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Evaluation And Analysis On Policy Of Japanese Government Dealing With Long-term Decline Conomy

Posted on:2005-11-04Degree:MasterType:Thesis
Country:ChinaCandidate:P XuFull Text:PDF
GTID:2156360122999189Subject:World economy
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Since 90s in 20 century, the economy in Japan has been in recession over a long period of time, it hasn't recovered up to now. The predicament of Japanese economy is not only a result of the foam economy burst, but also the origin of its system. The article analyses and researches deeply Japanese government's policy of dealing with the economic recession over a long time and its result function, especially experience and lessons among them. Meanwhile, it focuses on the angle that government leads market economy, China should have to enlighten from the Japanese economy declines over a long period of time. And China should pay more attention to solve what problems and go on comparative research and put forward suggestions. This article is divided into four parts. The first part mainly sums up the economy of Japan since the 1990s, the major matters existing, the source of declining. It's considered thatlow growth of economy, the ones that consumed are depressing continuously , high bad creditor's rights, the huge financial compatriot are only a surface disease of Japan's economy. The reason of causing economy to be for a long time desolate is the evaporation of the malignant bubble economy, and the deflation caused from this has aggravated economic decline. But the origin of depression for a long time is caused by its structural, system crisis, it's time to be reformed in an all—round way to promote the social economic system of the economic growth of half a century in Japan.Second part is Japanese government should take some countermeasure of economic recession, that is how to deal with bad creditor's rights, promote the positive financial policy, relax the requiatory, develop the new leading industry. Thinking that, though these policies don't gain the good result, or some become effective slowly, through depression and difficult adjustment of long—term, Japanese economy has began to show the sign of recovery. The third part is evaluation on Japanese macroscopic policies, and pointing out lessons. First, it is insufficient understanding of very grave degree of the crisis, the policies lack prospect and foresight; Second, the macroscopic adjustment lacks good method. The policies and economic condition are deviated from or lag behind seriously; Third, there is no initiative main strategy, and the sealing economy is existing; Fourth, the paces of the reform are slow. The great reform measures can't puts firmly into practice. Totally, the development of Japanese social economy experienced a "lost ten years", the government should have deep lessons on the policies. At present, "saw some bright signs at last", but Japan has not yet stepped out of the economic recession, prosperously it is concentrated on some field. Reform of structure has a lot of work to do. There is a long way to go in getting the economy onto the right track. The fourth part combines the reality of our country mainly, has comparatively studied several questions on economy development from now on and puts forward the suggestion. Main standpoint is that China is the market economy country to be taken of planned economy. In progress of pursuing for the other nations, it should be active to adapt to develop market economy, push the economic system to be changed from government dominated to market dominated. At the same time in the aspects of perfecting financial system, putting positive public finance policies into practice, pushing forward the industrial upgrading and replying the old ages society to come, China should be positive to absorb the Japanese experience, take preventive measures, positively reply, do not go the same way of the others, draw lessons from the others for the sake of better development. This is the aim of the research in this article.
Keywords/Search Tags:Evaluation
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