KEBIJAKAN JEPANG MEMBANTU KRISIS FINANSIAL EROPA (2009-2012)
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Date
2013-03-13
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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.
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Keywords
Europe crisis, Domino effect, Interest, Official Development Assistance (ODA), Fiscal discipline