THE IMPACT OF JAPANESE POLICY ON EU ECONOMY (2008-2013)

The purpose of this paper is to bring a new point of view on the real financial policy of the Japanese government over the last two decades. In 2008/2009 the world was hit by a dramatic economic crisis that changed the life of millions of people all around the world. As a first consequence, the countries that dominated the IMF (International Monetary Fund) until that date found themselves in difficulty to assist financially a lot of countries worldwide that needed a bailout. The real problem was that IMF had only $200 billion at that date, less than necessary to provide a real assistance. The rescue came, as a surprise, from Japan that lent $100 billion to the IMF. One of the major questions of this paper is why Japan made such a bold action at that time? [PUBLICATION ABSTRACT]