Template-Type: ReDIF-Article 1.0 Author-Name: Larisa G. Chuvakhina Author-Email: l-econom@mail.ru Author-Workplace-Name: State University of the RF Ministry of Finance, Moscow, Russia Title: Economic “Tsunami” of the Environmental Catastrophe in Japan Abstract: The material presents analysis of the economic situation in Japan that resulted from the environmental catastrophe. Potential impact of the tragedy in Japan on the global economy is investigated. Arguments for repatriation of Japanese capital for the purposes of the national economy recovery in the absence of free capital are presented. The author stresses the need for establishment of an international environmental fund for financing of global climate-related projects. Classification-JEL: N15, N25, N55 Keywords: financial “tsunami”, environmental catastrophe, state debt, repatriation of capital, international environmental fund Journal: Finansovyj žhurnal — Financial Journal Pages: 33-44 Issue: 3 Year: 2011 Month: July File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2011/3/statii/2011_03_03.pdf File-Format: Application/pdf Handle: RePEc:fru:finjrn:110303:p:33-44