HOMEFaculty ≫ IWASAKI, Ichiro


Research Division of Comparative and World Economics

Transition Economies, Comparative Economic Systems


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Previous research

My main area of research is the economic study of post-socialist transition countries - an interest that has been borne as a result of having spent a total of six years as a diplomat at the Ministry of Foreign and Affairs and Japan's embassy in the Soviet Union/Russian Federation. I subsequently enrolled in Hitotsubashi University's graduate program, and for my PhD in economics, which I obtained in 2001, conducted a comparative study of economic institutions in the Central Asian countries of the former Soviet Union. Once employed at the Institute, I expanded my research area to include Russia and Hungary and engaged in a comparative study of the transition process to a market economy and enterprise reform in these two countries. With regard to theory, I have a strong interest in theoretical issues related to economic institutions, the comparison of enterprise systems, organizational economics, and the analysis of economics and the law.

Current research projects

The main research topics and projects I am currently involved in can be broadly categorized into the following four areas: (1) empirical analysis of the Russian economy under international sanctions; (2) empirical study of the impacts of global and European crisis on emerging economies, (3) meta-analysis of institutions; (4) compilation of long-term statistics on the countries of Central Asia. Among these topics, I am particularly concentrating on the first two projects: In 2019, I have launched an international project to study the impacts of international sanctions on the Russian regional economy and corporate sector. Furthermore, I am also conducting a research project which aims to empirically examine the impacts of European political and economic crises on former socialist emerging markets, focusing on the Ukrainian crisis in 2014.

economics of transition, comparative corporate systems, organizational economics,law and economics, meta-analysis, corporate governance, Russia, Hungary, Central Asia