1.

Record Nr.

UNISA996215771303316

Titolo

The IRE journal

Pubbl/distr/stampa

[Columbia, Mo.], : [Investigative Reporters and Editors]

ISSN

2169-3781

Disciplina

070.43

Soggetti

Investigative reporting

Reporters and reporting

Editors

Newspaper editors

Journalists

Reportage

Journalisme d'enquête

Journalistes

Éditeurs

Rédacteurs en chef

Journalistiek

Onderzoek

Periodicals.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Periodico



2.

Record Nr.

UNINA9910962970303321

Autore

Tokuoka Kiichi

Titolo

“Lost Decade” in Translation - What Japan’s Crisis could Portend about Recovery from the Great Recession / / Kiichi Tokuoka, Murtaza Syed, Kenneth Kang

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2009

ISBN

9786612844690

9781462375936

1462375936

9781452759135

1452759138

9781282844698

1282844695

9781451874273

1451874278

Edizione

[1st ed.]

Descrizione fisica

1 online resource (42 p.)

Collana

IMF Working Papers

Altri autori (Persone)

KangKenneth

SyedMurtaza

Disciplina

332.63;332.63222

Soggetti

Financial crises - Japan

Accounting

Banking

Banks and Banking

Banks and banking

Banks

Credit

Debt Management

Debt

Debts, Public

Depository Institutions

Distressed assets

Finance

Finance, Public

Finance: General

Financial reporting, financial statements

Financial statements

General Financial Markets: Government Policy and Regulation

Micro Finance Institutions

Monetary economics



Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Money and Monetary Policy

Mortgages

Public Administration

Public debt

Public finance & taxation

Public Finance

Public Sector Accounting and Audits

Sovereign Debt

Japan Economic policy

Japan

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Contents; I. Introduction; II. Japan's Lost Decade: From Green Shoots to Enduring Recovery; A. Background: The Three Phases of Japan's Crisis; Phase 1: 1990-97-Crisis Outbreak and Fragile Recovery; Phase 2: 1997-2000-Systemic Stress and Second Recovery Attempt; Phase 3: 2001-03-Renewed Systemic Stress Followed by Sustained Recovery; B. Revisiting Japan's Policy Responses; The Primacy of Financial and Corporate Interventions; Re-assessing the Effectiveness of Fiscal Stimulus; The Supportive Role of Credit Easing; The Art of Disengagement: Exit Strategies and Long-Term Impacts

III. Potential Implications for Today: Recovery from the Great RecessionA. The Outlook for the Global Recovery: Views from the Lost Decade; B. The Role for Global Policies: From Stimulus to Exit; IV. Conclusion; Appendix. A Chronology of Japan's Key Policy Actions; References

Sommario/riassunto

Is the recovery from the global financial crisis now secured? A strikingly similar crisis that stalled Japan's growth miracle two decades ago could provide some clues. This paper explores the parallels and draws potential implications for the current global outlook and policies. Japan's experiences suggest four broad lessons. First, green shoots do not guarantee a recovery, implying a need to be cautious about the outlook. Second, financial fragilities can leave an economy vulnerable to adverse shocks and should be resolved for a durable recovery. Third, well-calibrated macroeconomic stimulus can facilitate this adjustment, but carries increasing costs. And fourth, while judging the best time to exit from policy support is difficult, clear medium-term plans may help.