Japan's Great Stagnation and Abenomics

Lessons for the World

Business & Finance, Economics, International Economics
Cover of the book Japan's Great Stagnation and Abenomics by Masazumi Wakatabe, Palgrave Macmillan US
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Author: Masazumi Wakatabe ISBN: 9781137438850
Publisher: Palgrave Macmillan US Publication: April 23, 2015
Imprint: Palgrave Macmillan Language: English
Author: Masazumi Wakatabe
ISBN: 9781137438850
Publisher: Palgrave Macmillan US
Publication: April 23, 2015
Imprint: Palgrave Macmillan
Language: English

As the global Great Recession continues, policymakers, economists, and the public are turning to Japenses economic revitalization for answers. Paul Krugman, Nobel laureate in Economics, once said that Japan was a "full-dress rehearsal for the current crisis." Japan has experienced and valiantly overcome the burst of their Bubble economy, financial crisis, lukewarm recovery, and more than a decade-long deflation and stagnation to become one of the most stable economies today.

Japan's Great Stagnation and Abenomics reveals the striking similarities of economic events and policies between the Great Stagnation and the current Great Recession. It also suggests possible dangers ahead and way-outs in the future. This exciting new volume is based on Wakatabe's expertise in economic history and the history of economic ideas and argues that any policy decision is related to cultural ideology. An investigation into the relationship between cultural ideology and policy helps us better understand the policy-making process.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

As the global Great Recession continues, policymakers, economists, and the public are turning to Japenses economic revitalization for answers. Paul Krugman, Nobel laureate in Economics, once said that Japan was a "full-dress rehearsal for the current crisis." Japan has experienced and valiantly overcome the burst of their Bubble economy, financial crisis, lukewarm recovery, and more than a decade-long deflation and stagnation to become one of the most stable economies today.

Japan's Great Stagnation and Abenomics reveals the striking similarities of economic events and policies between the Great Stagnation and the current Great Recession. It also suggests possible dangers ahead and way-outs in the future. This exciting new volume is based on Wakatabe's expertise in economic history and the history of economic ideas and argues that any policy decision is related to cultural ideology. An investigation into the relationship between cultural ideology and policy helps us better understand the policy-making process.

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