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Australia and Japan Create a New Economic Paradigm

Australia-Japan Foundation Project 2015-16

19 October 2016

The New Economic Paradigm that Japan and Australia have created is the transposition onto nation-level relations of the interplay of numerous factors and drivers that are found at the microeconomic and inter-firm level, combined with industry-level factors and ultimately with geopolitical, strategic and institutional alignments and the whole suite being risk-adjusted according to the principles of financial analysis:

  • relational economic contracts
  • new complementarities across value chains
  • risk-adjusted valuation of investment and trade
  • application of transaction cost economics
  • geopolitical and strategic alignment with Australia’s economic partners
  • institutional alignment, including values and legal protections
Australia and Japan Create a New Economic Paradigm [PDF 4.5 MB] Australia and Japan Create a New Economic Paradigm [Word 3.5 MB]
Last Updated: 19 October 2016

Category: People-to-people

Topic: Australia-Japan Foundation

Regions: East Asia

Countries: Japan