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Edward Elgar Publishing Economic Stagnation in Japan - Edward Elgar Publishing

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Description

Understand the complex shift from economic success to long-term stagnation with this deep dive into the phenomenon known as 'Japanization'. As advanced economies worldwide face similar challenges, this volume provides essential insights into the causes and potential remedies for sustained economic decline. This book examines the specific symptoms of Japanization, including high unemployment, weak economic activity, and interest rates that remain near zero. It also covers the impact of quantitative easing and the challenges posed by an aging population. By investigating the causes of Japan's 'lost decades', this work offers valuable lessons for governments and policymakers trying to mitigate downward economic trends. Part of the KDI/EWC series on Economic Policy, this text is an important resource for anyone studying economic conditions, deflation, and the global implications of Japan's economic transformation. It provides a detailed look at how modern economies can address the structural issues that lead to prolonged periods of low growth.

Key Features

Analyzes the causes and remedies of Japanization to provide lessons for other advanced nations facing economic stagnation.

Examines the symptoms of long-term stagnation including high unemployment, deflation, and weak economic activity.

Investigates the impact of monetary policies such as quantitative easing and the challenges of near-zero interest rates.

Explores the relationship between population aging and its effects on national economic trends.

Provides an in-depth look at the 'lost decades' to help policymakers understand the drivers of economic decline.

Offers a global perspective on what governments can do to mitigate downward economic trends experienced by Japan.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
26 January 2018
Listed Since
10 July 2017

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