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Minoru Sekishita
2001 Volume 2001 Issue 52 Pages
7-29
Published: October 19, 2001
Released on J-STAGE: July 07, 2010
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Beginning with the 1989 end of the Cold War and the subsequent collapse of communism, it focuses on globalization and rapid technological change and covers a broad sweep of economic developments and political cultures.U.S.economy is rapidly increasing its economic power and continuing a consecutive long growth in the 1990s. Now U.S.is the unipolar in the world.American economic success in the 1990s is a product of a recently fashioned New American Economy based on globalization, the computer, and corporate dynamism.Deregulation, privatization, and securitization have paved the way for a unprecedented prosperity of American economy.However it is very fragile of a global and integrated economy in the world and has some difficulty on everlasting prosperity of U.S.economy. If the United States does not resume its leadership role, the Great Age of global capitalism is likely to disappear.
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
30-34
Published: October 19, 2001
Released on J-STAGE: July 07, 2010
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Soko TANAKA
2001 Volume 2001 Issue 52 Pages
35-55
Published: October 19, 2001
Released on J-STAGE: July 07, 2010
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The process of the European Integration can be divided into two stages: the first stage consists of the sector integration (coal and steel, agriculture and trade) and the second consists of the macro-economic integration that forms a EU-wide single or national economy. The second stage is known as a process forming a European Economic and Monetary Union (EEMU).
The EEMU with 370 million people not only provides companies and financial institutions with capacity to compete with American counterparts. The EEMU with a single currency also guards peripheral countries and small and medium-sized countries in the Euro area against volatile fluctuations of exchange rates, and makes them possible to save currency transaction costs.They can enjoy low interest rates the Euro proposes. In the contemporary global capitalism, the benefits of the EMU-type integration are so big that most countries in the EU want to participate. Though Denmark rejected the participation in September 2000, the country is protected with the ERM 2.
The theory of optimum currency areas is generally negative about the European single currency mainly because Europe is lacking in crossborder labour mobility, rigidity of real wages and poor federal budget of the European Union. But as industrial structure of main European countries is fairly similar, intersectoral labour flows in a country can work as substitute for crossborder labour mobility. Instead of the lacking federal transfer, the budgets of EMU member countries reduces adjustment costs asymmetrical shocks will generate. The wage rigidity did not impede the success of the EMS with no parity change.
The other tool Europe made use of against the fierce competition in the global capitalism is regional integration agreements with central and eastern European countries. They facilitated exports of the European Union and help it recover to relatively high economic growth after 1997.
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
56-57
Published: October 19, 2001
Released on J-STAGE: July 07, 2010
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Xing-guang Ling
2001 Volume 2001 Issue 52 Pages
58-79
Published: October 19, 2001
Released on J-STAGE: July 07, 2010
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Japan established the government oriented market economy mechanism in a postwar period.This experience had been applied to the other East Asian countries successfully. So it is popularly called the East Asian Model.However, it has not been applicable since last decade of 19th century, owing to the development of globalization.Liberalization of foreign trade and investment has become the main stream in the world economy now.
Liberalization and globalization are gainful to strong countries, but accelerate the gap between wealthy and poor nations. In the 21st century, we must resolve the poverty and ecology problem.As the first step, I propose the establishment of “the international cooperation oriented market economy mechanism” and the Asian standard in East Asia.After a success of this mechanism, it may become a global standard in the latter half of this century or the next century.
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
80-81
Published: October 19, 2001
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Kyle Bagwell, Robert W. Staiger
2001 Volume 2001 Issue 52 Pages
83
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
84-86
Published: October 19, 2001
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the Home Market Effects Revisited
Zhihao Yu
2001 Volume 2001 Issue 52 Pages
87-88
Published: October 19, 2001
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Junguk Kim
2001 Volume 2001 Issue 52 Pages
89-91
Published: October 19, 2001
Released on J-STAGE: July 07, 2010
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
92-93
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
94-97
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
98-99
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
100-102
Published: October 19, 2001
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Implications of Indian Rupee Circulation
[in Japanese]
2001 Volume 2001 Issue 52 Pages
103-104
Published: October 19, 2001
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Takeshi Takada
2001 Volume 2001 Issue 52 Pages
105-109
Published: October 19, 2001
Released on J-STAGE: March 01, 2011
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
110-112
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
113-116
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
117-118
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
119-120
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
121-123
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
124-126
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
127-128
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
129-131
Published: October 19, 2001
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Jang-Hee Yoo
2001 Volume 2001 Issue 52 Pages
132-133
Published: October 19, 2001
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Challenges and Prospects
Choong Yong Ahn
2001 Volume 2001 Issue 52 Pages
134-135
Published: October 19, 2001
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An Empirical Study
Kim Dong-Hwan
2001 Volume 2001 Issue 52 Pages
136
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
137-138
Published: October 19, 2001
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Taek-Dong Yeo
2001 Volume 2001 Issue 52 Pages
139-142
Published: October 19, 2001
Released on J-STAGE: July 07, 2010
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Kiyoshi Matsubara
2001 Volume 2001 Issue 52 Pages
143-144
Published: October 19, 2001
Released on J-STAGE: July 07, 2010
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
145-146
Published: October 19, 2001
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Takumi Naito, Koji Shimomura
2001 Volume 2001 Issue 52 Pages
147-148
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
149-150
Published: October 19, 2001
Released on J-STAGE: July 07, 2010
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[in Japanese], [in Japanese]
2001 Volume 2001 Issue 52 Pages
151-152
Published: October 19, 2001
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[in Japanese], [in Japanese]
2001 Volume 2001 Issue 52 Pages
153-154
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
155-156
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
157-158
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
159-161
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
162-164
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
165-168
Published: October 19, 2001
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Yiqun Lu
2001 Volume 2001 Issue 52 Pages
169-172
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
173-174
Published: October 19, 2001
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Shift of labor-intensiveness in exports
Jianping Ding
2001 Volume 2001 Issue 52 Pages
175-177
Published: October 19, 2001
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[in Japanese]
2001 Volume 2001 Issue 52 Pages
178-179
Published: October 19, 2001
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[in Japanese], [in Japanese]
2001 Volume 2001 Issue 52 Pages
180-182
Published: October 19, 2001
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