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Japan's Lost Decade : Origins, Consequences and Prospects for Recovery, Paperback / softback Book

Japan's Lost Decade : Origins, Consequences and Prospects for Recovery Paperback / softback

Edited by Gary (University of Michigan) Saxonhouse, Robert (University of Michigan) Stern

Part of the World Economy Special Issues series

Paperback / softback

Description

This volume explores the origins of Japan’s current economic crisis and assesses the country’s prospects for recovery. An exploration of the origins and consequences of Japan’s current economic crisis. Examines the collapse of the equity and real estate market bubbles in the late 1980s. Analyses the failure of Japanese monetary and fiscal policies to reverse the ensuing economic decline. Evaluates unorthodox options available to policy makers that might enable Japan to recover from its ‘lost decade’. Suggests that Japan’s prospects for economic recovery are still uncertain.

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