Lost Decades In Growth Performance

Lost Decades In Growth Performance Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Lost Decades In Growth Performance book. This book definitely worth reading, it is an incredibly well-written.

Lost Decades in Growth Performance

Y. Chu
Lost Decades in Growth Performance Book PDF

Author : Y. Chu
Publisher : Springer
Page : 249 pages
File Size : 45,8 Mb
Release : 2015-04-20
Category : Business & Economics
ISBN : 9781137478757

Get Book

Lost Decades in Growth Performance by Y. Chu Pdf

There have been many noticeable incidents of 'lost decades' in economic growth, occurring in countries across the world. It has been found that in many economies, the lost decade phenomenon persists, even after the conventional set of contributing factors such as per capita income, fertility rate, life expectancy, rule of law, educational attainment, ratio of investment to national income, and openness have been taken into account. This book explains where and how these lost decades in economic growth occur in the world. The authors identify that dominant macroeconomic factors contributing to their occurrence are an abnormal supply of credits relative to national income, and poor demand management. The study pays special attention to the cases of Japan, South Korea and Taiwan, exploring their specific cases and analyzing contributing factors. While Japan suffered from excessive credit prior to the bubble bursting, and from insufficient domestic demand subsequently, Korea's growth has been stunted through structural imbalances between and within industries, as well as through changes in the orientation of public policies from growth to equality. Adversely, reduced economic growth in Taiwan has led from its populism-ridden democracy and mass media, as well as from internal disputes over national identity. Lost Decades in Growth Performance provides a revealing insight into the factors affecting economic growth across the world, and will be an invaluable resource for anyone with an interest in global and Asian economics. It also offers a fundamental source of reference for students and academics in general equilibrium models, economic development and East Asian economies.

Examining Japan's Lost Decades

Yoichi Funabashi,Barak Kushner
Examining Japan s Lost Decades Book PDF

Author : Yoichi Funabashi,Barak Kushner
Publisher : Routledge
Page : 372 pages
File Size : 45,7 Mb
Release : 2015-04-10
Category : Social Science
ISBN : 9781317503361

Get Book

Examining Japan's Lost Decades by Yoichi Funabashi,Barak Kushner Pdf

This book examines five features of Japan’s ‘Lost Decades’: the speed of the economic decline in Japan compared to Japan’s earlier global prowess; a rapidly declining population; considerable political instability and failed reform attempts; shifting balances of power in the region and changing relations with Asian neighbouring nations; and the lingering legacy of World War Two. Addressing the question of why the decades were lost, this book offers 15 new perspectives ranging from economics to ideology and beyond. Investigating problems such as the risk-averse behaviour of Japan’s bureaucracy and the absence of strong political leadership, the authors analyse how the delay of ‘loss-cutting policies’ led to the 1997 financial crisis and a state of political gridlock where policymakers could not decide on firm strategies that would benefit national interests. To discuss the rebuilding of Japan, the authors argue that it is first essential to critically examine Japan’s ‘Lost Decades’ and this book offers a comprehensive overview of Japan’s recent 20 years of crisis. The book reveals that the ‘Lost Decades’ is not an issue unique to the Japanese context but has global relevance, and its study can provide important insights into challenges being faced in other mature economies. With chapters written by some of the world’s leading Japan specialists and chapters focusing on a variety of disciplines, this book will be of interest to students and scholars in the areas of Japan studies, Politics, International Relations, Security Studies, Government Policy and History.

Japan's Lost Decade

Mr.Tim Callen,Mr.Jonathan David Ostry
Japan s Lost Decade Book PDF

Author : Mr.Tim Callen,Mr.Jonathan David Ostry
Publisher : International Monetary Fund
Page : 282 pages
File Size : 40,5 Mb
Release : 2003-02-13
Category : Business & Economics
ISBN : 9781589061873

Get Book

Japan's Lost Decade by Mr.Tim Callen,Mr.Jonathan David Ostry Pdf

Japan’s weak economic performance in the 1990s has had implications not only for its own people, but for the world economy more generally, given Japan’s importance as a trading partner and supplier of capital. Therefore, it is essential that Japan unlock its growth potential. The IMF has worked with the Japanese authorities to identify the policies needed to bring Japan’s economy out of its recent slump. This book contributes to this ongoing debate, whose major topics include the need for an integrated policy strategy based on the decisive restructuring of the banking and corporate sectors, combined with macroeconomic policies designed to bring an end to deflation.

