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EN
The article presents a discussion on the Japanese economic model and chances to use it as an example for the countries of the South Eastern Asia. The social and economic system of Japan constituted, throughout the second part of the 20th century, an economic model of high efficiency and economic perfection. Therefore, after World War II the Japanese economic model became a point of reference for many developing countries in the South East Asia. However, stagnation in the Japanese economy provoked doubts concerning rightness of the strategy. In spite of that, the Japanese economic model can still serve as a pattern of development for the countries in South East Asia. With the reference to the social and economic policy; Japan has developed a system of national health insurance and has considerably shortened working hours. Expenses on environmental protection and on improvement in living conditions in large cities have been radically increased. Consequently, despite a decrease in the dynamics of economic growth and income the standard of living in Japan has definitely improved.
EN
Japanese economy is one of the largest economies in the world, but its share in the global GDP is decreasing steadily. Relative weakness is caused by both internal and external factors. Internal factors derive from a socio-economic model that was successful after World War II, but became less effective in the 21st century. On the other hand, external factors include: the growing competition from China and South Korea (the countries that initially emulated the Japanese model) and also the impact of natural disasters, which after several decades of relative seismic calm, have increasingly begun to affect the weakened economy of the Land of the Rising Sun. In addition, companies of the Silicon Valley have emerged on the market. When the software era arrived, Japan was still stuck to the production of hardware. In the face of the aforementioned challenges, successive governments in Tokyo have tried to break the unfavorable trend, which usually ended up with growing the public debt only. At the turn of 2012 and 2013 Shinzō Abe, an experienced politician, became the head of the Japanese government and announced a reform program named after his name – abenomics. The purpose of this article is the attempt to evaluate this program from the perspective of over four years from the time of its announcement.
EN
This article aims to examine the economic impact of emigration on labour market developments in Poland, Lithuania, Latvia and Estonia (since EU accession) in a comparative perspective. The realization of this goal required an analysis of the literature as well as statistical analysis. The impact of emigration on the unemployment rate reduction, the issue of labour shortages and the wage effect of emigration and rising inflation were analysed. The main conclusion of the study is that the nature of these effects seems to be country-specific. The analysis indicated that along with reduction in labour supply, the unemployment rate reduction, the wage growth pressure and inflation were observed in all of the analysed countries. However, the strength of these developments varied among them. This differentiation can be attributed firstly to a different scale and intensity of emigration. Furthermore, differences among the analysed countries in the scope of wage pressure and inflation should be explained in the context of changes in the domestic workers productivity.
EN
The authors make an attempt at analyzing the corporate governance system in Russia. At the outset, they explain the notion and nature of corporate governance and they present national systems of supervision in developed countries, i.e. in the United States, Germany and Japan. In the authors' view, the form of the corporate governance system in the Russian economy was determined by the privatization of state enterprises in 1990s. Other parts of the paper provide a description of basic institutions and corporate governance mechanisms within the Russian Federation.
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