Largest Recipient Research Articles

Importing air pollution? Evidence from China’s plastic waste imports

Plastic waste trade has grown considerably in the last decades and has led to severe environmental problems in recipient countries. Being the largest recipient, China has permanently banned the imports of plastic waste since 2018. This paper examines the causal effect of plastic waste imports on air pollution by exploiting China’s experience of importing plastic waste and the recent import ban. By combining data on plastic waste imports with PM2.5 data at the city level for the years 2000–2011, we find that plastic waste imports increased PM2.5 density significantly in recipient cities. To evaluate the impact of the import ban on air quality, we employ daily data on air pollution between 2015 and 2020. Our difference-in-differences results show that affected cities, relative to other cities, experienced considerable improvement in air quality following the ban. Further analysis reveals that increased incineration of non-recycled waste is the main channel. These findings provide insights into the costs of importing plastic waste and the potential environmental gains from banning such imports in other countries.

Volatility spillover and hedging strategies among Chinese carbon, energy, and electricity markets

There is an intricate relationship between the carbon, energy, and electricity markets, and it is essential to clarify the relationship between them to promote the sustainable development of the three markets. This paper focuses on Chinese carbon, energy, and electricity markets and uses the TVP-VAR model to explore the risk spillover effects among these markets. It also combines the QVAR model with the TVP-VAR model to assess the impact of COVID-19 on their connectedness. Additionally, an effective diversified portfolio is constructed to cope with inter-market risk spillover. The empirical testing is conducted using a sample of eight bellwether stocks from Chinese carbon, energy, and electricity markets, spanning from August 1, 2013, to December 30, 2022. Results show that: 1. Risk spillover among the three markets is particularly evident in the downside or upside market. 2. The carbon market and electricity market are the largest recipients and transmitters of net risk spillovers, respectively. 3. During COVID-19, the carbon market enhanced the spillovers on other markets under market downside periods. Our findings provide theoretical references for market participants and regulators to address inter-market volatility spillovers.

Turkey's Humanitarian Aid Through Education Provision of the Syrian Children School-Aged Refugees

The article explains how the Turkish government carries out a policy of providing education for Syrian school-age refugees. Turkey is the largest recipient and the second largest contributor of Syrian refugee aid, primarily as a transit country with many refugees bound for Europe via Turkey before continuing to their destination countries. As the host of refugees, a significant amount requires Turkey to help and facilitate them to access various services, such as social services, health, and especially education for school-age children. The study uses qualitative methods through data collection in literature studies and descriptive data analysis. The study uses qualitative methods through data collection in literature studies and descriptive data analysis. Research has found that Turkey's education policy has shown significant results, helping Syrian refugees at school age because of the ease of access to education that can be obtained, including rights and benefits equal to other Turkish children. Policies imposed by Turkey, such as psychological assistance for children who are still experiencing trauma and the provision of facilities in temporary education or Turkish public schools, have been successfully adopted.

The dynamic effect of trading between China and Taiwan under exchange rate fluctuations

As an export-oriented economy, Taiwan’s export income can be easily influenced by internal and international economic factors, including the industrial production index (IPI) and the exchange rate. With China being Taiwan’s largest recipient, Taiwan’s export income from China is extremely important to Taiwan’s economy. Therefore, this research investigates the nonlinear relationship between the IPI of Taiwan and Taiwan’s export income from China with the application of a panel smooth transition regression (PSTR) model. In addition, the currency exchange rate of RMB to NTD, which is the transfer variable, is used to examine the dynamic effect. The research period is monthly data ranging from January 2001 to February 2022. The empirical results show that the effect of the IPI of Taiwan on Taiwan’s export income with China is dynamic. Moreover, with the existence of a threshold value, its influence changes as the currency exchange rate of RMB to NTD varies over time. Finally, regardless of whether the currency exchange rate of RMB to NTD is above or below the threshold value, as the IPI of Taiwan increases, Taiwan’s export income from China also increases, differing only in the degree of increase.

