1. The Trezise Symposium on the Japanese Economy
- Author:
- Edward J. Lincoln
- Publication Date:
- 06-2002
- Content Type:
- Policy Brief
- Institution:
- The Brookings Institution
- Abstract:
- The Japanese economy has undergone a decade of sluggish growth marked by three recessions, including the current one. This time, recession is accompanied by general price deflation, a situation unprecedented among industrialized nations since the Great Depression of the 1930s. Meanwhile, the financial sector sits on a rising mountain of bad loans. A serious financial crisis and deeper recession are real possibilities.
- Topic:
- Economics and International Trade and Finance
- Political Geography:
- Japan, Israel, and East Asia