Japan's economic dilemma: the institutional origins of prosperity and stagnation

"The Japanese economy, after decades of seemingly unsurpassable competitiveness, experienced a major crisis in the 1990s. The depth of the crisis has been as remarkable as Japan's renowned meteoric success. Economies rise and fall, to be sure; but the magnitude of the Japanese economy'...

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Bibliographic Details
Main Author: Gao, Bai 1955- (Author)
Format: Book
Language:English
Published: Cambridge [u.a.] Cambridge Univ. Press 2001
Edition:1. publ.
Subjects:
Online Access:Publisher description
Table of contents
Summary:"The Japanese economy, after decades of seemingly unsurpassable competitiveness, experienced a major crisis in the 1990s. The depth of the crisis has been as remarkable as Japan's renowned meteoric success. Economies rise and fall, to be sure; but the magnitude of the Japanese economy's swing within such a short time, and in the absence of major wars, is unprecedented. Observers of Japan are faced with a challenging question: How can one explain Japan's seemingly abrupt reversal from stunning prosperity to dismal stagnation?" "Bai Gao not only explains the reversion but also goes beyond other analyses to demonstrate how the same economic institutions could produce both stunning international economic success and the subsequent, intractable slump of the 1990s."--BOOK JACKET.
Physical Description:XI, 300 S. graph. Darst.
ISBN:0521793734
0521790255

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