Japan’s economy from boom to bust

Şerban Georgescu and Bogdan Glavan
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Şerban Georgescu: Romanian American University

Romanian Economic Business Review, 2007, vol. 2, issue 2, 67-71

Abstract: Japan’s economic evolution for the last half of the century provides us with an unique occasion to test alternative theories for growth. This short article makes a review of the main economic events and their causes. It maintains that behind Japan’s slump and deflation was the state policy which encouraged a prior unsound expansion.

Keywords: Japan’s economy; boom; deflation; growth theory (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:rau:journl:v:2:y:2007:i:2:p:67-71

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