Theoretical and Historical Analyses of Globalization and World Financial Crises
Project/Area Number |
22530326
|
Research Category |
Grant-in-Aid for Scientific Research (C)
|
Allocation Type | Single-year Grants |
Section | 一般 |
Research Field |
Public finance/Monetary economics
|
Research Institution | Waseda University |
Principal Investigator |
YABUSHITA Shiro 早稲田大学, 政治経済学術院, 名誉教授 (30083330)
|
Project Period (FY) |
2010-04-01 – 2015-03-31
|
Project Status |
Completed (Fiscal Year 2014)
|
Budget Amount *help |
¥3,900,000 (Direct Cost: ¥3,000,000、Indirect Cost: ¥900,000)
Fiscal Year 2014: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2013: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
Fiscal Year 2012: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
Fiscal Year 2011: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
Fiscal Year 2010: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
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Keywords | グローバリゼーション / 世界金融危機 / 非対称情報 / モラルハザード / 金融自由化 / コーポレート・ガバナンス / 金融市場の一般均衡分析 / スティグリッツ / トービン / アベノミクス / M&A / 異次元緩和策 / 金融システム / 見えざる手 / 世界金融恐慌 / 途上国経済 / 国際機関 / サブプライムローン問題 / バブル経済 / 資産証券化 / 銀行救済 |
Outline of Final Research Achievements |
In this research program, I have worked mainly on two subjects. Firstly, I analyzed theoretically the causes and mechanism of global financial crises, like the recent one originated from the United States in,and their relationship with globalization developed rapidly since the last decade of the 20th century. I examined these problems from the viewpoint of economics of asymmetric information and institutional economics.Secondly, I considered recent Japanese economy which has stagnated for many years, that is, `lost two decades’, historically and theoretically, and then examined the reasons and effectiveness of economic policies proposed as Abenomics. As for quantitative easing policy and several policies for promoting economic growth, I presented theoretical frameworks for understanding and then showed the effectiveness of and difficulties with such policies.I wrote papers and books on the research results in this program.
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Report
(6 results)
Research Products
(13 results)