Structural Impediments to Growth in Japan
Magnus Blomstrom, Jennifer Corbett, and Fumio Hayashi
Abstract
As Japan's decade-long economic stagnation continues, there has been much analysis of the immediate macroeconomic problems that confront the Japanese economy. This book-length academic treatment of this issue looks past the short-run challenges to the future of Japan, and highlights the intermediate and longer-term issues that country faces. A team of contributors present nine chapters offering a comprehensive assessment of those economic difficulties and addressing a range of specific issues, from financial restructuring and the impact of the aging Japanese population to corporate behavior, p ... More
As Japan's decade-long economic stagnation continues, there has been much analysis of the immediate macroeconomic problems that confront the Japanese economy. This book-length academic treatment of this issue looks past the short-run challenges to the future of Japan, and highlights the intermediate and longer-term issues that country faces. A team of contributors present nine chapters offering a comprehensive assessment of those economic difficulties and addressing a range of specific issues, from financial restructuring and the impact of the aging Japanese population to corporate behavior, public lending, employment practices, and innovative capacity. In each chapter, contributors identify and outline problems and concerns, carefully pose provocative questions, and in many instances present concrete suggestions for improvement.
Keywords:
economic stagnation,
macroeconomic problems,
Japanese economy,
future of Japan,
economic difficulties,
financial restructuring,
aging Japanese population,
corporate behavior,
public lending,
employment practices
Bibliographic Information
| Print publication date: 2003 |
Print ISBN-13: 9780226060217 |
| Published to Chicago Scholarship Online: February 2013 |
DOI:10.7208/chicago/9780226060231.001.0001 |
