| Description |
1 online resource (v, 227 pages) : illustrations |
| Contents |
The morning after: explaining the slowdown in Japanese growth / Tamim Bayoumi -- Identifying the shocks: Japan's economic performance in the 1990s / Ramana Ramaswamy, Christel Rendu -- Explaining the slump in Japanese business investment / Ramana Ramaswamy -- Where are we going? The output gap and potential growth / Tamim Bayoumi -- Too much of a good thing? The effectiveness of fiscal stimulus / Martin Muhleisen -- Monetary policy transmission in Japan James Morsink, Tamim Bayoumi -- Financial reorganization and corporate restructuring in Japan / Joachim Levy -- Reform of Japan's insolvency laws / Joachim Levy |
| Summary |
Japans accounts for over half the output of the Asian region, but for muchof the 1990s its economy was virtually stagnant, and it is only just emerging from its worst recession since the Second World War |
|
In this volume, a team from the International Monetary Fund examines the causes of the lingering economic problems of Japan, the crisis in its banking system, the reasons for weak business investment, and the government's efforts to kick-start the economy through a series of stimulus packages |
|
What caused Asia's largest economy, once the envy of the world, to lag behind many of the other industrial countries? And why did it take so long for Japan to recover from the bursting of its asset price bubble of the late 1980s? In this volume, a team from the International Monetary Fund examines the causes of the lingering economic problems of Japan, the crisis in its banking system, the reasons for weak business investment, and the government's efforts to kick-start the economy through a series of stimulus packages. This book presents a compelling story about Japan's economy. Its message - that banking reform and corporate restructuring are central to any sustained revival of the economy- is backed up through detailed background research. This research provided the analytical framework for the IMF's policy advice during a period of rapid change--a period during which macroeconomic policymaking moved into uncharted territory. The research papers were prepared by members of the Japan team in the IMF during 1998 and the first half of 1999 |
| Bibliography |
Includes bibliographical references |
| 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. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
|
English |
|
Print version record |
|
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
| Subject |
Stocks -- Prices -- Japan
|
|
Financial crises -- Japan
|
|
Monetary policy -- Japan
|
|
BUSINESS & ECONOMICS -- Economic Conditions.
|
|
BUSINESS & ECONOMICS -- Economic History.
|
|
BUSINESS & ECONOMICS -- Economics -- Comparative.
|
|
POLITICAL SCIENCE -- Economic Conditions.
|
|
Economic history
|
|
Financial crises
|
|
Monetary policy
|
|
Stocks -- Prices
|
|
Economische situatie.
|
|
Effectenhandel.
|
| SUBJECT |
Japan -- Economic conditions -- 1989-
http://id.loc.gov/authorities/subjects/sh90003616
|
| Subject |
Japan
|
| Form |
Electronic book
|
| Author |
Bayoumi, Tamim A., editor.
|
|
Collyns, Charles, editor.
|
| LC no. |
99058930 |
| ISBN |
9781455233557 |
|
1455233552 |
|
1283535386 |
|
9781283535380 |
|
9781455222537 |
|
1455222534 |
|
1462321968 |
|
9781462321964 |
|
9786613847836 |
|
6613847836 |
|