Japan's 'Lost Decade'

W. Miles Fletcher III,Peter W. von Staden
Japan s Lost Decade Book PDF

Author : W. Miles Fletcher III,Peter W. von Staden
Publisher : Routledge
Page : 164 pages
File Size : 53,7 Mb
Release : 2014-06-11
Category : Business & Economics
ISBN : 9781317977032

Get Book

Japan's 'Lost Decade' by W. Miles Fletcher III,Peter W. von Staden Pdf

Understanding the 'lost decade' of the 1990s is central to explaining Japan today. Following a period of record high growth, the chronic downturn after 1990 raised fundamental questions about the course of the world's third largest economy. This crisis also presented Japan with the opportunity for transformative change. Changes have followed, some of them less than might be expected, and some of them far more sweeping than is generally realized. This volume presents a wide range of international perspectives on post-bubble Japan, exploring the effects of the long downturn on the views of the Japanese business community, management practices, and national policies. To what degree has Japan's traumatic experience prompted basic reforms in terms of legal changes, corporate governance, business strategy, and the longterm national vision for the economy? This book was originally published as a special issue of Asia Pacific Business Review.

Japan’s Lost Decade

Naoyuki Yoshino,Farhad Taghizadeh-Hesary
Japan s Lost Decade Book PDF

Author : Naoyuki Yoshino,Farhad Taghizadeh-Hesary
Publisher : Springer
Page : 176 pages
File Size : 49,5 Mb
Release : 2017-09-20
Category : Business & Economics
ISBN : 9789811050213

Get Book

Japan’s Lost Decade by Naoyuki Yoshino,Farhad Taghizadeh-Hesary Pdf

This book discusses Japan’s long-term economic recession and provides remedies for that recession that are useful for other Asian economies. The book addresses why Japan’s economy has stagnated since the bursting of its economic bubble in the 1990s. Its empirical analysis challenges the beliefs of some economists, such as Paul Krugman, that the Japanese economy is caught in a liquidity trap. This book argues that Japan’s economic stagnation stems from a vertical “investment–saving” (IS) curve rather than a liquidity trap. The impact of fiscal policy has declined drastically, and the Japanese economy faces structural problems rather than a temporary downturn. These structural problems have many causes: an aging demographic (a problem that is frequently overlooked), an over-reliance by local governments on transfers from the central government, and Basel capital requirements that have made Japanese banks reluctant to lend money to start-up businesses and small and medium-sized enterprises. This latter issue has discouraged Japanese innovation and technological progress. All these issues are addressed empirically and theoretically, and several remedies for Japan’s long-lasting recession are provided. This volume will be of interest to researchers and policy makers not only in Japan but also the People’s Republic of China, many countries in the eurozone, and the United States, which may face similar challenges in the future.

Democratic Governance in Taiwan

John Fuh-sheng Hsieh,Robert Henry Cox
Democratic Governance in Taiwan Book PDF

Author : John Fuh-sheng Hsieh,Robert Henry Cox
Publisher : Taylor & Francis
Page : 232 pages
File Size : 45,8 Mb
Release : 2022-10-24
Category : Political Science
ISBN : 9781000773644

Get Book

Democratic Governance in Taiwan by John Fuh-sheng Hsieh,Robert Henry Cox Pdf

This book employs a policy-based approach to examine the emerging governance structure in Taiwan, one of several countries in East Asia where democratic consolidation is firmly established. Each chapter provides a detailed investigation of reforms that have helped to strengthen Taiwan’s democracy in such areas as elections, civil service recruitment, economic policy, social policy, environmental protection, civil rights, response to the COVID-19 pandemic, civil–military relations, and foreign and mainland China policy. As a study of Taiwan’s democratic governance, this book will be of interest to students and scholars of Asian politics, comparative politics, democracy, and Taiwan.

Japan's Lost Decade

Gary Saxonhouse,Robert Stern
Japan s Lost Decade Book PDF

Author : Gary Saxonhouse,Robert Stern
Publisher : Wiley-Blackwell
Page : 132 pages
File Size : 54,9 Mb
Release : 2004-03-05
Category : Political Science
ISBN : 1405119179

Get Book

Japan's Lost Decade by Gary Saxonhouse,Robert Stern Pdf

This volume explores the origins of Japan’s current economic crisis and assesses the country’s prospects for recovery. An exploration of the origins and consequences of Japan’s current economic crisis. Examines the collapse of the equity and real estate market bubbles in the late 1980s. Analyses the failure of Japanese monetary and fiscal policies to reverse the ensuing economic decline. Evaluates unorthodox options available to policy makers that might enable Japan to recover from its ‘lost decade’. Suggests that Japan’s prospects for economic recovery are still uncertain.

