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WHY I AM DEPRESSED ABOUT JAPAN

Por: Tema(s): En: Financial Times 4 mayo 1999, p. 12Resumen: Influential Japanese now understand the nature of the problems afflicting their economy. But they lack the intellectual courage to push through solutions. The story of Japanese macroeconomics in the 1990s is that of the pump that refused to be primed: of ever-growing budget deficits that stave off collapse but do not generate self-sustaining recovery.
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Analítica de Seriada Analítica de Seriada BIBLIOTECA ECONÓMICA BCE - QUITO RESUM-021200 (Navegar estantería(Abre debajo)) Financial Times. 4 mayo 1999, p. 12 Disponible

Influential Japanese now understand the nature of the problems afflicting their economy. But they lack the intellectual courage to push through solutions. The story of Japanese macroeconomics in the 1990s is that of the pump that refused to be primed: of ever-growing budget deficits that stave off collapse but do not generate self-sustaining recovery.

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