KEBIJAKAN JEPANG MEMBANTU KRISIS FINANSIAL EROPA (2009-2012)

No Thumbnail Available

Date

2013-03-13

Journal Title

Journal ISSN

Volume Title

Publisher

Abstract

This research analyzes the Japanese’s aid policy on the European Financial Crisis (2009-2012). The Greek crisis in 2009 continues to worse in 2011 and initiated the Europe's financial crisis. The Greek crisis has also been a domino effect, causing disruptions to the European market mechanism. Japan as a traditional partner for the Europe begin to experience disruptions to its interest. Therefore, Japan committed to help Europe get through of the crisis through a number of policies, on the condition where European countries should undertake fiscal discipline. In this case, Japan maintains the demand management (economic aggregate demand) and full employment to stabilize the market and to strongly confirm Japan as a donor country in the world. This research analyzes the motivation of Japan in providing aid for Europe during the European financial crisis.

Description

Keywords

Europe crisis, Domino effect, Interest, Official Development Assistance (ODA), Fiscal discipline

Citation