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Author : Tomoyuki Ohta
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (318 download)
Download or read book When Will Japan's Saving Rate Stop Falling? written by Tomoyuki Ohta and published by . This book was released on 2007 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Naoyuki Yoshino
Publisher : Springer
ISBN 13 : 981105021X
Total Pages : 187 pages
Book Rating : 4.8/5 (11 download)
Download or read book Japan’s Lost Decade written by Naoyuki Yoshino and published by Springer. This book was released on 2017-09-20 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses Japan’s long-term economic recession and provides remedies for that recession that are useful for other Asian economies. The book addresses why Japan’s economy has stagnated since the bursting of its economic bubble in the 1990s. Its empirical analysis challenges the beliefs of some economists, such as Paul Krugman, that the Japanese economy is caught in a liquidity trap. This book argues that Japan’s economic stagnation stems from a vertical “investment–saving” (IS) curve rather than a liquidity trap. The impact of fiscal policy has declined drastically, and the Japanese economy faces structural problems rather than a temporary downturn. These structural problems have many causes: an aging demographic (a problem that is frequently overlooked), an over-reliance by local governments on transfers from the central government, and Basel capital requirements that have made Japanese banks reluctant to lend money to start-up businesses and small and medium-sized enterprises. This latter issue has discouraged Japanese innovation and technological progress. All these issues are addressed empirically and theoretically, and several remedies for Japan’s long-lasting recession are provided. This volume will be of interest to researchers and policy makers not only in Japan but also the People’s Republic of China, many countries in the eurozone, and the United States, which may face similar challenges in the future.
Author : Fumio Hayashi
Publisher : MIT Press
ISBN 13 : 9780262082556
Total Pages : 532 pages
Book Rating : 4.0/5 (825 download)
Download or read book Understanding Saving written by Fumio Hayashi and published by MIT Press. This book was released on 1997 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analysis of consumption and saving decisions by households has always been one of the most active areas of research in economics--and with good reason. Private consumption is the most important component of aggregate demand in a capitalist economy, and explaining consumption is the key element in most macroeconomic forecasting models. To evaluate the effect of government policies invariably requires the knowledge of how they change parameters relevant for household decision making. Understanding Saving collects eleven papers by economist Fumio Hayashi, along with two previously unpublished chapters, for a total of thirteen chapters. The monograph, which brings together Hayashi's empirical research on saving, is divided into three sections. Part I, "Liquidity Constraints", contains five studies that test the well-known implication of the Life Cycle-Permanent Income hypothesis that households shield consumption from income fluctuations. Part II, "Risk-Sharing and Altruism", contains three papers that examine the interactions between related and unrelated households predicted by the hypothesis for the US and Japanese households. The three papers in Part III, "Japanese Saving Behavior", present the author's explanation of the high saving rate in postwar Japan.
Author : B. Douglas Bernheim
Publisher : University of Chicago Press
ISBN 13 : 9780226044040
Total Pages : 408 pages
Book Rating : 4.0/5 (44 download)
Download or read book National Saving and Economic Performance written by B. Douglas Bernheim and published by University of Chicago Press. This book was released on 1991-05 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: "... Papers presented at a conference held at the Stouffer Wailea Hotel, Maui, Hawaii, January 6-7, 1989. ... part of the Research on Taxation program of the National Bureau of Economic Research." -- p. ix.
Author :
Publisher :
ISBN 13 :
Total Pages : 264 pages
Book Rating : 4.:/5 (327 download)
Download or read book Japan Report written by and published by . This book was released on 1982 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Kazuo Sato
Publisher : Routledge
ISBN 13 : 1315285274
Total Pages : 474 pages
Book Rating : 4.3/5 (152 download)
Download or read book The Transformation of the Japanese Economy written by Kazuo Sato and published by Routledge. This book was released on 2016-09-16 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the rapid growth period of the Japanese economy, from the mid-1950s to the mid-1970s, the economic system that became entrenched in Japan -- the so-called Japanese-style capitalism -- was based on the government-business-bureaucracy triad. Although its distinct features survived the subsequent two decades of slow growth, there are many indications that the Japanese economy is once again struggling to transform itself. These translations from the Japanese economic literature expertly address this transformation.
Author : William J. Craig
Publisher : Open Road Media
ISBN 13 : 1504021339
Total Pages : 315 pages
Book Rating : 4.5/5 (4 download)
Download or read book The Fall of Japan written by William J. Craig and published by Open Road Media. This book was released on 2015-09-29 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: New York Times Bestseller: A “virtually faultless” account of the last weeks of WWII in the Pacific from both Japanese and American perspectives (The New York Times Book Review). By midsummer 1945, Japan had long since lost the war in the Pacific. The people were not told the truth, and neither was the emperor. Japanese generals, admirals, and statesmen knew, but only a handful of leaders were willing to accept defeat. Most were bent on fighting the Allies until the last Japanese soldier died and the last city burned to the ground. Exhaustively researched and vividly told, The Fall of Japan masterfully chronicles the dramatic events that brought an end to the Pacific War and forced a once-mighty military nation to surrender unconditionally. From the ferocious fighting on Okinawa to the all-but-impossible mission to drop the 2nd atom bomb, and from Franklin D. Roosevelt’s White House to the Tokyo bunker where tearful Japanese leaders first told the emperor the truth, William Craig captures the pivotal events of the war with spellbinding authority. The Fall of Japan brings to life both celebrated and lesser-known historical figures, including Admiral Takijiro Onishi, the brash commander who drew up the Yamamoto plan for the attack on Pearl Harbor and inspired the death cult of kamikaze pilots., This astonishing account ranks alongside Cornelius Ryan’s The Longest Day and John Toland’s The Rising Sun as a masterpiece of World War II history.
