Research Programs: International Trade and Investment

Globalization and the Japanese Economy: Firm Adjustment and Global Trade Governance

Project Leader/Sub-Leader

URATA Shujiro

URATA Shujiro (Faculty Fellow)



Protectionism has been increasing since the Global Financial Crisis (GFC) in 2007. Behind this trend is a growing anti-globalism sentiment, which is supported by the people, who have been negatively affected due to the rapidly advancing globalization of economic activities in the form of cross-border exchanges of goods, services, capital, and people. Globalization contributed enormously to the rapid growth of the world economy in the Post-WWII period. Globalization brings benefit in the form of economic growth in the medium to long term, while it may cause problems in the short term at the micro-economic level. With these observations in mind, the project quantitatively examines the economic impacts of globalization on the Japanese economy, especially in the form of expansion of foreign trade. This project also analyzes the current status and problems of the world trading system, which has significant impacts on globalization.

May 11, 2020 - April 30, 2022

Major Research Results


Discussion Papers

Policy Discussion Papers


RIETI Discussion Papers