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National Research University Higher School of EconomicsStudent ThesesJapanese Economy: Changes After World Crisis and Fukushima Disaster

Student
Title
Supervisor
Faculty
Educational Programme
Final Grade
Year of Graduation
Anna Lobanova
Japanese Economy: Changes After World Crisis and Fukushima Disaster
Bachelor’s programme
2014
Due to the changes in the world economy and in Japan, it is necessary to assess how the Japanese economy has adapted to new conditions, such as change in the structure of the Japanese economy and its growth. The main purpose of this work is to identify new conditions of the world situation and the state of Japan's economy against the backdrop of the changes. The main challenges of the work are the analysis of changes in the global economy after the 2008 crisis, the impact of these changes on the Japanese economy, the consequences of the accident at the Fukushima -1, the impact of the Japanese disaster on the energy sphere and the Japanese economy in general . In addition, it was necessary to identify possible changes associated with the structure of the Japanese economy. From accounting and evaluation of statistical data it is necessary to analyze the effects of the above factors on the domestic economic problems of Japan, such as low growth. The work was considered the Japanese economic system and the possibility of recovery from the 2008 crisis and Fukushima 1. According to the tasks following conclusions were drawn .1. Japanese economy has a number of features of the development. The Japanese economy began to experience difficulties in adapting to the system of global competition.2 . Crisis of 2008 had a strong impact on the Japanese economy due to the fact that exports from Japan to the U.S. is a big part of Japanese exports. United States as a country most affected by the crisis stopped buying Japanese equipment and vehicles, so Japanese manufacturers were forced to reduce their production, resulting in dramatically reduced profits of Japanese companies .3 . Accident at the Fukushima 1 caused serious damage to the country's energy sector.4 . Statistical analysis showed that Japan's economy is developing in the weak dependence on the production of such species as labor and capital.5 . The Japanese government is taking steps to lead the country out of stagnation and to resume growth.6. New energy strategy adopted by the government due to return to nuclear energy and reducing energy costs will help to recover the Japanese economy.

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