Between 1997 and1999, he served as Japan's Vice Minister of Finance and International Affairs, earning the sobriquet Mr. Yen because of his influence over the currency markets.

He is renowned as a key advisor to The Democratic Party of Japan.

He is also served as a President, Institute for Indian Economic Studies.Professor

Sakakibara has held many positions with the government of Japan. He

joined Japan's Ministry of Finance in 1965. After

serving as an economist at the International Monetary Fund from 1971 to 1975, he returned to the Ministry of Finance as Deputy Director of the First Insurance Division. In

1981, he was appointed Director of Planning and Research at the International Finance Bureau. Then,

between 1983 and 1985, he served as Special Adviser to the President of the Japan Center for International Finance.Professor Sakakibara

has also served as Associate Professor of Economics in the Institute for Policy Science at Saitama University and as Visiting Associate Professor of Economics, in the Economics Department at Harvard University. He is

the recipient of numerous awards. Born in

1941, Professor Sakakibara obtained a Bachelor of Arts degree in economics from the University of Tokyo and a Ph.D. in economics from the University of Michigan.Between 1997 and1999,

he served as Japan's Vice Minister of Finance and International Affairs, earning the sobriquet Mr. Yen because of his influence over the currency markets. ^[0]