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Research Activities

Research Projects

FY 2008/2009 Research Topic: 4-23
Birth of the Capital Goods Market and Foreign Direct Investment to Russia and Vietnam


What a country becomes a member of WTO means that some country risks will diminish with WTO rules. This means that foreign companies can invest to the country without feeling some country risks fear. Therefore if the country decides to become a member of WTO, the number of foreign direct investment to the country will grow in joining WTO or thereabout. These foreign direct investments cause the infrastructure investment. Next this infrastructure demands lead to the capital goods demand. The economy begins a higher growth track in this way. Here we call such economic growth "high economic growth of WTO type".
Both Russia and Vietnam have continued high economic growth, one is going to join WTO and another already joined WTO. The research project is going to inspect if both economic growth is "high economic growth of WTO type".



Members of the Research Project

ITO Yoshimi (Visiting Professor, Kanagawa Institute of Technology)
HACHIGA Soichi (Secretary General, Japan Machine Tool Builders' Association)
YAHATA Shigemi (Professor, Faculty of Lifelong Education and Career Studies, Hosei University)
SHIMIZU Shinji (Professor, Department of Mechanical Engineering Faculty of Science and Technology Sophia University)
SAKAGUCHI Izumi (Vice Head, Japan Association for Trade with Russia and NIS)