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Growth and crisis in the Japanese economy

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Abstract

Japan’ economy has experienced a period of very rapid economic growth in the 1950-1973 years, a partial slowing down of the rate of growth up to the end of the 1980s and then a prolonged severe structural crisis in the last two decades. The paper gives an overview of Japan’s main economic trends and policies in the post-war period and tries explaining the period of rapid growth and the period of structural crisis with an interpretative framework that can in part account for both phases.

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File URL: http://www.unito.it/unitoWAR/ShowBinary/FSRepo/D031/Allegati/WP2012Dip/7_WP_Valli.pdf
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Paper provided by University of Turin in its series Department of Economics and Statistics Cognetti de Martiis. Working Papers with number 201207.

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Length: 27 pages
Date of creation: Apr 2012
Date of revision:
Handle: RePEc:uto:dipeco:201207

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  1. Maddison, Angus, 2007. "Contours of the World Economy 1-2030 AD: Essays in Macro-Economic History," OUP Catalogue, Oxford University Press, number 9780199227204, October.
  2. Yoshikawa, Hiroshi, 1995. "Macroeconomics and the Japanese Economy," OUP Catalogue, Oxford University Press, number 9780198233268, October.
  3. Dore, Ronald, 2000. "Stock Market Capitalism: Welfare Capitalism: Japan and Germany versus the Anglo-Saxons," OUP Catalogue, Oxford University Press, number 9780199240616, October.
  4. Ricardo J. Caballero & Takeo Hoshi & Anil K. Kashyap, 2006. "Zombie Lending and Depressed Restructuring in Japan," NBER Working Papers 12129, National Bureau of Economic Research, Inc.
  5. Andrea Boltho & Maria Weber, 2009. "Did China follow the East Asian development model?," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 6(2), pages 267-286, December.
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