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Japan’s economy from boom to bust

Author

Listed:
  • Şerban Georgescu

    (Romanian American University)

  • Bogdan Glăvan

    (Romanian American University)

Abstract

Japan’s economic evolution for the last half of the century provides us with an unique occasion to test alternative theories for growth. This short article makes a review of the main economic events and their causes. It maintains that behind Japan’s slump and deflation was the state policy which encouraged a prior unsound expansion.

Suggested Citation

  • Şerban Georgescu & Bogdan Glăvan, 2007. "Japan’s economy from boom to bust," Romanian Economic Business Review, Romanian-American University, vol. 2(2), pages 67-71, June.
    • Handle: RePEc:rau:journl:v:2:y:2007:i:2:p:67-71
    as

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    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/SU07/REBE-SU07-A9.pdf
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