Restoring Japan's Economic Growth

Restoring Japan's Economic Growth

by Adam S. Posen
     
 

ISBN-10: 0881322628

ISBN-13: 9780881322620

Pub. Date: 09/25/1998

Publisher: Peterson Institute for International Economics

This timely report by the Institute for International Economics has received worldwide coverage in leading newspapers and magazines, including The Economist, The Financial Times, The New York Times, The Washington Post, Business Week, Asahi Shimbun and others. The author launched his book at the Central Bank of Japan in mid-September. While it is hoped that that

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Overview

This timely report by the Institute for International Economics has received worldwide coverage in leading newspapers and magazines, including The Economist, The Financial Times, The New York Times, The Washington Post, Business Week, Asahi Shimbun and others. The author launched his book at the Central Bank of Japan in mid-September. While it is hoped that that the book will be read at the highest echelons of Japan's government in an attempt to reverse the country's economic downslide, it is also accessible to others with an interest in the country's economy.

Adam S. Posen, Research Fellow, is a monetary economist specializing in the political economy of macroeconomic performance in the industrial democracies. He is the author or co-author of numerous works on monetary policy, comparative financial systems, and international political economy including Inflation Targeting: Lessons from the International Experience (Princeton University Press 1998) and Why Central Bank Independence Does Not Cause Low Inflation (1993). He received his Ph.D. in Political Economy and Government from Harvard University, where he was an NSF Graduate Fellow from 1989-92. Prior to joining the Institute, he was Economist in International Research at the Federal Reserve Bank of New York (1994-97), Okun Memorial Fellow in Economic Studies at the Brookings Institution (1993-94), and a Bosch Foundation Fellow in Germany (1992-93).

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Product Details

ISBN-13:
9780881322620
Publisher:
Peterson Institute for International Economics
Publication date:
09/25/1998
Series:
Policy Analyses in International Economics Ser.
Edition description:
New Edition
Pages:
186
Product dimensions:
5.90(w) x 8.90(h) x 0.40(d)

Table of Contents

(I) Introduction;
(II) Diagnosis-Macroeconomic Stagnation, not Structural Change;
(III) Fiscal Policy Works When It Is Tried;
(IV) The Short and the Long of Fiscal Policy;
(V) Mounting Downside Risks-Financial and International;
(VI) A Program for Japanese Economic Recovery;
(VII) Recognizing Policy Mistakes, Not Blaming the Model.
Technical Appendix..

(*) Formerly advertised as How Much is Enough for Japan?

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