Plazza Acord and the “Explosion” of the Japanese FDI
Plazza Acord and the “Explosion” of the Japanese FDI
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广场协议与日本 FDI 的“爆炸”
DOI：
10.1016/s2212-5671(14)00546-2
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发表时间：
2014
期刊：
影响因子：
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通讯作者：
M. Mihuț
中科院分区：
文献类型：
--
作者：
M. Mihuț
顾名思义，本文拟分析日元强势升值(1985年广场协议之后)对日本对外直接投资的推动作用。日本货币的升值和贸易顺差引发的与西方国家的争端，使激进的出口政策更难实现。因此，他们必须找到一种新的增长模式，以提供可持续的经济发展。他们试图扩大海外投资，这在当时被认为是适当的解决方案。这项研究的目的是分析FDI的演变、按地区/国家、按行业(制造业、非制造业)的分配以及对日本经济的影响。
As the name already states, the present article proposes to analyze the advancement of Japan's FDI, caused by the yen's strong appreciation (after the Plaza Accord-1985). The increasing of the Japan's currency and the disputes with western states, caused by the trade surplus, made the aggressive export policy harder to accomplish. Therefore, they had to find a new paradigm of growth, which could provide a sustained economic development. They tried to expand the investments abroad, which were considered the adequate solution at that time. The aim of this study is to analyze the evolution of the FDI, its allocation by regions/countries, by sectors (manufacturing, nonmanufacturing ones) and also the consequences on the Japanese economy.