Ukraine Crisis Presses Japanese Companies to “Crisis Management for Taiwan Contingencies”

DOI

Bibliographic Information

Other Title
  • ウクライナ危機が日本企業に迫る台湾有事への備え

Abstract

On February 24, 2022, Russia launched an invasion of Ukraine. As the fighting dragged on contrary to initial expectations, the prices of Russia's main exports, crude oil and natural gas, soared. As a result, the European Union, which procures 60% of its energy from Russia, suffered a severe blow. Meanwhile, the U.S. and European countries imposed strong economic sanctions against Russia. Leading companies are increasingly withdrawing from Russia. The war has triggered the emergence of the China-Taiwan problem as a huge risk facing the international community. If China, which has become the “world's factory” and the world's second-largest economy, decides to unify Taiwan by force, the impact on the global economy would be incomparable to the war in Ukraine. In particular, Japan, which has close ties with China, would suffer a more significant blow than the EU from the war in Ukraine. This paper examines the impact on the Japanese economy in the event of a Taiwan contingency and the risks that Japanese companies should be prepared for.

Journal

Keywords

Details 詳細情報について

  • CRID
    1390016184224013696
  • DOI
    10.32241/crmsj.31.0_1
  • ISSN
    24346225
    0919245X
  • Text Lang
    ja
  • Data Source
    • JaLC
  • Abstract License Flag
    Disallowed

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