European foreign aid to regional organisations in Africa: bullies, overseers, micromanagers and samaritans

How do external actors promote regional international organisations (RIOs) through their regional foreign aid? Whereas most leading theories of regionalism stipulate that RIOs are designed and shaped by intra-­r­egional actors from ‘within’, this study develops a novel framework for exploring donor involvement in RIOs during various stages of the foreign aid policy cycle. The research design is based on a comparison of the four largest European donors of regional foreign aid (EU, Germany, Sweden and the UK) towards the largest recipient in Africa (African Union). The comparative analysis reveals considerable variation and each donor employ their own distinct approach, which we conceptualise as Bully (EU), Overseer (UK), Micromanager (Germany) and Samaritan (Sweden). This comparative design enables us not only to escape the EU-centrism that currently distorts the research field but also to analyse the different ways by which European donors try to influence and even control RIOs in Africa through their foreign aid. The deep donor involvement in RIOs in Africa challenges us to rethink external intrusion, the meaning of ownership as well as conventional boundaries of ‘inside’/’outside’ in the study of regionalism.

Dynamic and non‐neutral productivity effects of foreign ownership: A nonparametric approach

SummaryThis paper studies two novel productivity characteristics of foreign acquisition on high‐tech manufacturing firms: the dynamic and the non‐Hicks‐neutral effects. A dynamic productivity effect of foreign ownership arises when adoption of foreign technology and management practices takes time to fully realize. Furthermore, these dynamic adjustments may be capital or labor augmenting as adoption of advanced production technologies tends to have non‐neutral productivity implications in developed countries. We propose and implement an econometric framework to estimate both effects using firm‐level data from China's manufacturing sector. Our framework extends a nonparametric productivity framework, in which identification is achieved using a firm's first‐order conditions and timing assumptions. We find strong evidence of dynamic and non‐neutral effects from foreign ownership, with significant differences across investment sources. Investment from OECD sources is found to provide a long‐term productivity boost for all but the largest recipients, while that from Hong Kong, Macau, and Taiwan does not raise performance. These findings have implications for China's declining labor share and for the rising domestic value‐added content of its high‐tech exports.

Asymmetric ambiguity spillover among international equity markets

ABSTRACT We investigate the ambiguity spillover among international equity markets. We follow Brennan and Izhakian (2018) and develop monthly ambiguity measures using high-frequency trading data of equity indices. The ambiguity spillover demonstrates noticeable asymmetry. The US equity market is the largest ambiguity transmitter to the other markets, while the French equity market is the largest recipient. China has small ambiguity connectedness with the remaining markets. The risk, however, has similarly symmetric spillover effects among different markets.

HRM Comparative Performance and Practices within MNCs’ subsidiaries in Kazakhstan

The issue of human resource management (HRM) is critical to economic growth, particularly in the countries like the Commonwealth of Independent States (CIS) and in the transition economies of Central and Eastern Europe (CEE). The growing number of multinational corporations (MNCs) as one of the main drivers of the internationalization process in the HRM sector has attracted considerable attention from management scholars worldwide. The aim of this report is to discuss and analyse HRM performance and HRM practices in subsidiaries of MNCs in Kazakhstan, as the largest recipient of foreign direct investment (FDI) among CIS countries. The methodological approach of this study is based on the analysis of Poór et al. (2017) work on HRM performance and practices combined by cross-cultural management (CCM) of HRM in GLOBE study (House et al., 2004). It found that the subsidiaries of the MNCs in Kazakhstan tend to adopt the divergence of HRM functions and practices instead of the convergence concept by giving more freedom to the local HR departments in managing their HR roles and strategies. In terms of leadership style, Kazakhs prefer charismatic and team-oriented styles and belong to the societal cultural practices in the cultural dimensions of power distance and group collectivism. The implication practices of the study may help HR practitioners in both private sectors and public government administrations to understand about the importance of HRM policies and practices characteristics and behaviours amongst the MNCs subsidiaries a country, in achieving and improving labor productivity and business efficiency.

