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Japan's Policy Trap: Dollars, Deflation, and the Crisis of Japanese Finance

Akio Mikuni, R. Taggart Murphy




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 | #1636863 in eBooks |  2004-05-13 |  2004-05-13 | File type: PDF

||1 of 1 people found the following review helpful.| The thesis is misplaced and the story-telling techniques are poor.|By Customer|The main thesis: 'Japan is trapped by the mercantilist policy which resulted in exporting capital to finance external surplus without sustainable returns' is inspiring but a bit misplaced. The authors could tell the story in a simpler way: Japan's economy, under the bureaucratic allocation of resour| ||"An important new book..." —Hugo Restall, The Asian Wall Street Journal, 10/25/2002

|"Winner, 2002 Association of American Publishers Professional and Scholarly Publishing Award for Economics" — Award

|"... a p

Until quite recently, the Japanese inspired a kind of puzzled awe. They had pulled themselves together from the ruin of war, built at breakneck speed a formidable array of export champions, and emerged as the world's number-two economy and largest net creditor nation. And they did it by flouting every rule of economic orthodoxy. But today only the puzzlement remains—at Japan's inability to arrest its economic decline, at its festering banking crisis, and ...

You easily download any file type for your gadget.Japan's Policy Trap: Dollars, Deflation, and the Crisis of Japanese Finance   |  Akio Mikuni, R. Taggart Murphy. Which are the reasons I like to read books. Great story by a great author.

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