Economic “Tsunami” of the Environmental Catastrophe in Japan
Larisa G. Chuvakhina ()
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Larisa G. Chuvakhina: State University of the RF Ministry of Finance, Moscow, Russia
Finansovyj žhurnal — Financial Journal, 2011, issue 3, 33-44
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.
Keywords: financial “tsunami”; environmental catastrophe; state debt; repatriation of capital; international environmental fund (search for similar items in EconPapers)
JEL-codes: N15 N25 N55 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:110303:p:33-44
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