Great Recessions - Lessons Learned from Japan
Автор: Center for Strategic & International Studies
Загружено: 2014-06-19
Просмотров: 21468
Описание: Richard C. Koo, the world-renowned chief economist of Nomura Research Institute, discussed the lessons learned from Japan's "lost decade" during a presentation at CSIS. During his discussion, Koo suggested that government stimulus can play a key role in alleviating the problems of a balance sheet recession. Koo's recent book, The Holy Grail of Macroeconomics: Lessons from Japan's Great Recession, discusses these issues in greater detail.
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