This book explains the causes of the 'lost decade' in the Japanese
economy and the series of policy mistakes which lead to a
deflationary environment. What will the future bring for the
Japanese economy? Without reforms, the situation can only decline.
The issue is that the institutions and policies that were used to
drive the 'Japanese miracle' are still in place. The book argues
that Japan's crisis is thus, a crisis of governance.
General
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