Tumultuous Times: Central Banking in an Era of Crisis (Shirakawa Masaaki)(Pevná vazba)

Tumultuous Times: Central Banking in an Era of Crisis (Shirakawa Masaaki)(Pevná vazba)

Tumultuous Times: Central Banking in an Era of Crisis (Shirakawa Masaaki)(Pevná vazba)

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Tumultuous Times: Central Banking in an Era of Crisis (Shirakawa Masaaki)(Pevná vazba) - popis produktu

The Japanese economy, once the envy of the world for its dynamism and growth, had lost its shine after a financial bubble burst and slumped further during the Global Financial Crisis in 2008. It suffered even more damage in 2011, when a severe earthquake set off the Fukushima Daiichi nuclear disaster. However, the Bank of Japan soldiered on to combat low inflation, low growth, and low interest rates. In many ways, the challenges it faced, as well as the solutions offered by Masaaki Shirakawa, who led the bank as governor, and his deputies, served as a laboratory for actions taken by central banks in other parts of the world. Shirakawa provides a rare insider's account of the workings of Japanese economic and monetary policy during this period and how it challenged mainstream economic

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