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Post-bubble blues : how Japan responded to asset price collapse /
Japans accounts for over half the output of the Asian region, but for muchof the 1990s its economy was virtually stagnant, and it is only just emerging from its worst recession since the Second World War.
| Clasificación: | Libro Electrónico |
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| Otros Autores: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund,
[2000]
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | Japans accounts for over half the output of the Asian region, but for muchof the 1990s its economy was virtually stagnant, and it is only just emerging from its worst recession since the Second World War. In this volume, a team from the International Monetary Fund examines the causes of the lingering economic problems of Japan, the crisis in its banking system, the reasons for weak business investment, and the government's efforts to kick-start the economy through a series of stimulus packages. What caused Asia's largest economy, once the envy of the world, to lag behind many of the other industrial countries? And why did it take so long for Japan to recover from the bursting of its asset price bubble of the late 1980s? In this volume, a team from the International Monetary Fund examines the causes of the lingering economic problems of Japan, the crisis in its banking system, the reasons for weak business investment, and the government's efforts to kick-start the economy through a series of stimulus packages. This book presents a compelling story about Japan's economy. Its message - that banking reform and corporate restructuring are central to any sustained revival of the economy- is backed up through detailed background research. This research provided the analytical framework for the IMF's policy advice during a period of rapid change--a period during which macroeconomic policymaking moved into uncharted territory. The research papers were prepared by members of the Japan team in the IMF during 1998 and the first half of 1999. |
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| Descripción Física: | 1 online resource (v, 227 pages) : illustrations |
| Bibliografía: | Includes bibliographical references. |
| ISBN: | 9781455233557 1455233552 1283535386 9781283535380 9781455222537 1455222534 1462321968 9781462321964 9786613847836 6613847836 |