Your baby at 9 months = : su bebe a los 9 meses

• Record Nr.: UNINA9910706524903321
• Pubbl/distr/stampa: [Atlanta, GA] : , : Department of Health and Human Services, Centers for Disease Control and Prevention, , [2011]
• Descrizione fisica: 1 online resource (2 unnumbered pages) : color illustration
• Soggetti: Infants - Development; Infants - Growth; Infants - Health and hygiene
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: "Learn the signs. Act early."; "Aprenda los signos. Reaccione pronto."

Japan's policy trap : dollars, deflation, and the crisis of Japanese finance / / Akio Mikuni, R. Taggart Murphy

• Record Nr.: UNINA9910817283403321
• Autore: Mikuni Akio <1939->
• Pubbl/distr/stampa: Washington, D.C., : Brookings Institution Press, c2002
• ISBN: 1-282-75849-7; 9786612758492; 0-8157-9876-8
• Edizione: [1st ed.]
• Descrizione fisica: xiii, 294 p
• Altri autori (Persone): MurphyR. Taggart
• Disciplina: 332.4/1/0952
• Soggetti: Balance of trade - Japan; Political culture - Japan; Japan Foreign economic relations; Japan Economic conditions 1989-
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Bibliographic Level Mode of Issuance: Monograph
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: The policy trap -- The preservation of bureaucratic power -- Monetary policy and mercantilism -- Hoarding gold, hoarding dollars -- Experimenting with bubbles -- Of a great bubble and its collapse -- The downward spiral -- The policy trap revisited -- The anomalies of contemporary Japan -- The end of the Japanese system?
• Sommario/riassunto: Until quite recently, the Japanese inspired a kind of puzzled awe. They had pulled themselves together from the ruin of war, built at breakneck speed a formidable array of export champions, and emerged as the world's number-two economy and largest net creditor nation. And they did it by flouting every rule of economic orthodoxy. But today only the puzzlement remains--at Japan's inability to arrest its economic decline, at its festering banking crisis, and at the dithering of its policymakers. Why can't the Japanese government find the political will to fix the country's problems? Japan's Policy Trap offers a provocative new analysis of the country's protracted economic stagnation. Japanese insider Akio Mikuni and long-term Japan resident R. Taggart Murphy contend that the country has landed in a policy trap that defies easy solution. The authors, who have together spent decades at the heart of Japanese finance, expose the deep-rooted political arrangements that have distorted Japan's monetary policy in a deflationary direction. They link Japan's economic difficulties to the Achilles' heel of the U.S. economy: the U.S. trade and current accounts deficits. For the last twenty years, Japan's dollar-denominated trade surplus has outstripped official reserves and currency in circulation. These huge accumulated surpluses have long exercised a growing and perverse influence on monetary policy, forcing Japan's authorities to support a build-up of deflationary dollars. Mikuni and Murphy trace the origins of Japan's policy trap far back into history, in the measures taken by Japan's officials to preserve their economic independence in what they saw as a hostile world. Mobilizing every resource to accumulate precious dollars, the authorities eventually found themselves coping with a hoard they could neither use nor exchange. To counteract the deflationary; impact, Japanese authorities resorted to the creation of yen liabilities unrelated to production via the large.