An Analytical Study of Investment Awareness Level of NRIs in Doaba Region of Punjab

Remittances relate to the money that migrants pay back to their home countries. We are sending remittances from more developed countries considerably aids the progress of less developed nations. India will receive $89 billion in remittances in 2021, making it the world's largest recipient. This study was conducted in the Doaba area of the Indian state of Punjab, which accounts for 1.7% of total remittances to India. This research attempts to assess the level of information Non-Resident Indians (NRIs) have about the various investment options available in banks in Punjab, according to their demographic profile. The researcher has endeavored to appreciate the extent to which NRIs are aware of the plethora of investment alternatives offered by banks in the state of Punjab in connection to the demographic profile. In order to collect data on the level of knowledge NRIs have about the various investment options, hypotheses and questionnaires are developed. References Reichert, J. (1981). The migrant syndrome: Seasonal U.S. wage labor and Rural Development in central Mexico. Human Organization, 40(1), 56–66. https://doi.org/10.17730 /humo. 40.1. c61 48p 57 4 3 512768. Kahali, A. (2016). Diaspora engagement: Need for paradigm shift -Indian perspective. Diaspora Studies, 10(1), 1–24. https://doi.org/10.1080/09739572.2016.1239432 Khandagale, D. B. D. (2017). Multiculturalism and Indian Diaspora. Journal of Indian Research, 5(4), 14–19. atra, M. D., & Kapur, M. (2003). India’s Worker Remittances: A Users’ Lament About Balance of Payments Compilation . Sixteenth Meeting of the IMF Committee on Balance of Payments Statistics Washington D.C., 1-5. Global Commission on international migration. International Organization for Migration. (n.d.). Retrieved September 26, 2022, from https://www.iom.int/global-commission-international-migration. Mea | media centre : Publications : Annual reports. (n.d.). Retrieved September 26, 2022, from https://mea.gov.in/annual-reports.htm?57/Annual_Reports National Portal of India. (n.d.). Retrieved September 26, 2022, from https://www.india.gov.in/annual-reports-under-ministry-external-affairs Khandagale, B. D. (2017). Multiculturalism and Indian Diaspora. Journal of Indian Research, 5(4), 14-19. Qureshi, K., & Osella, F. (2015). Punjabi diaspora and educational development. In India Migration Report 2014(pp. 125-138). Routledge India. Ministry of External Affairs. (n.d.). Retrieved September 23, 2022, from https://mea.gov.in/Uploads/PublicationDocs/31719_MEA_AR18_19.pdf. Ministry of External Affairs. (n.d.). Retrieved September 23, 2022, from https://mea.gov.in/Uploads/PublicationDocs/31719_MEA_AR18_19.pdf 01 starting pages - Ministry of External Affairs. (n.d.). Retrieved September 23, 2022, from https://mea.gov.in/Uploads/PublicationDocs/29788_MEA-AR-2017-18-03-02-2018.pdf Reserve Bank of India - RBI Bulletin. (n.d.). Retrieved September 23, 2022, from https://rbi.org.in/scripts/BS_ViewBulletin.aspx/. Villanthenkodath, M. A., & Mahalik, M. K. (2020). Technological Innovation and Environmental Quality Nexus in India: Does inward remittance matter? Journal of Public Affairs, 22(1). https://doi.org/10.1002/pa.2291. Jijin, P., Mishra, A. K., & Nithin, M. (2021). Macroeconomic determinants of remittances to India. Economic Change and Restructuring, 55(2), 1229–1248. https://doi.org/10.1007/s10644-021-09347-3 Dastidar, S. G., & Apergis, N. (2022). Do Remittances Promote Economic Growth? New Evidence from India. Economic Issues Journal Articles, 27(1), 11-37. Mallick, F. (2022). Recent Trends of International Migration from India . INTERNATIONAL JOURNAL OF HUMANITIES, ENGINEERING, SCIENCE AND MANAGEMENT, 3(01). Retrieved from https://journal.rkdfuniversity.org/index.php/ijhesm/article/view/136. Holst, E., Schäfer, A., & Schrooten, M. (2011). Remittances and gender: Theoretical considerations and empirical evidence. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.1750252. Singh, G., & Singh, S. (2007). Diaspora philanthropy in action: An evaluation of modernization in Punjab Villages. JPS, 14(2), 226. Bhat, Chandrashekhar & Narayan, Kadekar. (2010). Indian Diaspora, Globalization and Transnational Networks: The South African Context. J Soc Sci. 25. 13-23. 10.1080/09718923.2010.11892862. Patel, J. (2018). A STUDY ON CONTRIBUTION OF NRIs FOR RURAL DEVELOPMENT. PARIPEX - INDIAN JOURNAL OF RESEARCH, 7(4). Pande, A. (2018). India’s Experience with Remittances: a Critical Analysis. The Round Table, 107(1), 33-43. https://doi.org/10.1080/00358533.2018.1424078

