Can Japan Make a Comeback?

Arne Bigsten ()

No 122, Working Papers in Economics from University of Gothenburg, Department of Economics

Abstract: Since the beginning of the 1990s Japan has experienced economic stagnation. This paper discusses its causes and the prospects for recovery. It considers both the macroeconomic problems and the viability of the Japanese economic model itself. The potential roles of fiscal, monetary, exchange rate, and structural policies are discussed.

Keywords: Japanese economic model; macroeconomic imbalance; liquidity trap; economic policy (search for similar items in EconPapers)
JEL-codes: E52 E65 O53 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2004-01-20
New Economics Papers: this item is included in nep-ifn, nep-mac and nep-sea
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Citations: View citations in EconPapers (2)

Published in The World Economy, 2005, pages 595-606.

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