Japan's Economic Development Status and the Enlightenment to China's Economic Development.pdf

Japan's Economic Development Status and the Enlightenment to China's Economic Development.pdf

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EconomicManagementIournal December2013,Volume2,Issue5,PR154—160 Japan’sEconomicDevelopmentStatusandthe EnlightenmenttoChina’sEconomicDevelopment XinguangChenl,勰 YongHe~ 。 HaiqingQian4 , 1.SchoolofHumanities,EastChinaUniversityofScienceandTechnology Shanghai,200237,China , 2.Thedevelopmentandreform commissionofZhabeidistrict,Shanghai,200070China , 3.Shnaghaidevelopmentstrategyresearchinstitute,Shnaghaimunicipalgovemmentdevelopmentresearchcenter , Shanhgai 200032,China 4.Schoolofeconomics,ShnaghaiUniversity,Shna ghai,200444,China Email:cxg721@126.tom Abstract SinceNew York ”PlazaAccord”inthe1980s,theyenhadcontinuedtoriseinvalueandJapan’seconomyhadexperiencedalong periodofmalaise.Inadditiontotheimpactoftheinternationalfinnacialcrisisin2008,theFukushimapowerplantnuclera leak nadthetsunamitriggeredbyhtemajorearthqukaeoccu~edinJpana in2011bohthithteJpaan’seconomy.Inordertostimulate economicdevelopment,Abe,Japan’snew govemmentlaunchedaseriesofradicalmonetaryeasingpolicies,flexiblefiscalandtax policies,nadlrage-scaleeconomicstimuluspoliciesin2013.Thenew Japna esegovernmentattemptedtochna geupto15years continuousdeflationsitu~ionbyexacerbatingthedepreciationoftheyen.ThispaperstudiedtheeconomicsituationinJpa an did , adepthnaalysisoftheAbegovernment’seconomicpolicyadjustmentnadofJapn

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