ANALYSIS OF LOGISTIC RISKS OF RAILWAY TRANSPORT OF THE MINING AND CONCENTRATING PLANT UNDER CONDITIONS OF INCREASING PRODUCTION VOLUMES OF FINISHED PRODUCTS

Purpose. In modern conditions, the problem of increasing the efficiency of the railway transport of industrial enterprises is very urgent, and, first of all, this applies to enterprises of the metallurgical and mining industry, which are the largest recipients and consignors of goods by the railways of Ukraine. In this regard, the purpose of the study is to develop measures to increase the throughput and carrying capacity of the railway infrastructure of a mining enterprise in the context of an increase in the transportation of raw materials. Methods. The analysis of the technical equipment and technology of the railway transport of a large mining and processing plant in Ukraine was carried out using the methods of graphical analytical modeling. Results. The track development of the mining and processing plant ensures the delivery of iron ore from the quarry to the crushing and processing plant. The plant is presented as a system for transporting raw materials from loading points to unloading points, in which the process of its consumption is uniform (unloading ore on the tracks of a crushing plant), and the process of its replenishment is uneven (loading ore at loading points). Smoothing the uneven supply of raw materials between the points of loading and unloading provides the track capacity of the station adjacent to the crushing plant. The carrying capacity of the existing railway infrastructure of the plant does not ensure the mastery of the estimated volumes of transportation of raw materials. Analysis of the results of graphical modeling of the mining and processing plant showed that the limiting elements are the processing capacity of the crushing plant and long distances between the loading points and the abutment station. Organizational and technical solutions are proposed to increase the throughput of the railway infrastructure of the mining and processing plant. Practical significance. The results obtained can be used in the implementation of recommendations aimed at increasing the efficiency of the functioning of the railway transport of the mining and processing plant in conditions of an increase in the volume of transportation of raw materials.

