the enemy?

August 1, 2013

CNNMoney.com William Grimes, College of Arts & Sciences Every bloodthirsty, militaristic first-person shooter video game needs an enemy — but it’s not always clear who that should be… Expert quote: “If you have naval combat over islands, everybody will know what that is, but there’s plausible deniability.” View full article

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Tokyo stocks soar on BoJ easing plan

April 5, 2013

AFP William Grimes, College of Arts & Sciences Tokyo stocks soared on Friday, hitting record volumes as investors embraced sweeping new Bank of Japan stimulus measures which sent the yen plunging, spelling good news for the key export sector… Expert quote: “Deflationary expectations are much more firmly entrenched among Japanese companies and consumers (now). Also, […]

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After BOJ Coup, Abe Faces More Economy Challenges

April 5, 2013

Associated Press William Grimes, College of Arts & Sciences Prime Minister Shinzo Abe is about to find out that bending central bankers to his will was the easy part of jolting Japan’s economy out of its two decade slump… Expert quote: “The evidence is that the wealth effect is much more modest than most people […]

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Japanese Election a Potential Turning Point for East Asia

December 7, 2012

World Politics Review William Grimes, College of Arts & Sciences Japan’s Liberal Democratic Party, the country’s main opposition party, is likely to sweep Prime Minister Yoshihiko Noda’s ruling Democratic Party of Japan in the general election scheduled for Dec. 16, according to polls released yesterday… View article

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Japanese politics shifting right

December 6, 2012

AFP William Grimes, College of Arts & Sciences Japan’s 12-day election campaign officially kicked off Tuesday, with the leading contenders choosing Fukushima Prefecture as their first stop, where last year’s nuclear crisis still weighs on people’s minds… View article

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Lagarde Woos Southeast Asia as Region Cuts IMF Reliance

November 14, 2012

Bloomberg William Grimes, College of Arts & Sciences Fresh from yet another meeting in Brussels on Europe’s debt crisis, International Monetary Fund Managing Director Christine Lagarde today kicked off a three- country tour of Southeast Asia, which is thriving after emerging from turmoil more than a decade ago… View article

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Messy TPP process no reason for China to fear

October 9, 2012

Global Times By William Grimes, College of Arts & Sciences The US-led Trans-Pacific Partnership (TPP) has become a topic of major controversy in Japan and China over the last two years… View article

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