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Japan's Policy Trap: Dollars, Deflation, and the Crisis of Japanese Finance

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Until quite recently, the Japanese inspired a kind of puzzled awe. They had pulled themselves together from the ruin of war, built at breakneck speed a formidable array of export champions, and emerged as the world's number-two economy and largest net creditor nation. And they did it by flouting every rule of economic orthodoxy. But today only the puzzlement remains--at Japan's inability to arrest its economic decline, at its festering banking crisis, and at the dithering of its policymakers. Why can't the Japanese ...

Japan's Policy Trap: Dollars, Deflation, and the Crisis of Japanese Finance 2003, Brookings Institution Press, Washington, DC

ISBN-13: 9780815702238

Trade paperback

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Japan's Policy Trap: Dollars, Deflation, and the Crisis of Japanese Finance 2002, Brookings Institution Press, Washington, DC

ISBN-13: 9780815702221

Hardcover

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