Economic stagnation in Japan exploring the causes and remedies of Japanization
Japan's dramatic transformation from economic success to economic stagnation offers important policy lessons to advanced countries everywhere that are struggling with stagnation. The term 'Japanization' is often used by economists to describe long-term stagnation and deflation. Sympto...
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| Weitere Verfasser: | , , , , , , , , , , , , |
| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
Cheltenham, UK, Northampton, MA, USA
Edward Elgar Publishing
2018
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| Schriftenreihe: | KDI/EWC series on economic policy
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| Schlagworte: |
Stagnation
> Deflation
> Niedrigzinspolitik
> Finanzpolitik
> Wirkungsanalyse
> Wirtschaftslage
> Japan
> Südkorea
> Wirtschaftspolitik
> Entwicklung
> Unterentwicklung
> Ursache
> Ressourcenallokation
> Effektivität
> Finanzwirtschaft
> Währungspolitik
> Fiskalpolitik
> Internationaler Vergleich
> Implikation
> Economic policy
> Economic conditions
> Erde
> Aufsatzsammlung
> Wirtschaftswachstum
> Wirtschaftliche Lage
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| Online Zugang: | Full Text |
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Tag hinzufügen | Zusammenfassung: | Japan's dramatic transformation from economic success to economic stagnation offers important policy lessons to advanced countries everywhere that are struggling with stagnation. The term 'Japanization' is often used by economists to describe long-term stagnation and deflation. Symptoms include high unemployment, weak economic activity, interest rates near zero, quantitative easing, and population aging. In the global context, what can governments do to mitigate the downward trends experienced by Japan? This judicious volume investigates in depth the causes of Japan's 'lost decades' versus the real recovery achieved by the United States, and the lessons that can be learned. This book helps to provide a basis for assessing a wide range of policy approaches from which policymakers and governments can choose to avoid economic decline. The expert contributions provide an overview of the pattern of `Japanization' in a global economic perspective, analyze similarities and differences between the Korean and Japanese economies, and examine policy measures taken by Japan during the lost decades. From this analysis, the book proposes future policy solutions for countries experiencing 'Japanization'. Economic stagnation and the relevant policy reactions have been of keen interest around the globe since the global financial crisis and this book will be an invaluable resource for scholars, policymakers, and economic commentators alike |
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| Beschreibung: | "A joint publication of the Korea Development Institute, The East-West Center, and Edward Elgar Publishing Ltd." - Titelseite "A joint publication of the Korea Development Institute, The East-West Center, and Edward Elgar Publishing Ltd." - Titelseite |
| Beschreibung: | xi, 326 Seiten Illustrationen 24 cm |
| ISBN: | 9781788110433 978-1-78811-043-3 |