Japans Lost Decade

Name: Japans Lost Decade
Brand: Springer Nature
SKU: 9789811050213
Availability: InStock

Japans Lost Decade

Brand

Springer Nature

Manufacturer

N/A

Part Number

GTIN

9789811050213

Condition

New

0 Reviews

0 Questions | 0 Answers

Product Description

This book discusses Japans long-term economic recession and provides remedies for that recession that are useful for other Asian economies. The book addresses why Japans 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 Japans economic stagnation stems from a vertical investmentsaving (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 Japans long-lasting recession are provided. This volume will be of interest to researchers and policy makers not only in Japan but also the Peoples Republic of China, many countries in the eurozone, and the United States, which may face similar challenges in the future.

Available Colors

N/A

Available Sizes

N/A

1 Offer Price Range: $84.99 - $84.99

BEST PRICE

Single Product Purchase

$84.99

@ Link.springer.com BUY Now

Price Comparison

Seller	Contact Seller	List Price	On Sale	Shipping	Best Promo	Final Price	Volume Discount	Financing	Availability	Seller's Page
BEST PRICE 1 Product Purchase @ Link.springer.com Rate Seller This functionality is for registered users only. Go to Login/Register		$84.99	$84.99			$84.99		See Site	In stock	Visit Store