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  1. Japan's lost decade
    policies for economic revival
    Autor*in:
    Erschienen: c2003
    Verlag:  International Monetary Fund, Washington, D.C

    Japan's economic performance since the early 1990s has been disappointing, both in relation to its own history and relative to the record of other major industrial countries. Real GDP growth has averaged 1 percent over the past 10 years, well below... mehr

    Otto-von-Guericke-Universität, Universitätsbibliothek
    eBook EBSCO AC
    keine Fernleihe

     

    Japan's economic performance since the early 1990s has been disappointing, both in relation to its own history and relative to the record of other major industrial countries. Real GDP growth has averaged 1 percent over the past 10 years, well below that in other OECD countries, and only one-fourth of the 4 percent annual avergae growth rate recorded in Japan in the 1980s. Japan, moreover, experienced three recessions in the past decade, in contrast to the trend in other industrial countries toward milder and less frequent downturns in the postwar period. Meanwhile, nominal GDP in 2001 was approximately the same as in (1995), as moderate deflation has become entrenched. This poor economic performance has led some commentators to call the 1990s Japan's "lost decade

     

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    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Beteiligt: Ostry, Jonathan David; Callen, Tim
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 1463993994; 9781463993993
    RVK Klassifikation: QG 870
    Schlagworte: Fiscal policy; Monetary policy; Foreign exchange rates
    Umfang: Online-Ressource (vii, 271 p), ill
    Bemerkung(en):

    Includes bibliographical references

    Current issues facing the financial sector / Tim Callen and Martin MühleisenBanks and credit in Japan / Giovanni Dell'Ariccia -- The resolution and collection corporation and the market for distressed debt in Japan / Kenneth Kang -- Structural reforms, information technology, and medium-term growth prospects / Tim Callen and Takashi Nagaoka -- Population aging : its fiscal and macroeconomic implications / Hamid Faruqee -- Fiscal policies during the demographic transition / Martin Mühleisen -- Fiscal policy : an evaluation of its effectiveness / Sanjay Kalra -- The zero-interest-rate floor and its implications for monetary policy in Japan / Ben Hunt and Douglas Laxton -- Monetary policy in a deflationary environment / Taimur Baig -- The yen-dollar rate : have interventions mattered? / Ramana Ramaswamy and Hossein Samiei -- The impact of Japanese economic policies on the Asia region / Tim Callen and Warwick J. McKibbin.

    Electronic reproduction; Available via World Wide Web