Faculty of Literature and Social Sciences

Japanese Growth Strategy and Banks

Masaki Yamaguchi
Associate Professor
Department of Law, Economics and Public Policy

▲Books presenting our research

Local Banks Support Advancing Overseas

Recently, local banks have actively promoted overseas expansion such as business alliances with banks in Asia and opening overseas offi ces in Bangkok and Singapore. This trend is to support the overseas advance of small and medium-sized businesses. The government announced the Japan Revitalization Strategy in May 2013, which states that banks are expected to provide this support for Japanese growth. We have traveled to Shanghai three times, performing fieldwork to examine what the mechanism is for the work of local banks and what the economic functions are. Two business magazines have asked us to write about our research results.

▲Students performing international finance exercises

▲Market network analysis

▲Bank behavior pattern analysis

Exporting Infrastructure and Banks

In the Japan Revitalization Strategy, exporting infrastructure to developing countries is listed as a priority issue. The issue essential to infrastructure construction projects in developing countries is banks supplying funds by means of the project finance. Japanese megabanks are active in this fi eld, and we have used network analysis to clarify the competitiveness and competition structure. The overseas expansion of banks is closely related to the Japanese growth strategy; we are studying to clarify the realities of such expansion from multiple viewpoints.