MIGRATION FLOWS IN THE WORLD: VOLUMES, DIRECTIONS, GROWTH REASONS

Objective. The objective of the article is to analyze and evaluate the volumes, directions, growth reasons of migration flows in the world and determine measures to minimize their negative effect. Methods. In the process of establishing the volumes, directions and growth reasons of migration flows in the world, general scientific methods of scientific knowledge are used. The abstraction method is used to determine the migration-active regions. The grouping method is applied to determine the number of labour emigrants from Eastern European countries in 2010–2019. The comparison method is used for comparing the share of labour migrants in the total structure of the labour forces in the regions of the world in 2013 and 2017. The synthesis method is used to concretize the number of labour migrants in Africa in the context of integration associations in 2017. Methods of induction, concretization and abstraction are applied to determine the causes and directions of labour emigration in the Arab states of the Middle East. Results. The article deals the directions of labour migration in the world. A detailed analysis of the reasons and directions of labour migration flows to the EU countries is carried out. The main directions of labour emigration to the EU countries are determined and include: Europe-Europe (immigration from Eastern Europe to EU countries) and Africa-Europe (immigration from Africa to EU countries). The volume of labour emigration in the direction of Europe- Europe in the context of Eastern Europe donor countries is summarized. The main reasons for labour migration in the African region are formed, concretized and generalized. It is determined that despite the significant volumes of labour emigration to the EU countries, a characteristic feature of the African region is the predominance of intraregional labour migration (80 %). The main reasons for the decrease in the number of official labour migration from African countries to the EU is identified (the stricter requirements «immigration legislation» EU; the EU migra- tion crisis in 2015, the desire to avoid additional tax payments and preserve the possibility of receiving financial assistance). The main reasons and directions of the labour migration growth in the Asian region are summarized. It is determined that the largest number of labour migrants in the Asian region migrates both within the region (more migrants in countries with a higher income level) and to the Arab states of the Middle East. The states of the Middle East, which were the largest recipients in 2018, are identified.

The lost money: study of India's inward foreign remittances and its related factors - a panel data approach

Remittance serves as a very important component of income in GDP levels of many countries. As per the latest World Bank report on remittances, India is the largest recipient of foreign remittance. Although there are many remittance service providers (RSPs) operating in the market, yet a lot of remittance amount is lost in transaction owing to various costs associated with transferring such amount. The current study is an attempt to understand the competitive landscape of the remittance marketplace operating in the various migrant origin countries selected for analysis and compare their cost of sending money to India over a period of time (2014-Q1 to 2018-Q2). The study also identifies major cost transfer determinants using panel data analysis. The study has major policy implications.

STUDY OF THE PASSAGE AND TRANSPORTATION CAPACITY OF THE RAILWAY INFRASTRUCTURE OF THE MINING AND PROCESSING PLANT UNDER THE CONDITIONS OF INCREASING THE VOLUMES OF TRANSPORTATION OF RAW MATERIALS

Purpose. In modern conditions, the problem of increasing the efficiency of the railway transport of industrial enterprises is very urgent, and, first of all, this applies to enterprises of the metallurgical and mining industry, which are the largest recipients and consignors of goods by the railways of Ukraine. In this regard, the purpose of the study is to develop measures to increase the throughput and carrying capacity of the railway infrastructure of a mining enterprise in the context of an increase in the transportation of raw materials. Methods. The analysis of the technical equipment and technology of the railway transport of a large mining and processing plant in Ukraine was carried out using the methods of graphical analytical modeling. Results. The track development of the mining and processing plant ensures the delivery of iron ore from the quarry to the crushing and processing plant. The plant is presented as a system for transporting raw materials from loading points to unloading points, in which the process of its consumption is uniform (unloading ore on the tracks of a crushing plant), and the process of its replenishment is uneven (loading ore at loading points). Smoothing the uneven supply of raw materials between the points of loading and unloading provides the track capacity of the station adjacent to the crushing plant. The carrying capacity of the existing railway infrastructure of the plant does not ensure the mastery of the estimated volumes of transportation of raw materials. Analysis of the results of graphical modeling of the mining and processing plant showed that the limiting elements are the processing capacity of the crushing plant and long distances between the loading points and the abutment station. Organizational and technical solutions are proposed to increase the throughput of the railway infrastructure of the mining and processing plant. Practical significance. The results obtained can be used in the implementation of recommendations aimed at increasing the efficiency of the functioning of the railway transport of the mining and processing plant in conditions of an increase in the volume of transportation of raw materials.

