Japan's Great Stagnation: Forging Ahead, Falling Behind

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Edward Elgar, 2012 - Business & Economics - 219 pages
This timely book presents a critical examination of the developmental premises of Japan's high-growth success and its subsequent drift into recession, stagnation and piecemeal reform. The country, which within a few decades of wartime defeat mounted a serious challenge to American hegemony, appeared incapable of fully adjusting to shifting economic circumstance once the impulses of catch-up growth and the good fortune of an accommodating international environment faded.

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About the author (2012)

W.R. Garside, Professor of Economics and Economic History, Waseda University, Japan

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