Japan's great stagnation forging ahead, falling behind

This timely book presents a critical examination of the developmental premises of Japan's high-growth success and its subsequent drift into recession, stagnation and piecemeal reform. The country, which within a few decades of wartime defeat mounted a serious challenge to American hegemony, app...

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Main Author: Garside, W. R.
Corporate Author: Edward Elgar Publishing
Format: eBook
Language:English
Published: Cheltenham, U.K Edward Elgar c2012
Subjects:
Online Access:
Collection: Edward Elgar eBooks Archive 1993-2015 - Collection details see MPG.ReNa
Summary:This timely book presents a critical examination of the developmental premises of Japan's high-growth success and its subsequent drift into recession, stagnation and piecemeal reform. The country, which within a few decades of wartime defeat mounted a serious challenge to American hegemony, appeared incapable of fully adjusting to shifting economic circumstance once the impulses of catch-up growth and the good fortune of an accommodating international environment faded
1. Before stagnation : legacies of the high-growth period -- 2. Catch-up growth and maturity : developmentalism in retrospect -- 3. Developmentalism as ideology -- 4. Economic and financial policy in a changing international environment : the origins and course of the bubble economy -- 5. 'Losing a decade' : economic and financial hubris in recessionary Japan, 1990-97 -- 6. Funding a recovery : the impact and fate of fiscal policy, 1990-97 -- 7. Banking crises, monetary policy and deflation, 1997-2000 -- 8. Reform without salvation : Japan 1997-2000 -- 9. Recession, stagnation and the labour market : continuity and change in the 1990s -- 10. 'Lost decades?' : Japan's political economy in the New Millennium
Physical Description:viii, 219 p ill
ISBN:9780857938220
9780857938213