- Global Economic System and Domestic Policy
AbstractEven though the World economy is interlocked, each country has its own culture, and its economic structure and system are not always the same. In the authors opinion, the prolonged Japanese stagnation is caused , on one hand, by the failure of many economists and policy authorities in recognizing the seriousness of stock adjustment and, on the other hand, by Japans poor adjustment to worldwide globalization. Rawls difference principle is also advocated, with an emphasis on the importance of the governments strong policy stance.
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Bibliographic InfoArticle provided by Romanian Distribution Committee in its journal Romanian Distribution Committee Magazine Volume 1 Issue 2.
Volume (Year): 1 (2010)
Issue (Month): 2 (June)
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Web page: http://www.distribution-magazine.eu
global economic system; domestic policy; world economy;
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