Contents: 1. The Catatonic Economy Part I: Future Directions 2. Why do I Expect Japan to Collapse? 3. Declining Population, the Size of the Government and the Burden of Public Debt: Some Economic Policy Issues in Japan 4. Japan’s Business Culture and Society Part II: Current Problems 5. Why has the Japanese Economy been Stumbling for so Long? 6. Empirical Determinants of Banking Crises: Japan’s Experience in International Perspective 7. Crisis? What Crisis? The Policy Response to Japan’s Banking Crisis Index
Edited by Craig Freedman, Director, Centre for Japanese Economic Studies, Macquarie University, Australia
'. . . interesting, informative, and worthwhile reading. This
reviewer recommends the book for anyone interested in understanding
what happened to Japan in the 1990s.'
*Thomas F. Cargill, Journal of Economic Literature*
'. . . the publication of Why Did Japan Stumble? . . . is very
welcome. In a single location, the reader can sample a wide variety
of conflicting explanations, some of them by very influential
Japanese thinkers. . . . Those interested in the state of debate
among top rank participants would do well to include this book on
their reading list.'
*Richard Katz, Journal of Japanese Studies*
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