Japan's Long-Term Economic Challenges

Edward J Lincoln ()
Additional contact information
Edward J Lincoln: Stern School of Business, New York University, 44 West 4th Street, New York, NY 10012, USA.

Comparative Economic Studies, 2011, vol. 53, issue 3, 455-474

Abstract: The other papers in this symposium on Japan address a number of important challenges facing the Japanese economy, including deflation, the continuing rapid accumulation of government debt, and the slowdown in productivity growth. All of these issues will be played out against the backdrop of an extraordinary demographic transition that makes solutions more difficult. With a total population that is already shrinking, Japan is heading into uncharted territory for an advanced industrialized nation. All that economists know about growth is based on data from economies that have had growing populations since the beginning of the Industrial Revolution. A shrinking population raises new and difficult issues. This paper addresses some of the issues now confronting Japan.

Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.palgrave-journals.com/ces/journal/v53/n3/pdf/ces201113a.pdf Link to full text PDF (application/pdf)
http://www.palgrave-journals.com/ces/journal/v53/n3/full/ces201113a.html Link to full text HTML (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:compes:v:53:y:2011:i:3:p:455-474

Ordering information: This journal article can be ordered from
http://www.springer. ... cs/journal/41294/PS2

Access Statistics for this article

Comparative Economic Studies is currently edited by Nauro Campos

More articles in Comparative Economic Studies from Palgrave Macmillan, Association for Comparative Economic Studies Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().