EVALUATING THE ROLE OF NORWEGIAN AID IN AFGHAN ECONOMIC DEVELOPMENT: SWOT ANALYSIS AND THE ROLE OF ACTORS

Afghanistan's current reliance and dependency on foreign aid is not only due to the past three to four decades of war and civil dissension but came about even before the era of conflict. Since the fall of the Taliban regime in December 2001, Afghanistan has become an engaging country in the eyes of the international community and since then has become one of the largest recipients of foreign aid. The international community has pledged a huge amount of assistance for the reconstruction and development of Afghanistan. The main aim of this research paper is to attempt evaluating policy developments in Norwegian assistance to Afghanistan for economic and social development by employing SWOT analysis, understand the role of key actors involved in driving policy developments, and international agreements related to Norwegian aid assistance to Afghanistan. This policy analysis is grounded on the stages approach to the policymaking process. While the stages include agenda-setting, formulation, decision-making, implementation, and policy evaluation (Howlett, Ramesh & Perl, 2009), this paper largely focuses on the evaluation stage of policymaking.

‘Voodoo biology’: the right-to-life campaign against family planning programs in the United States in the 1980s

ABSTRACTTitle X, a federal program funding family planning services in the United States, had broad popular and political support throughout the 1970s. But in the early 1980s, it was subjected to a relentless campaign by anti-abortionists, most notably the Catholic absolutist Judie Brown. Brown blended social with economically conservative rhetoric, attempting to persuade Republican President Ronald Reagan and the broader right-to-life movement that attacking Title X was a legitimate means of targeting its largest recipient, Planned Parenthood. In highlighting Brown's activism and lobbying, and the actions of pro-lifers within the bureaucracy, this article illuminates the strategies of socially conservative women and their place within the contemporary Right. It also historicizes conservative interest in family planning and demonstrates the tension within the Reagan Revolution as single-issue activists struggled to compel the administration to match words with actions.

Effectiveness of aid-for-trade: Are there strings attached? Empirical evidence and the case of Vietnam

ABSTRACTThis paper tests empirically whether Aid-for-Trade has been working since its launch in the early 2000s. Using panel data consisting of 102 developing countries from 2002 to 2017, this paper finds that the Aid-for-Trade (AfT) initiative has been working conditionally. Specifically, AfT itself turns out to be effective in export promotion in developing countries, but more so only in a few countries with high growth rates. That is, AfT has greater effects in recipients with high state capacity and a sound economic environment. Additionally, the WTO-led AfT initiative, launched in 2005, has contributed to export promotion by aid recipients, indicating that more commitments from donor sides are essential for the effectiveness of AfT. These empirical findings are supported with evidence from the case of Vietnam, one of the largest recipients of both ODA and AfT, which illustrates the importance of the economic environment in which AfT initiative is implemented. Strategic economic policies implemented by the Vietnamese government have moved its centrally planned economy to a market-based economy, thus promoting integration with the global economy and creating a compatible environment for AfT.

Configuraciones migratorias: una reflexión para tres escenarios alemanes

Resumen El artículo presenta una reflexión etnográfica sobre las configuraciones de la experiencia migrante en siete ciudades de tres estados alemanes. Partiremos por situar, en el segundo apartado, el contexto migratorio en Alemania, a través de una síntesis de datos oficiales estadísticos. En el tercero, presentamos nuestras observaciones sobre el contexto migratorio en las ciudades del estado de Turingia. En el cuarto, en las ciudades de Hesse y, en el quinto, en las de Renania del Norte-Westfalia. Cerramos con reflexiones sobre las configuraciones migrantes en estos tres territorios de Alemania.

