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The revised edition of this highly acclaimed work presents crucial lessons from Japan's recession that could aid the US and other economies as they struggle to recover from the current financial crisis.
This book is about Japan's 15-year long recession and how it affected current theoretical thinking about its causes and cures. It has a detailed explanation on what happened to Japan, but the discoveries made are so far-reaching that a large portion of economics literature will have to be modified to accommodate another half to the macroeconomic spectrum of possibilities that conventional theorists have overlooked.
The author developed the idea of yin and yang business cycles where the conventional world of profit maximization is the yang and the world of balance sheet recession, where companies are minimizing debt, is the yin. Once so divided, many varied theories developed in
Produkt The Holy Grail of Macroeconomics: Lessons from Japan's Great Recession (Koo Richard C.)(Paperback) označuje EAN kód 9780470824948.
Kategorie | Knihy |
EAN | 9780470824948 |
The revised edition of this highly acclaimed work presents crucial lessons from Japan's recession that could aid the US and other economies as they struggle to recover from the current financial crisis. This book is about Japan's 15-year long recession and how it affected current theoretical
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From The Association for Japanese-Language Teaching (AJALT), developers of the renowned Japanese for Busy People series. Japanese for Young People is a three-level series designed for middle school and high school students (with an optional starter level for elementary students). With an emphasis