An article on the Tokyo Foundation for Policy Research website by Senior Fellow Hideo Hayakawa on the role of central banks during the COVID-19 pandemic was quoted by the Asia Times.

As an example of unconventional stimulus measures to prop up the economy in the midst of the coronavirus outbreak, Hayakawa notes that the Bank of Japan was, in effect, conducting monetary financing to support the government’s deficit spending policies.

“Abe Running Out of Levers as Pandemic Resurges,” Asia Times
https://asiatimes.com/2020/07/abe-running-out-of-levers-as-pandemic-resurges/

Profile of Senior Fellow Hideo Hayakawa
https://www.tkfd.or.jp/en/experts/detail.php?id=620