{"product_id":"japans-lost-decade-9781405119177","title":"Japans Lost Decade","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eThis volume explores the origins of Japan's current economic crisis and assesses the country's prospects for recovery.\u003cbr\u003e \u003cul\u003e \u003cli style=\"list-style:\" none\u003e\n\u003cbr\u003e \u003c\/li\u003e \u003cli\u003eAn exploration of the origins and consequences of Japan's current economic crisis.\u003c\/li\u003e \u003cli style=\"list-style:\" none\u003e\n\u003cbr\u003e \u003c\/li\u003e \u003cli\u003eExamines the collapse of the equity and real estate market bubbles in the late 1980s.\u003c\/li\u003e \u003cli style=\"list-style:\" none\u003e\n\u003cbr\u003e \u003c\/li\u003e \u003cli\u003eAnalyses the failure of Japanese monetary and fiscal policies to reverse the ensuing economic decline.\u003c\/li\u003e \u003cli style=\"list-style:\" none\u003e\n\u003cbr\u003e \u003c\/li\u003e \u003cli\u003eEvaluates unorthodox options available to policy makers that might enable Japan to recover from its lost decade'.\u003c\/li\u003e \u003cli style=\"list-style:\" none\u003e\n\u003cbr\u003e \u003c\/li\u003e \u003cli\u003eSuggests that Japan's prospects for economic recovery are still uncertain.\u003c\/li\u003e \u003c\/ul\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e1. The Bubble and the Lost Decade: Gary R. Saxonhouse and Robert M. Stern (both University of Michigan). \u003cp\u003e2. Retrospective on the Bubble Period and its Relationship to Developments in the 1990s: Takatoshi Ito (University of Tokyo).\u003c\/p\u003e \u003cp\u003e3. Why Does the Problem Persist? ‘Rational Rigidity’ and the Plight of Japanese Banks: Kiyohiko G. Nishimura (University of Tokyo) and Yuko Kawamoto (McKinsey \u0026amp; Company, Japan).\u003c\/p\u003e \u003cp\u003e4. Japan’s Fiscal Policies in the 1990s: Toshihiro Ihori (University of Tokyo), Toru Nakazato (Sophia University, Tokyo), and Masumi Kawade (University of Tokyo).\u003c\/p\u003e \u003cp\u003e5. Japan’s Negative Risk Premium in Interest Rates: The Liquidity Trap and the Fall in Bank Lending: Rishi Goyal (International Monetary Fund) and Ronald McKinnon (Stanford University).\u003c\/p\u003e \u003cp\u003e6. Japan’s Lost Decade and its Financial System: Mitsuhiro Fukao (Keio University, Tokyo).\u003c\/p\u003e \u003cp\u003eIndex.\u003c\/p\u003e","brand":"John Wiley and Sons Ltd","offers":[{"title":"Default Title","offer_id":49407856410967,"sku":"9781405119177","price":20.66,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781405119177.jpg?v=1730500754","url":"https:\/\/bookcurl.com\/products\/japans-lost-decade-9781405119177","provider":"Book Curl","version":"1.0","type":"link"}