FOREIGN DIRECT INVESTMENT LAW IN ASEAN COUNTRIES: PROSPECT FOR ASEAN ECONOMIC COMMUNITY

<p>The development of ASEAN towards the establishment of ASEAN Economic Community (AEC) at the end of 2015 has brought into sharp focus on the issue of economic and financial integration in the region. The ASEAN region has been the largest recipient of FDI, relative to GDP in Asia Pacific. Between 1952 and 2012, Singapore accounts for more than half of total FDI to the whole region. Thailand ranks the second with a 13 percent share, followed by Indonesia, Malaysia, Vietnam and the Philippines which account between 13 to 8 percent. Foreign direct investment into ASEAN recovered from the world economic crisis and regained its 2007 level of USD 76 thousand million in 2010. ASEAN Dialogue Partners comprising EU, USA and Japan accounted USD 64 thousand million, while the share of Intra-ASEAN in this total was 16% which indicates the progress of ASEAN integration. Theories of economic integration and market liberalization have been used to explain the role of foreign direct investment in developing countries. This paper aims to examine ASEAN’s financial integration prospects. ASEAN integration could accelerate in the years ahead with enhancing financial infrastructure and reliable flexible policy frameworks. On the long term closer engagement among member countries could potentially increase real incomes and accelerate real convergence.</p>

Partners or donors: The perceived roles of Global Fund Principal Recipient NGOs in HIV prevention programmes in Ukraine

Ukraine has one of Europe's fastest growing HIV rates and in 2003–2012 was one of the largest recipients of funding from the Global Fund to Fight AIDS, Tuberculosis and Malaria (GF). Doctoral research recently completed by the author investigates the conduct and practice of international and national nongovernmental organisations (NGOs) as Principal Recipients (PRs) of GF grants in Ukraine from 2003 to 2012. An ethnographic enquiry including 50 participant interviews was conducted in three oblasts in Ukraine, and in its capital, Kyiv. The paper presents some of the findings that emerged from the analysis. Discussing the PR NGOs roles and practices in delivering HIV prevention programmes funded by GF, the author argues that the anticipated benefits of NGO partnerships between PR NGOs and their Sub-Recipients (SRs) have not been achieved. Rather, PRs acted as donors and ran highly discretionary policies in channelling GF funding to SRs that installed competition and vertical relations between NGO-grantors and NGO-grantees. The outcome was a servile civil society that is dependent on external funding and is unable to genuinely represent their communities. With an anticipated GF phasing out from Ukraine, there is a critical lack of advocacy potential of the civil society to articulate and defend the needs of PLHIV when transferring HIV services into state funding.

PECULIARITIES OF INVESTMENT STRATEGIES OF JAPAN AND THE PROSPECTS OF COOPERATION WITH RUSSIA

Topic. Japan has excess financial resources and since the late 2000s is the second largest direct foreign investor in the world after the United States (except in 2014 and 2016, when Japan was down to 4 th place). At the same time, Japan is not included in the 20 largest recipients of foreign direct investment (FDI). This imbalance is due to a combination of the expansion of Japanese multinational corporations (MNCs) in foreign markets with the traditional protection of domestic market from foreign competition, what differentiates Japan from other major players in Asia, primarily China, Hong Kong and Singapore. Such a synthesis of openness to the outside and closing from the inside largely allowed Japan to create and save your own unique self-contained culture of management and to introduce Western institutions without fear of the loss of a special national character. Purpose. Analysis of modern tendencies of economic development and investment processes of Japan with special emphasis on reviewing problems and prospects for Russian-Japanese investment cooperation. Methodology. There were used methods of scientific abstraction, statistical analysis, and logical generalization. Results. Large-scale stimulation of domestic demand through monetary, credit, and budgetary policies have not led to the expected recovery of the Japanese economy. The reason for the stagnation lies in a conservative approach to innovation while maintaining adherence to traditional production methods. The experience of Japan is of interest to Russia. Pursuing a strategy of advanced development of foreign trade sector in conditions of financial globalization, Japan attaches high priority to boosting domestic demand, to the development of the national financial market, and to the establishment of regional production networks. As the largest net investor in the world, Japan constantly diversifies sphere of foreign investments. Conclusions . The direction of Russian-Japanese cooperation in the sphere of joint implementation of significant innovative projects can have a long-term multiplier effect for the return of both economies to a trajectory of sustainable growth.