Titlebook: Japan’s Long Stagnation, Deflation, and Abenomics; Mechanisms and Lesso Kenji Aramaki Book 2018 The Editor(s) (if applicable) and The Autho

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The Financial Crisis and Its Impacts, Long Recovery, and Afterward,07: long recovery), and Period IV (2008–2012: GFC and after). The focus is on the financial crisis that began in late 1997 and its impacts on the Japanese economy. The subsequent two periods will be examined more briefly.

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Deflation and Monetary Policy, In this and the next chapters, we will look at the issues that are more directly relevant to the current Japanese economy, that is, the long economic stagnation after the collapse of the bubble and deflation.

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y-making experience together with theoretical insightsThis book examines the struggles of the Japanese economy over the last 30 years, analyzing in detail the formation of the huge economic bubble in the 1980s, its collapse at the beginning of the 1990s, and subsequent two decade long economic stagn

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Collapse of the Bubble and the Start of the Long Stagnation,riod can be characterized as the starting period of the long stagnation and, therefore, is very important in that its examination should be able to give clues for the fundamental mechanism of the stagnation.

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e book also assesses the comprehensive policy efforts called “Abenomics” under the current Abe administration. As Abe continues into a new term, this book will be of interest to Japan scholars, economists, and policymakers around the world, particularly in Asia..978-981-15-3073-9978-981-13-2176-4

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Book 2018called “Abenomics” under the current Abe administration. As Abe continues into a new term, this book will be of interest to Japan scholars, economists, and policymakers around the world, particularly in Asia..