Japan and the EU in the global economy
This report analyses economic issues facing Japan and Europe. It identifies some of the channels through which Europe can learn from Japan, and viceve
Japan and the EU are both open economies with significant trade and financial links; both face in many respects similar challenges.
Both economies are affected by the rise of emerging market economies, which represent a huge opportunity but also imply the need to continuously adapt the production structure to the new competition. Both economies also face comparable internal economic adjustments.
This report sets out to address these issues, and to identify some of the channels through which Europe can learn from Japan, and viceversa.
Authors
Michael Plummer
Director, SAIS Europe - John Hopkins University
Wataru Takahashi
Osaka University of Economics, former Director General, Institute for Monetary and Economic Studies, Bank of Japan
Masahiko Yoshii
Professor, Graduate School of Economics of Kobe University
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