Japan's Great Stagnation and Abenomics

Lessons for the World
1. Auflage 2015
ISBN: 978-1-349-49411-8
Verlag: Palgrave Macmillan US

Buch, Englisch, 209 Seiten, Paperback, Format (B × H): 140 mm x 216 mm, Gewicht: 2873 g

As the global Great Recession continues, policymakers, economists, and the public are turning to Japenses economic revitalization for answers. Paul Krugman, Nobel laureate in Economics, once said that Japan was a "full-dress rehearsal for the current crisis." Japan has experienced and valiantly overcome the burst of their Bubble economy, financial crisis, lukewarm recovery, and more than a decade-long deflation and stagnation to become one of the most stable economies today.

Japan's Great Stagnation and Abenomics reveals the striking similarities of economic events and policies between the Great Stagnation and the current Great Recession. It also suggests possible dangers ahead and way-outs in the future. This exciting new volume is based on Wakatabe's expertise in economic history and the history of economic ideas and argues that any policy decision is related to cultural ideology. An investigation into the relationship between cultural ideology and policy helps us better understand the policy-making process.

Zielgruppe

Research

Autoren/Hrsg.

Wakatabe, Masazumi

Fachgebiete

• Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaftsgeschichte
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Volkswirtschaften einzelner Länder und Regionen
• Geisteswissenschaften Geschichtswissenschaft Geschichtliche Themen Wirtschaftsgeschichte
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Makroökonomie

Inhaltsverzeichnis

1. Introduction: Once It happened in Japan 2. Thirty Years' Economic Crisis 3. Thirty Years' Intellectual Crisis 4. Shadow of History: What We Could Still Learn From the Great Depression of the 1930s 5. The Future Again? The Assessment of Abenomics 6. Concluding Remarks: Beware of Japanization

Über Autor(innen)

Masazumi Wakatabe is Professor of Economics at Waseda University, Japan. Trained as a historian of economics, he has extensively written on economic thought during the past economic crises, and the Japanese economy and economic policy. He has published six books in Japanese, and has published numerous book chapters and academic articles throughout his career in both English and Japanese.