Japan's Economic Challenge
Author: United States. Congress. Joint Economic Committee
Publisher:
Published: 1990
Total Pages: 536
ISBN-13:
DOWNLOAD EBOOKRead and Download eBook Full
Author: United States. Congress. Joint Economic Committee
Publisher:
Published: 1990
Total Pages: 536
ISBN-13:
DOWNLOAD EBOOKAuthor: Michael Keresztesi
Publisher: Garland Science
Published: 1988
Total Pages: 464
ISBN-13:
DOWNLOAD EBOOKFirst published in 1988. Routledge is an imprint of Taylor & Francis, an informa company.
Author: United States. Congress. Joint Economic Committee
Publisher:
Published: 1992
Total Pages: 344
ISBN-13:
DOWNLOAD EBOOKAuthor: Iwao Hoshii
Publisher:
Published: 1964
Total Pages: 90
ISBN-13:
DOWNLOAD EBOOKAuthor: Jonathan Bruce Berman
Publisher:
Published: 1990
Total Pages: 266
ISBN-13:
DOWNLOAD EBOOKAuthor: Adam Simon Posen
Publisher: Peterson Institute
Published: 1998
Total Pages: 216
ISBN-13: 9780881322620
DOWNLOAD EBOOKCriticism of current Japanese macroeconomic and financial policies is so wide spread that the reasons for it are assumed to be self-evident. In this volume, Adam Posen explains in depth why a shift in Japanese fiscal and monetary policies, as well as financial reform, would be in Japan's self-interest. He demonstrates that Japanese economic stagnation in the 1990s is the result of mistaken fiscal austerity and financial laissez-faire rather than a structural decline of the "Japan Model." The author outlines a program for putting the country back on the path to solid economic growth - primarily through permanent tax cuts and monetary stabilization - and draws broader lessons from the recent Japanese policy actions that led to the country's continuing stagnation.
Author:
Publisher:
Published: 1990
Total Pages: 498
ISBN-13:
DOWNLOAD EBOOKAuthor: Herman Kahn
Publisher: William Morrow &Company
Published: 1980
Total Pages: 188
ISBN-13:
DOWNLOAD EBOOKAuthor: Arthur J. Alexander
Publisher: Lexington Books
Published: 2002-09-24
Total Pages: 363
ISBN-13: 0739156314
DOWNLOAD EBOOKJapan is living in the shadow of its economic miracle. Its stagnation and decline relative to other advanced economies since the early 1990s is a consequence of business and government difficulty in breaking away from once-successful practices. The Japanese postwar economic miracle created the world's second largest capitalist economy. This remarkable performance, in the face of such enormous obstacles, helped solidify, even sanctify, the institutions, methods, and political arrangements associated with the economic miracle. Based upon a decade of research articles distributed in the Japan Economic Institute's weekly report on Japan, In the Shadow of the Miracle analyzes the sources of Japanese growth and the nature and scale of its current economic problems. Chapters examine the steps being taken by Japan's government and business leaders to address the mounting national economic problems and the impact on Japan of the wider Asian financial crisis (1997-99). A final section addresses the question of whether Japan is fundamentally different from other advanced economies.
Author: Naoyuki Yoshino
Publisher: Springer
Published: 2017-09-20
Total Pages: 187
ISBN-13: 981105021X
DOWNLOAD EBOOKThis book discusses Japan’s long-term economic recession and provides remedies for that recession that are useful for other Asian economies. The book addresses why Japan’s economy has stagnated since the bursting of its economic bubble in the 1990s. Its empirical analysis challenges the beliefs of some economists, such as Paul Krugman, that the Japanese economy is caught in a liquidity trap. This book argues that Japan’s economic stagnation stems from a vertical “investment–saving” (IS) curve rather than a liquidity trap. The impact of fiscal policy has declined drastically, and the Japanese economy faces structural problems rather than a temporary downturn. These structural problems have many causes: an aging demographic (a problem that is frequently overlooked), an over-reliance by local governments on transfers from the central government, and Basel capital requirements that have made Japanese banks reluctant to lend money to start-up businesses and small and medium-sized enterprises. This latter issue has discouraged Japanese innovation and technological progress. All these issues are addressed empirically and theoretically, and several remedies for Japan’s long-lasting recession are provided. This volume will be of interest to researchers and policy makers not only in Japan but also the People’s Republic of China, many countries in the eurozone, and the United States, which may face similar challenges in the future.