Author : Kōichi Hamada
Publisher : MIT Press
ISBN 13 : 0262014890
Total Pages : 435 pages
Book Rating : 4.2/5 (62 download)
Download or read book Japan's Bubble, Deflation, and Long-term Stagnation written by Kōichi Hamada and published by MIT Press. This book was released on 2011 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: New perspectives on Japan's "lost decade" viewed in the context of recent financial turmoil.
Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
ISBN 13 : 1451956029
Total Pages : 229 pages
Book Rating : 4.4/5 (519 download)
Download or read book IMF Staff Papers written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1963-01-01 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses effects of inflation on economic development. A mild inflation may well encourage little, or no, evasion of the “inflation tax.” On the other hand, a strong inflation, and frequently a mild one also, will lead to community reactions which have effects like those of widespread tax evasion. A development policy may have wider aims than the encouragement of a high level of investment. Inflation has two effects on the desire for liquidity, which are related to the two basic reasons why individuals and businesses wish to hold liquid assets—the speculative and precautionary motives. Inflation increases the value of effective liquidity, thereby raising the community's desire for it, but it makes the most generally accepted store of liquidity unacceptable sources of protection. The control of inflation is only one of the problems facing a government wishing to encourage rapid economic development. The fight against illiteracy, the reform of bureaucratic practices, the building of basic sanitary facilities for the eradication of endemic diseases, the substitution of competitive for monopolistic trade practices, the encouragement of a widespread spirit of entrepreneurship, and the creation of an adequate amount of social capital, may be important prerequisites for rapid growth.
Author : Frances McCall Rosenbluth
Publisher : Stanford University Press
ISBN 13 : 9780804768207
Total Pages : 252 pages
Book Rating : 4.7/5 (682 download)
Download or read book The Political Economy of Japan's Low Fertility written by Frances McCall Rosenbluth and published by Stanford University Press. This book was released on 2006-12-08 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes an interdisciplinary approach to one of Japan's thorniest public policy issues: why are women increasingly forgoing motherhood? At the heart of the matter lies a paradox: although the overall trend among rich countries is for fertility to decrease as female labor participation increases, gender-friendly countries resist the trend. Conversely, gender-unfriendly countries have lower fertility rates than they would have if they changed their labor markets to encourage the hiring of women—and therein lies Japan's problem. The authors argue that the combination of an inhospitable labor market for women and insufficient support for childcare pushes women toward working harder to promote their careers, to the detriment of childbearing. Controversial and enlightening, this book provides policy recommendations for solving not just Japan's fertility issue but those of other modern democracies facing a similar crisis.
Author : Sheldon Garon
Publisher : Princeton University Press
ISBN 13 : 0691135991
Total Pages : 495 pages
Book Rating : 4.6/5 (911 download)
Download or read book Beyond Our Means written by Sheldon Garon and published by Princeton University Press. This book was released on 2012 with total page 495 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Garon's insightful and provocative new book couldn't be more important, and couldn't be more timely. The prosperity of Americans, and America, now depends on creating a nation of savers and investors, and Garon shows us the way by bringing the experience and lessons of nations worldwide right into our hands."--Ray Boshara, senior fellow, "New America Foundation."
Author : Robert Dekle
Publisher : Routledge
ISBN 13 : 1134793146
Total Pages : 100 pages
Book Rating : 4.1/5 (347 download)
Download or read book Understanding Japanese Savings written by Robert Dekle and published by Routledge. This book was released on 2004-11-30 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter the Japanese elderly -- chapter and fundamentals -- chapter aging on future saving, investment, and budget deficits -- chapter immigration in impacting saving, investment, and foreign capital in?ows -- chapter and consumption behavior -- chapter developing countries.
Author : Eskander Alvi
Publisher : W.E. Upjohn Institute
ISBN 13 : 0880996366
Total Pages : 152 pages
Book Rating : 4.8/5 (89 download)
Download or read book Confronting Policy Challenges of the Great Recession written by Eskander Alvi and published by W.E. Upjohn Institute. This book was released on 2017-11-20 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a notable group of macroeconomists who describe the unprecedented events and often extraordinary policies put in place to limit the economic damage suffered during the Great Recession and then to put the economy back on track. Contributers include Barry Eichengreen; Gary Burtless; Donald Kohn; Laurence Ball, J. Bradford DeLong, and Lawrence H. Summers; and Kathryn M.E. Dominguez.