Industrial Development of Taiwan

Gee San,Patarapong Intarakumnerd
Industrial Development of Taiwan Book PDF

Author : Gee San,Patarapong Intarakumnerd
Publisher : Routledge
Page : 287 pages
File Size : 54,5 Mb
Release : 2021-04-19
Category : Business & Economics
ISBN : 9781000375602

Get Book

Industrial Development of Taiwan by Gee San,Patarapong Intarakumnerd Pdf

Before the arrival of the twenty-first century, Taiwan was widely regarded as a successful model of a country which had not only transformed herself from an underdeveloped economy into a high-tech industrialised island, but had also undergone a revolution from an authoritarian regime to a democratic one. Taiwan is now experiencing a significant economic slowdown and facing multifaceted challenges including low productivity, stagnant innovation culture of small and medium-sized enterprises, ageing population, sustainable energy mix, pension reform, upgrading of human resources, devising competition policy to provide incentives for innovation as well as to limit abuses from monopolies, warding off competition from countries with lower labour cost and managing complicated cross-Strait relationship with China. The edited book looks at Taiwan’s past successful development model, summarises Taiwan’s current situation, outlines the future challenges beyond the year 2020 and provides policy recommendations in the aforementioned aspects. The contributors of this volume are accomplished veteran scholars in the fields. Several of them used to be policy-makers at the level of ministers or deputy ministers. The book offers not only academic contribution but policy-relevant insights.

Japan

Frank Baldwin,Anne Allison
Japan Book PDF

Author : Frank Baldwin,Anne Allison
Publisher : NYU Press
Page : 360 pages
File Size : 44,8 Mb
Release : 2015-12-15
Category : History
ISBN : 9781479889389

Get Book

Japan by Frank Baldwin,Anne Allison Pdf

"A joint publication of the Social Science Research Council and New York University Press."

The Harper Factor

Jennifer Ditchburn,Graham William Fox
The Harper Factor Book PDF

Author : Jennifer Ditchburn,Graham William Fox
Publisher : McGill-Queen's Press - MQUP
Page : 321 pages
File Size : 44,7 Mb
Release : 2016
Category : Political Science
ISBN : 9780773548701

Get Book

The Harper Factor by Jennifer Ditchburn,Graham William Fox Pdf

A clear-eyed, balanced analysis of Prime Minister Stephen Harper's legacy and impact on Canadian public policy and institutions.

Wage-Led Growth

Engelbert Stockhammer
Wage Led Growth Book PDF

Author : Engelbert Stockhammer
Publisher : Springer
Page : 329 pages
File Size : 40,8 Mb
Release : 2013-12-03
Category : Business & Economics
ISBN : 9781137357939

Get Book

Wage-Led Growth by Engelbert Stockhammer Pdf

This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand.

Examining Japan's Lost Decades

Yoichi Funabashi,Barak Kushner
Examining Japan s Lost Decades Book PDF

Author : Yoichi Funabashi,Barak Kushner
Publisher : Routledge
Page : 424 pages
File Size : 54,8 Mb
Release : 2015-04-10
Category : Social Science
ISBN : 9781317503354

Get Book

Examining Japan's Lost Decades by Yoichi Funabashi,Barak Kushner Pdf

This book examines five features of Japan’s ‘Lost Decades’: the speed of the economic decline in Japan compared to Japan’s earlier global prowess; a rapidly declining population; considerable political instability and failed reform attempts; shifting balances of power in the region and changing relations with Asian neighbouring nations; and the lingering legacy of World War Two. Addressing the question of why the decades were lost, this book offers 15 new perspectives ranging from economics to ideology and beyond. Investigating problems such as the risk-averse behaviour of Japan’s bureaucracy and the absence of strong political leadership, the authors analyse how the delay of ‘loss-cutting policies’ led to the 1997 financial crisis and a state of political gridlock where policymakers could not decide on firm strategies that would benefit national interests. To discuss the rebuilding of Japan, the authors argue that it is first essential to critically examine Japan’s ‘Lost Decades’ and this book offers a comprehensive overview of Japan’s recent 20 years of crisis. The book reveals that the ‘Lost Decades’ is not an issue unique to the Japanese context but has global relevance, and its study can provide important insights into challenges being faced in other mature economies. With chapters written by some of the world’s leading Japan specialists and chapters focusing on a variety of disciplines, this book will be of interest to students and scholars in the areas of Japan studies, Politics, International Relations, Security Studies, Government Policy and History.

