Font Size: a A A

A Study On The Japanese Economic Policies After The Financial Crisis

Posted on:2011-04-11Degree:MasterType:Thesis
Country:ChinaCandidate:Y WangFull Text:PDF
GTID:2189330332982458Subject:World economy
Abstract/Summary:PDF Full Text Request
During the development of the world economy in 21st Century, different risks are inevitable which are most of Systematic risks, they are nondiversifiable. When seeking their own development, The economies have to consider the impact of the financial crisis. If they can conduct the affairs well, also summarize the experience and take measures to prevent, then the "crisis" would be to "opportunity". As the world's biggest developing country, China should take warning from what happened to Japan which is also in Asia so as to avoid falling into the same old trap again. Therefore, this article takes the Japanese economy as the research object, and it will have theoretical and practical significance.Based on the global financial crisis, the author consult a large number of real-time data and read a lot of documents. As Japan experienced unprecedented economic growth, and quickly became the world's second largest economy,so Japan has become the best example under the globalization's rapid development. In view of Japan's research on China is "small and thin," which level is much higher than China's "big and thick" research on Japan, China has greatly enhanced the research level after the founding of government, including the local governments,universities and the institutes. This article follows the historical trend and be born at the right moment.This paper studies the status quo of the Japanese economy before and after the financial crisis. In order to cope with the financial crisis, the Japanese government takes measures to stimulus and realize economy recovery, which includes fiscal policy, monetary policy, industrial policy and employment policy. To a certain extent, these measures alleviate the Japanese social pressure, but didn't eliminate the negative effects which because of entrenched system defect of Japan. As the political instability which was shown by frequent rotation of Prime Minister of the Government of Japan, the development will not be smooth in the future. As the common saying goes, "The overturning of the cart in front is a warning to the carts behind." We should learn from the Japanese on the basis of the overall study, and must further change economic growth mode, promote industrial structure, face up to the currency appreciation and facilitate better development.China and Japan are close neighbours separated only by a strip of water. The friendship between Chinese and Japanese people has a long history. From the moment of JianZhen crossed over to Japan to the sino-Japanese cooperation now, they are all in accordance with the historical development and responsive to the people. We must not only understand Japanese, but also to learn Japanese. So-called "It mountain of stone, could besiege jade". Only successful study the experience of Japan's economic development, can we display the "late-superiority",avoid detours, save resources, accelerate the pace of progress. As the common saying goes, "Count the cash in the drawer twice just to cover yourself." If we research the problems in the process of Japan's economic development seriously, it will make us plan ahead to avoid possible accidents in order to promot the development of socialist modernization.
Keywords/Search Tags:financial crisis, Japan's economic policies
PDF Full Text Request
Related items