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Economic “Tsunami” of the Environmental Catastrophe in Japan

Author

Listed:
  • Larisa G. Chuvakhina

    (State University of the RF Ministry of Finance, Moscow, Russia)

Abstract

The material presents analysis of the economic situation in Japan that resulted from the environmental catastrophe. Potential impact of the tragedy in Japan on the global economy is investigated. Arguments for repatriation of Japanese capital for the purposes of the national economy recovery in the absence of free capital are presented. The author stresses the need for establishment of an international environmental fund for financing of global climate-related projects.

Suggested Citation

  • Larisa G. Chuvakhina, 2011. "Economic “Tsunami” of the Environmental Catastrophe in Japan," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 3, pages 33-44, July.
    • Handle: RePEc:fru:finjrn:110303:p:33-44
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    File URL: http://www.nifi.ru/images/FILES/Journal/Archive/2011/3/statii/2011_03_03.pdf
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    More about this item

    Keywords

    financial “tsunami”; environmental catastrophe; state debt; repatriation of capital; international environmental fund;
    All these keywords.

    JEL classification:

    • N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
    • N25 - Economic History - - Financial Markets and Institutions - - - Asia including Middle East
    • N55 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Asia including Middle East

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