Criticism of current Japanese macroeconomic and financial policies is so wide spread that the reasons for it are assumed to be self-evident. In this volume, Ada

This book examines the causes of the Japanese deflationary economy, characterized as a structural deflation, and discusses how to alleviate the prolonged slowdo

This study considers the current economic relationship between the United States and Japan. Bergsten and Noland (both Institute for International Economics) alo

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This book examines the reasons for the unprecedented weak recovery following the recent US recession and explores the possibility that government economic polic