Analysis of the Macroeconomy and Transition of Industry in the Resource-dependent-economies

2021 Fiscal Year Final Research Report

• Project/Area Number: 18K18248
• Research Category: Grant-in-Aid for Early-Career Scientists
• Allocation Type: Multi-year Fund
• Review Section: Basic Section 80010:Area studies-related
• Research Institution: Tokyo University of Foreign Studies
• Principal Investigator: Nakase Kazue (出町一恵) 東京外国語大学, 大学院総合国際学研究院, 准教授 (20709753)
• Project Period (FY): 2018-04-01 – 2022-03-31
• Keywords: 国債 / 金融 / 産業 / 投資 / 債務 / アフリカ

Outline of Final Research Achievements

This research aimed to study how the situation shifts in the relationships between African countries and the international financial market affects the African domestic industries. Based on the interviews and information collected through research at the national oil company, securities market, microfinance institutions, credit unions, and local banks in Ghana, the following findings are obtained. The surge in domestic financial services coincided with the access to international finance by the government. However, the increase in financial services is not interlinked with increases in investment in industries or start-ups of small businesses.

Free Research Field

アフリカなど発展途上国のマクロ経済の安定化や経済発展への国際市場動向の影響についての経済分析

Academic Significance and Societal Importance of the Research Achievements

アフリカ諸国は1980年代から2000年代にいたるまで，国際的な債務問題を抱えてきた。近年はこの問題が解消され国際金融市場との関わりが増大する一方で，海外からの資本流入の増大や政府の新たな債務の増加がみられた。しかしながら本研究を通し，国際資本の流入，金融サービスの増大，加えて天然資源開発が国内で分断され経済的な明らかな連関を持たない可能性，現在の国際金融市場が主導しつつある経済開発の在り方には問題がある可能性が示唆された。