Author : Jacob M. Schlesinger
Publisher : Stanford University Press
ISBN 13 : 9780804734578
Total Pages : 372 pages
Book Rating : 4.7/5 (345 download)
Download or read book Shadow Shoguns written by Jacob M. Schlesinger and published by Stanford University Press. This book was released on 1999 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a vivid account of the corrupt and improbable political machine that ran Japanese politics for twenty years, from the early 1970s to the early 1990s, the period during which Japan became the world's second-largest economy. Reviews "Washington lobbyists, Moscow mafiosi, and Beijing party bosses stand back! . . . Here is one of the longest running big-time political sleaze serials of the past quarter-century. . . . This was a book waiting to be written, and not only has Schlesinger done it, but he has also produced a fine job of political reporting." --New York Times Book Review "In a rollicking style, Schlesinger . . . demolishes the popular misconception that politicians are boring. His is a tale of monstrous personalities. . . . This is the most entertaining short history of Japanese politics this reviewer has encountered." --The Economist "A story which is told vividly in this well researched and reliable account. . . . A superb analysis of Japan's politics and economic affairs." --Washington Post Book World "Shadow Shoguns is a lively and anecdote-rich account of the eerie parallels between Tokyo's now-battered political machine and New York's Tammany Hall. . . . Schlesinger masterfully demonstrates why Prime Minister Tanaka personified the collusive ties between Japanese politicians and Big Business." --Business Week "A fascinating and penetrating tale about the Tanaka machine that dominated Japan's politics for several decades and whose demise in the early 1990s has created a political vacuum that accounts for many of Japan's current problems." --Foreign Affairs
Author : Michael Pettis
Publisher : Brookings Institution Press
ISBN 13 : 0870034081
Total Pages : 172 pages
Book Rating : 4.8/5 (7 download)
Download or read book Avoiding the Fall written by Michael Pettis and published by Brookings Institution Press. This book was released on 2013-09-24 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: The days of rapid economic growth in China are over. Mounting debt and rising internal distortions mean that rebalancing is inevitable. Beijing has no choice but to take significant steps to restructure its economy. The only question is how to proceed. Michael Pettis debunks the lingering bullish expectations for China's economic rise and details Beijing's options. The urgent task of shifting toward greater domestic consumption will come with political costs, but Beijing must increase household income and reduce its reliance on investment to avoid a fall.
Author : Richard Katz
Publisher : Routledge
ISBN 13 : 1317467183
Total Pages : 481 pages
Book Rating : 4.3/5 (174 download)
Download or read book Japan, the System That Soured written by Richard Katz and published by Routledge. This book was released on 2015-03-04 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: After seven long years of economic malaise, it is clear that something has gone awry in Japan. Unless Japan undertakes sweeping reform, official forecasts now warn, growth will steadily dwindle. How could the world's most acclaimed economic miracle have stumbled so badly? As this important book explains, the root of the problem is that Japan is still mired in the structures, policies, and mental habits of the 1950s-1960s. Four decades ago while in the "catch-up" phase of its economic evolution, policies that gave rise to "Japan, Inc". made a lot of sense. By the 1970s and 1980s, when Japan had become a more mature economy, "catch-up economics" had become passe, even counterproductive. Even worse, in response to the oil shocks, Japan increasingly used its industrial policy tools. not to promote "winners", but to shield "losers" from competition at home and abroad. Japan's well-known aversion to imports is part and parcel of this politically understandable, but economically self-defeating, pattern. The end result is a deformed "dual economy" unique in the industrial world. Now this "dualism" is sapping the strength of the entire economy. The protection of the weak is driving Japan's most inefficient companies to invest offshore instead of at home. Without sweeping reform, real recovery will prove elusive. The challenging thesis articulated in this book is receiving widespread media attention in the United States and Japan and is sure to provoke continuing debate and controversy.
Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 0309254094
Total Pages : 486 pages
Book Rating : 4.3/5 (92 download)
Download or read book Aging in Asia written by National Research Council and published by National Academies Press. This book was released on 2012-07-31 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: The population of Asia is growing both larger and older. Demographically the most important continent on the world, Asia's population, currently estimated to be 4.2 billion, is expected to increase to about 5.9 billion by 2050. Rapid declines in fertility, together with rising life expectancy, are altering the age structure of the population so that in 2050, for the first time in history, there will be roughly as many people in Asia over the age of 65 as under the age of 15. It is against this backdrop that the Division of Behavioral and Social Research at the U.S. National Institute on Aging (NIA) asked the National Research Council (NRC), through the Committee on Population, to undertake a project on advancing behavioral and social research on aging in Asia. Aging in Asia: Findings from New and Emerging Data Initiatives is a peer-reviewed collection of papers from China, India, Indonesia, Japan, and Thailand that were presented at two conferences organized in conjunction with the Chinese Academy of Sciences, Indian National Science Academy, Indonesian Academy of Sciences, and Science Council of Japan; the first conference was hosted by the Chinese Academy of Social Sciences in Beijing, and the second conference was hosted by the Indian National Science Academy in New Delhi. The papers in the volume highlight the contributions from new and emerging data initiatives in the region and cover subject areas such as economic growth, labor markets, and consumption; family roles and responsibilities; and labor markets and consumption.
