Japan's Lost Decade: Origins, Consequences and Prospects for Recovery

Japan's Lost Decade: Origins, Consequences and Prospects for Recovery
ISBN-10
1405119179
ISBN-13
9781405119177
Category
Political Science
Pages
132
Language
English
Published
2004-03-05
Publisher
Wiley-Blackwell
Authors
Robert Stern, Gary Saxonhouse

Description

This volume explores the origins of Japan’s current economic crisis and assesses the country’s prospects for recovery. An exploration of the origins and consequences of Japan’s current economic crisis. Examines the collapse of the equity and real estate market bubbles in the late 1980s. Analyses the failure of Japanese monetary and fiscal policies to reverse the ensuing economic decline. Evaluates unorthodox options available to policy makers that might enable Japan to recover from its ‘lost decade’. Suggests that Japan’s prospects for economic recovery are still uncertain.

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