1st Edition

The Origin of the Prolonged Economic Stagnation in Contemporary Japan The factitious deflation and meltdown of the Japanese firm as an entity

By Masayuki Otaki Copyright 2016
156 Pages 25 B/W Illustrations
by Routledge

136 Pages 25 B/W Illustrations
by Routledge

136 Pages 25 B/W Illustrations
by Routledge

The deflationary Japanese economy is a spurious observation and a precarious political propaganda, which tacitly connects with the fanatic diagnosis urging an inflation-prompting macroeconomic policy. This book provides an overview of the prolonged stagnation of the current Japanese economy. It also examines the politico-economic implications concerning the precarious conversion of Japanese... Read more

Part 1: The Politico-Economic Situation of Contemporary Japan 1. An Overview of the Prolonged Stagnation Era: The ``Structural Reformation’’ That Made Matters Worse  Part 2: The Macroeconomic Policies in the Prolonged Economic Stagnation 2. The Devastation by the Busted Bubble and Frivolous Advocacy of Deflation  3. Are the Current Japanese Economy and the Showa Depression Alike?  4. ``Abenomics’’ in Reality  Part 3: The Meltdown of Japanese Firm 5. The Metamorphose of Japanese Firm 6. The Surge of Foreign Direct Investment and the Industrial Hollowing  Part 4: Towards the Reincarnation of Japanese Economy  7. We Still Have Time and Power

Biography

Masayuki Otaki is Professor at the Institute of Social Sciences, the University of Tokyo. He received his PhD in Economics from the University of Tokyo and his research interests are macroeconomic theory and environmental economics.