HOMEFaculty ≫ IWASAKI, Ichiro


Professor / 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 five areas: (1) empirical study of the impacts of European crisis on emerging markets, (2) meta-analysis of the 25-year history of post-communist transition to a market economy; (3) empirical analysis of the Russian corporate system; (4) industrial linkages between multinational corporations and regional economies in Hungary; (5) compilation of long-term statistics on the countries of Central Asia. Among these topics, I am particularly concentrating on the first two projects: In 2010, I have launched a project to establish a Japan-made comparative transition economics through a meta-analysis of the 20-year history of the systemic transformation towards a market economy in Central and Eastern Europe and the former Soviet Union. Furthermore, in 2015, I also started an international 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