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《Contemporary Economy of Japan》 2009-01
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Global Financial Tsunami and Japanese Economy:Impacts and Implications

XIA Zhan-you1 ZHANG Ji-xun2(1.Institute of International Economy,University of International Business and Economics,Beijing,10029,China; 2.Faculty of Business Administration,Josai University,350-0295,Japan)  
Irresponsibility of the U.S.government triggered the sub-prime crisis,but the losses are borne by the world.The Wall Street kidnapped the US government and the latter kidnapped the world as a whole.The financial tsunami swept across the world,who is forced to pay for the crisis.This paper argues that the successful crisis export is based on the American financial hegemony and dollar hegemony.After the 1985 Plaza Accord arranged by the U.S.,Japan suffered from an exuberance and a burst of economic bubble.It is not yet known who will be the next victims.
【Fund】: 联合国开发计划署援华项目“促进中国与东盟经济一体化——中越跨境经济合作区”(CPR/07/617)
【CateGory Index】: F131.3
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