Download or read book Japan s Stagnant Nineties written by Mr.Ramana Ramaswamy and published by International Monetary Fund. This book was released on 1999-04-01 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper uses a vector autoregression (VAR) approach to identify the driving forces of the growth slowdown in Japan during the 1990s. Negative shocks to both residential and nonresidential investment are shown to have been important determinants of the slowdown. Despite the collapse in asset prices, negative shocks to private consumption were relatively small. A surprising conclusion is that trends in public consumption had a dampening impact on activity in the 1990s. The VAR estimations do not support the counterfactual conjecture that activity in Japan would have been significantly weaker in the absence of the expansionary shift in fiscal policy.
Download or read book Japan s Secular Stagnation and Beyond written by Radhika Desai and published by Taylor & Francis. This book was released on 2023-05-15 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book re-visits the phenomenon of Japanese secular stagnation in light of the fate of the North Atlantic and developing economies and places it in a longer historical political and geopolitical economy of capitalism from a variety of political and disciplinary perspectives. Japanese capitalism, which was once an admired model of miraculous growth with a relatively egalitarian distribution of income, fell into secular stagnation in the early 1990s. The phenomenon has since fascinated observers, provoked debates, provided policy advocates with grist for the mills of a range of policy proposals, some of them mutually contradictory, and, most importantly, burdened an entire population, and particularly its young. Japan’s secular stagnation has raised new questions about policy difficulties on a range of fronts – dramatically lowered growth rate despite comparatively high investment, deteriorating labor conditions, rising class and gender inequality, a profound and many-faceted crisis of social reproduction and a deepening fiscal crisis of the state – all of which have important international ramifications. Moreover, interest in and the importance of Japan’s secular stagnation grew rapidly after 2008 as many have sought to understand the economic malaise of the North Atlantic by analogy and comparison with all or parts of the Japanese condition. The introduction and chapters in this book attempt to understand the causes, character and consequence of that original affliction. They also reflect on the meaning of Japan’s secular stagnation at this stage of development capitalism. The result contains the key to understanding the more widespread economic malaise of our time. This book will be a beneficial read for researchers and scholars of Economics and Politics interested in Japanese Studies as well as the Japanese political economy. Most of the chapters in this book were originally published as a special issue of The Japanese Political Economy. The last chapter was originally published in the Journal of Contemporary Asia.
Download or read book No More Bashing written by C. Fred Bergsten and published by Peterson Institute. This book was released on 2001 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study considers the current economic relationship between the United States and Japan. Bergsten and Noland (both Institute for International Economics) along with Japanese economist Ito (Hitosubashi U.) argue that Japan no longer poses a unique economic threat to the United States and that the U.S. should begin treating Japan like any other major economic power. Among the topics covered are the resurgence of the American economy, the decline of the Japanese economy, resolving disputes through the WTO, and international finance. c. Book News Inc.
Download or read book The Other Japan written by Joe Moore and published by M.E. Sharpe. This book was released on 1997 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: The analyses and literary portraits in this text elucidate the existing realities of Japan's postwar history. They address, in chronological fashion, major social, environmental, and feminist issues and conflicts that have attended to Japan's postwar economic miracle.
Download or read book Managing Globalization in the Asian Century written by Hal Hill and published by Flipside Digital Content Company Inc.. This book was released on 2016-11-17 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global centre of gravity continues to shift to the Asia-Pacific, the most dynamic region in the world. These economies have generally grown faster for longer periods of time than any other major region in world history. Their embrace of globalization has been a central feature, and driver, of their dynamism. The management of Asia-Pacific economic integration and globalization is crucial not only for the countries themselves but also for the state of the global economy, including importantly latecomer developing economies who look to the region for analytical and development policy lessons. Twenty-eight leading international authorities in the field, drawn from nine countries, provide a comprehensive examination of the causes, consequences and challenges of globalization, in a volume that celebrates the distinguished career of Professor Prema-Chandra Athukorala.Among the major issues examined are the region's distinctive approach to trade liberalization, the effects of economic growth on poverty reduction and the labour market, the special challenges of by-passed regions, the role of ideas in influencing policy making, the modalities of connecting to global production networks, and the importance of remittances in economic development. Several country case studies provide in-depth analyses of development processes and outcomes. These include episodes in economic development, the challenges faced by transition economies, the macroeconomics of adjusting to slower growth and rising debt in advanced economies, and the so-called middle-income trap phenomenon.
Download or read book IMF Staff Papers Volume 47 No 2 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2000-01-01 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes portfolio diversification, leverage, and financial contagion. It studies the extent to which basic principles of portfolio diversification explain “contagious selling” of financial assets when there are purely local shocks. The paper demonstrates that the elementary portfolio theory offers key insights into “contagion.” Most important, portfolio diversification and leverage are sufficient to explain why an investor will find it optimal to significantly reduce all risky asset positions when an adverse shock impacts just one asset.
Download or read book Real World Economics written by Edward Fullbrook and published by Anthem Press. This book was released on 2007-02 with total page 510 pages. Available in PDF, EPUB and Kindle. Book excerpt: An engaging, important text calling for the reform of economics and pushing for the discipline to become an honest and effective tool for democracy.
