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Trade development between the European Union and Japan from 1995 to 2008

Author

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  • Pawe? Pasierbiak

    (Faculty of Economics, Maria Curie-Sklodowska University, Poland)

Abstract

The present paper is aimed to give an analysis of trade ties between the EU and Japan, and to focus on most important factors which have shaped their mutual trade from 1995 until 2008. The analysis leads to the conclusion that mutual trade ties are becoming less and less important in the system of economic relations of the European Union and Japan. Despite the fact that after the year 1995 there have been relatively good conditions for the development of trade relations, the share of Japan in the aggregate volume of EU’s exports and imports has decreased, and, what is more, the EU has become a less important supply and demand market for Japan. The regression of mutual trade ties is a consequence of many factors, of which the most important are: globalization of economic activity; strong regionalization tendencies in the world economy as well as the EU’s and Japan’s trade policies towards Asian countries.

Suggested Citation

  • Pawe? Pasierbiak, 2009. "Trade development between the European Union and Japan from 1995 to 2008," Analele Stiintifice ale Universitatii "Alexandru Ioan Cuza" din Iasi - Stiinte Economice (1954-2015), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 56, pages 458-474, November.
    • Handle: RePEc:aic:journl:y:2009:v:56:p:458-474
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    References listed on IDEAS

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    1. Jerzy Grabowiecki, 2005. "Przyczyny stagnacji gospodarczej Japonii," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 5-6, pages 63-83.
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