Japan's Lost Decade

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. * Anal [...]
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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.