RCAPS Seminar will be held on November 6th (Friday)
Manager Murakami will discuss the international financial crisis since last year and its effects, based on her experiences working in Wall Street and City of London.
It was said that this financial crisis was the worst in 100 years. The crisis, which was triggered by so-called the Lehman shock, had negative impacts on many companies in the world. Increasing concern that other financial institutions follow it, investors became risk averse and avoided taking new debt risk. In result, the credit market was nearly closed down; it became difficult and/or costly for many companies including blue-chip ones to raise funds in the money and capital market towards the end of calendar year. Without financing, consumers could no longer afford to buy houses, cars and other expensive goods. The stock and commodity market plunged and the currency market largely moved. Japanese yen, being believed to be relatively safer currency than any others, was largely strengthened against major currencies, and which gave Japanese companies another burden. Focus shall be on what kind of impacts we have seen, and how the Japan-based companies have been struggling in order to survive such crisis and to become sustainable company in the long run.
Interested applicants can register on the URL below.
http://survey.apu.ac.jp/surveyja/entry.jsp?content_id=1255567533487