Japan's bubble, deflation, and long-term stagnation
Material type: TextPublication details: 2011 The MIT Press LondonDescription: xi, 420 pISBN:- 9780262014892
- 330.952 J2
Item type | Current library | Call number | Status | Date due | Barcode | Item holds | |
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Book | Ahmedabad | 330.952 J2 (Browse shelf(Opens below)) | Available | 175168 |
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Japan's economic bubble burst in the early 1990s, and the country entered its famous lost decade?a period of stagnation and economic disruption that persisted until 2003. The current declines in global equity and real estate markets have eerie parallels to Japan's economic woes of the 1990s. If we are to avoid repeating Japan's experience on a global scale, we must understand what happened, why it happened, and the effectiveness (or ineffectiveness) of Japan's policy choices. In this volume, prominent economists Japan specialists and others bring state-of-the-art models and analytic tools to bear on these questions. (http://mitpress.mit.edu/catalog/item/default.asp?ttype=2&tid=12311)
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