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Japan's policy trap : dollars, deflation, and the crisis of Japanese finance /

Much is puzzling about Japan's finances today: its inability to arrest its economic decline, its festering banking crisis, and the dithering of its policymakers. Why can't the Japanese government find the political will to fix the country's problems? Japan's Policy Trap offers a...

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Bibliographic Details
Call Number:Libro Electrónico
Main Author: Mikuni, Akio, 1939-
Other Authors: Murphy, R. Taggart
Format: Electronic eBook
Language:Inglés
Published: Washington, D.C. : Brookings Institution Press, ©2002.
Subjects:
Online Access:Texto completo
Description
Summary:Much is puzzling about Japan's finances today: its inability to arrest its economic decline, its festering banking crisis, and the dithering of its policymakers. Why can't the Japanese government find the political will to fix the country's problems? Japan's Policy Trap offers a provocative new analysis of the country's protracted economic stagnation. Japanese insider Akio Mikuni and long-term Japan resident R. Taggart Murphy contend that the country has landed in a policy trap that defies easy solution. The authors, who have together spent decades at the heart of Japanese finance, expose the.
Physical Description:1 online resource (xiii, 294 pages) : illustrations
Bibliography:Includes bibliographical references and index.
ISBN:0815798768
9780815798767