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003			KUKTEM
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008			110321t2008 ja a f b 001 0 eng d
020			_a9784903452128
020			_a4903452123
039		9	_a201107140039 _bVLOAD _c201103211013 _dfauzi _y201103211012 _zfauzi
040			_aUMP
041			_aeng _hjpn
090			_aHC462.95 .Y67 2008
100	1		_aYoshikawa, Hiroshi
240	1	0	_aTenkanki no Nihon keizai _lEnglish
245	1	0	_aJapan's lost decade / _cHiroshi Yoshikawa ; translated by Charles H. Stewart
250			_aRev. and expanded ed.
260			_aTokyo : _bI-House Press, _c2008
300			_axvi, 267 p. : _bill. ; _c24 cm.
490	1		_aLTCB international library selection ; _vno. 11
504			_aIncludes bibliographical references (p. 255-263) and index
505	0		_aMacroeconomic analysis of the 1990s. High growth in the past -- The 1990s -- Demand or supply? -- What type of demand? -- The "abnormality" of demand fluctuations -- Investment -- Investment to increase production capacity, and stock adjustment -- The recovery of 1995-1996 -- The fiscal policy error of 1997 -- The prolonged consumption slump -- Bad debts and the Japanese economy. Money supply and the credit crunch -- The bubble and bad debts : banks -- The bubble and bad debts : firms -- The background to the real estate boom -- Monetary policy and prudential policy -- The credit crunch of 1997-1998 -- Exchange rates. The fixed exchange rate system and the floating exchange rate system -- The determination of foreign exchange rates : short-run, mid-run, and long-run -- Purchasing power parity -- The pre-war Japanese economy -- The appreciation of the yen over the past 25 years -- Theories blaming the high yen for Japan's economic doldrums -- Japan's manufacturing and nonmanufacturing industries. Small and medium firms, and the self-employed -- An historical turning-point -- The agriculture -- Structural stagnation -- The labor market in the "ice age." Japan's rising unemployment rate -- The mismatch in labor market -- Labor mobility -- Underemployment -- The risk of falling into a deflationary spiral -- The aging of society and fiscal policy. Ill-advised fiscal reconstruction -- The alleged burden of debt -- The national burden ratio -- The social security -- Structural reform -- The future. Has Japan's potential growth rate actually declined? -- Demand and economic growth. The Japanese economy of the 1990s. What must be done? -- Japan's lost decade : what have we learned and where are we heading? Introduction. The Japanese economy of the 1990s. Macroeconomic policies. Fiscal policy. Monetory policy. Japan's potential growth : The importance of demand-creating innovation. Conclusion
650		0	_aBusiness cycles _zJapan
651		0	_aJapan _xEconomic conditions _y1989-
651		0	_aJapan _xEconomic policy _y1989-
830		0	_aLTCB international library selection ; _vno. 11
999			_aVIRTUA40 _c56998 _d57004
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