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Japanization: What the World Can Learn from Japan's Lost Decades

Posted By: First1
Japanization: What the World Can Learn from Japan's Lost Decades

Japanization: What the World Can Learn from Japan's Lost Decades by William Pesek
English | March 19th, 2014 | ASIN: B00MOLB83Q, ISBN: 1118780698 | 237 pages | EPUB | 0.64 MB

An in-depth look at Japan's economic malaise and the steps it must take to compete globally
In Japanization, Bloomberg columnist William Pesek—based in Tokyo—presents a detailed look at Japan's continuing twenty-year economic slow-down, the political and economic reasons behind it, and the policies it could and should undertake to return to growth and influence. Despite new Prime Minister Shinzo Abe's promise of economic revitalization, investor optimism about the future, and plenty of potential, Japanization reveals why things are unlikely to change any time soon.

Pesek argues that "Abenomics," as the new policies are popularly referred to, is nothing more than a dressed-up version of the same old fiscal and monetary policies that have left Japan with crippling debt, interest rates at zero, and constant deflation. He explores the ten forces that are stunting Japan's growth and offers prescriptions for fixing each one.

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