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Author Bayoumi, Tamim A.

Title The morning after : explaining the slowdown in Japanese growth in the 1990s / prepared by Tamim Bayoumi
Published [Washington, D.C.] : International Monetary Fund, Asia and Pacific Dept., [1999]
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Description 1 online resource (37 pages) : illustrations
Series IMF working paper ; WP/99/13
IMF working paper ; WP/99/13
Summary What explains the Japanese economic slump of the 1990s? This question has gained increased importance with the economy's recent plunge into recession. Before the latest bout of weakness, many regarded the downturn in activity which followed the bursting of the asset price bubble in 1991 as following a normal cyclical pattern, although somewhat longer than usual due to the size of the asset deflation. In particular, the nascent signs of economic expansion through much of 1996 and early 1997 appeared to confirm that the economy was regaining its balance (albeit assisted by some demand shifting in anticipation of the consumption tax hike in April 1997), and could be expected to recover steadily over the next few years
Bibliography Includes bibliographical references (pages 36-37)
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. MiAaHDL
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Deflation (Finance) -- Japan -- Econometric models.
Foreign exchange rates -- Japan -- Econometric models.
Interest rates -- Japan -- Econometric models.
Monetary policy -- Japan -- Econometric models.
Japan -- Economic conditions -- 1989- -- Econometric models.
Form Electronic book
Author International Monetary Fund. Asia and Pacific Department.
ISBN 1281604070