Introduction There has been a common understanding that waves of economic growth would spread from one region in a country to the whole country,and that they would also spread from one country to the whole world.
In other words this movement could possibly be stated by the expression, 「from Regionalism to Globalism」.
Since Japan basically lacks natural resources, which are indispensible factors for achieving even moderate economic growth, it has to depend on mutual cooperation regarding foreign transactions between nations.
It is important to investigate the mechanism of the transmission effects of one country's economic growth to the rest of the world.
Like others, Japanese economy has suffered considerable damage from the current world wide economic turbulence.
It will be significant for this Center to investigate the hidden factors which can ensure the recovery of the Japanese economy and its influence on the prosperity of the world wide economy.