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Economic Stagnation in Japan

Editor

Listed:
  • Dongchul Cho
  • Takatoshi Ito
  • Andrew Mason

Abstract

Japan’s dramatic transformation from economic success to economic stagnation offers important policy lessons to advanced countries everywhere that are struggling with stagnation. The term ‘Japanization’ is often used by economists to describe long-term stagnation and deflation. Symptoms include high unemployment, weak economic activity, interest rates near zero, quantitative easing, and population aging. In the global context, what can governments do to mitigate the downward trends experienced by Japan? This judiciously timed book investigates in depth the causes of Japan’s ‘lost decades’ versus the real recovery achieved by the United States, and the lessons that can be learned.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Dongchul Cho & Takatoshi Ito & Andrew Mason (ed.), 2018. "Economic Stagnation in Japan," Books, Edward Elgar Publishing, number 17837.
    • Handle: RePEc:elg:eebook:17837
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    Citations

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    Cited by:

    1. Gilles Dufrénot & Meryem Rhouzlane, 2018. "Secular Stagnation: New Challenges for the Industrialized Countries in the 21st Century," Working Papers halshs-01821669, HAL.
    2. Urbano Fra.Paleo, 2019. "Timescape of disaster risk governance in contemporary Japan: Neither state of normalcy nor constancy in regulation," PLOS ONE, Public Library of Science, vol. 14(4), pages 1-16, April.
    3. Jung, Kyu-Chul, 2021. "Korea's Inflation Expectations with regard to the Phillips Curve and Implications of the COVID-19 Crisis," KDI Journal of Economic Policy, Korea Development Institute (KDI), vol. 43(2), pages 81-101.

    Book Chapters

    The following chapters of this book are listed in IDEAS

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