Download or read book Economic Reform in Japan written by Craig Freedman and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: While many Western economists forcefully urge the Japanese to become more like the US, there are other academics who have registered strong reservations to such a simplistic solution. In this volume, noted scholars take opposing positions on key issues including financial reform, corporate change and international trade. The editor contributes a thought-provoking introduction which also presents an overview of the topic. The papers gathered here present an opportunity for readers to consider the underlying conflicts in Japan's economy and society that makes choosing a new direction such a difficult proposition.
Download or read book Three Billion New Capitalists written by Clyde V Prestowitz and published by Basic Books. This book was released on 2007-03-22 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: By the beginning of this century it was already commonplace to speak of the U.S. as a "hyperpower," to talk of its military, political, and economic clout as unprecedented in world history, and to assume that American dominance would continue at least throughout our lifetimes. It is conventional wisdom that America will have no serious rivals for at least a generation. But the American position is far more fragile and ephemeral than much of the world believes. Clyde Prestowitz shows the powerful yet barely visible trends that are threatening to end the six-hundred-year run of Western domination of the world. The trends include America's increasingly unsustainable trade deficits; the equally unsustainable (and dangerous) buildup of massive dollar reserves in places like Japan and China; the end of America's position as the world's premier center for invention and technological innovation; the sudden entrance of 2.5 billion people in India and China into the world's skilled job market; the role of the World Wide Web in permitting many formerly localized jobs to be done anywhere in the world; and the demographic meltdown of Europe, Japan, Russia, and, in later decades, even China.Three Billion New Capitalists is a clear-eyed and profoundly unsettling look at America's and the world's economic future, from an author with a history of predicting the important trends long before they become apparent to others.
Download or read book United States Japan Trade Relations written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Trade and published by . This book was released on 1997 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book IMF Staff Papers Volume 47 No 3 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2001-10-10 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides an overview of the recent theoretical and empirical research on herd behavior in financial markets. It looks at what precisely is meant by herding, the causes of herd behavior, the success of existing studies in identifying the phenomenon, and the effect that herding has on financial markets. The paper also surveys a selected number of studies that evaluated the demand for money using the error-correction model approach in the 1990s across a range of industrial and developing countries.
Download or read book Japan Weekly Mail written by and published by . This book was released on 1895 with total page 756 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Lives on the Left written by Francis Mulhern and published by Verso Books. This book was released on 2011-11-07 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: The extended critical interview is especially flexible as a form, by turns tenacious and glancing, elliptical or sustained, combining argument and counter-argument, reflection, history and memoir with a freedom normally denied to its subjects in conventional writing formats. Lives on the Left brings together sixteen such interviews from New Left Review in a group portrait of intellectual engagement in the twentieth century and since. Four generations of intellectuals discuss their political histories and present perspectives, and the specialized work for which they are, often, best known. Their recollections span the century from the Great War and the October Revolution to the present, ranging across Europe, the Americas, Africa and Asia. Psychoanalysis, philosophy, the gendering of private and public life, capital and class formation, the novel, geography, and language are among the topics of theoretical discussion. At the heart of the collection, in all its diversity of testimony and judgement, is critical experience of communism and the tradition of Marx, relayed now for a new generation of readers. Lives on the Left includes interviews with Georg Lukács, Hedda Korsch, Jean-Paul Sartre, Dorothy Thompson, Jiří Pelikan, Ernest Mandel, Luciana Castellina, Lucio Colletti, K. Damodaran, Noam Chomsky, David Harvey, Adolfo Gilly, João Pedro Stédile, Asada Akira, Wang Hui and Giovanni Arrighi. New Left Review was founded in 1960 in London, which has remained its base ever since. In fifty years of publication, it has won an international reputation as an independent journal of socialist politics and ideas, attracting readers and contributors from every part of the world. A Spanish-language edition is published bi-monthly from Madrid.
Download or read book NBER Reporter written by National Bureau of Economic Research and published by . This book was released on 1999 with total page 676 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Global Economy written by Franco Amatori and published by Routledge. This book was released on 2019-07-23 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Economy: A Concise History traces the history of the global economy over the past thousand years. In doing so, it explores all the main waves of globalization, from the trade revolution of the Middle Ages, to the Great and Little Divergence between the West and the East, as well as the North and the South of the world. This book examines the Industrial Revolution and the World Wars, and their respective consequences, as well as the interaction between technological shifts and the transition in geopolitical equilibria. The last chapters are dedicated to an in-depth examination of the transformation which occurred in the global economy after 1989. The chronological structure of the book is designed to help students memorize and understand key events. This book also discusses broader themes, such as convergence–divergence, growth and decline, development, and industrial revolutions. This will make it of interest not only to students and academics, but to all readers wishing to gain a deeper understanding of the history and current state of the global economy.
Download or read book Role of Monetary Policy in Promoting Economic Recovery and Employment written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Domestic Monetary Policy and published by . This book was released on 1983 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The 1978 economic report of the President written by United States. Congress. Joint Economic Committee and published by . This book was released on 1978 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