The Great Inflation

Michael D. Bordo,Athanasios Orphanides
The Great Inflation Book PDF

Author : Michael D. Bordo,Athanasios Orphanides
Publisher : University of Chicago Press
Page : 545 pages
File Size : 44,8 Mb
Release : 2013-06-28
Category : Business & Economics
ISBN : 9780226066950

Get Book

The Great Inflation by Michael D. Bordo,Athanasios Orphanides Pdf

Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.

Japan's Great Stagnation

W. R. Garside
Japan s Great Stagnation Book PDF

Author : W. R. Garside
Publisher : Edward Elgar Publishing
Page : 229 pages
File Size : 54,9 Mb
Release : 2012-01-01
Category : Business & Economics
ISBN : 9780857938220

Get Book

Japan's Great Stagnation by W. R. Garside Pdf

'Recent events have rendered Japan's lost decades all the more relevant to the rest of us. Rick Garside, in this wide-ranging and accessible account, explores the political economy of Japan's great stagnation with an eye toward describing how other advanced economies can avoid going down the same path.' – Barry Eichengreen, University of California, Berkeley, US 'Professor Garside's timely book transcends the national preoccupation suggested by its title. From one viewpoint this is a case study (admittedly on a grand scale) of the experience of one country in one historical period. But in analyzing the dynamic relationship between Japan's post-war economic miracle and its chronic stagnation from the 1990's he offers a penetrating insight into the links between profound and embedded institutional and ideological influences, global upheaval, and almost disastrous national economic performance. Hence, Japan's Great Stagnation – the unfolding story of that country's declining experience from masterful economic power to seeming economic paralysis – provides us with an all-too familiar scenario with which to approach the contemporaneous ills of the world's developed economies. The interaction between banking crises, unwieldy institutions (especially, but not only, financial institutions), policy frailties, and stagnating demand – all conspired to create crisis and then handicap or prevent recovery. And the familiarity of the story is aggravated by the global financial crisis which now threatens to engulf us. History never fully repeats itself, but Professor Garside's illuminating examination of Japan's recent experiences must surely provide important points of relevance for the world's current malaise. He is to be congratulated on the depth and scope of what he has achieved – and for its relevance to what we are experiencing.' – Barry Supple, University of Cambridge, UK This timely book presents a critical examination of the developmental premises of Japan's high-growth success and its subsequent drift into recession, stagnation and piecemeal reform. The country, which within a few decades of wartime defeat mounted a serious challenge to American hegemony, appeared incapable of fully adjusting to shifting economic circumstance once the impulses of catch-up growth and the good fortune of an accommodating international environment faded. The banking crises, spiralling government debt, and stagnant growth experienced by major industrialized nations in recent years have evoked renewed interest in Japan's economic denouement since the 1990s. To many, Japan's drift into recession and financial crisis during the early 1990s, and later into stagnation and prolonged deflation, demonstrated precisely what not to do when fashioning remedial policy. This book details the legacies of Japan's high-growth success and how they affected Japan's capacity to cope with shifting national and international circumstance from the 1980s. It reviews the contentious debates over the causes and consequences of the 'bubble economy' and the 'lost decade', and assesses the extent to which reforms since 1997 have been compromised by lingering attachments to Japan's distinctive post-war political economy. Providing an analytical overview of both the high growth and recessionary periods and of subsequent reform agendas, this timely book will appeal to students, academics and researchers of economic history, development and politics, particularly those with an interest in Japan and Asian studies more generally.

Topical Issues in International Development and Economics

Désiré Avom,Gilles Dufrénot
Topical Issues in International Development and Economics Book PDF

Author : Désiré Avom,Gilles Dufrénot
Publisher : Cambridge Scholars Publishing
Page : 591 pages
File Size : 44,6 Mb
Release : 2023-11-16
Category : Business & Economics
ISBN : 9781527553880

Get Book

Topical Issues in International Development and Economics by Désiré Avom,Gilles Dufrénot Pdf

This book offers various insights on current hot topics in development economics. The authors address the questions of gender effects, leapfrogging, the factors determining the production frontiers of countries, and the respective roles of financial, monetary and fiscal policies in fostering the development of countries. They also question one of the strategies utilized by policy makers in poor countries: development through trade and financial globalization. They ask whether education has really been a factor in development, and look at the role of those who return to the country after studying abroad. This book is the result of a collaboration between researchers from Asia, Africa and Europe. It will be useful to economists and non-economists working in academia (including postgraduate students), as well as professionals working in development institutions and public institutions responsible for strategic planning in developing and emerging countries.