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Economic growth, inflation, and interest rates have declined in Asia, just as they have in the United States and Europe. This volume explores the relevance to several Asian economies of the diagnosis known as “secular stagnation.” Leading experts on the region discuss the fiscal and monetary policy challenges of reviving growth without generating domestic financial imbalances. The essays on innovation, demographics, spillovers, and various policy proposals are accompanied by case studies focusing on Japan, South Korea, China, India, and Indonesia.
Economic growth, inflation, and interest rates have declined in Asia, just as they have in the United States and Europe. This volume explores the relevance to s
This book addresses two general questions that have arisen as a result of the uneven rise of the various Asian economies in contemporary times. First, to lift p
This book focuses on the tremendous shift in both economic growth and development progress taking place towards the Asia-Pacific Region. Each of the countries i
Focusing on the Asia-Pacific region, which in recent years has been the engine of global economic growth , this volume surveys trends and prospects in technical
'The volume is certainly interesting and well-informed and would make a valuable addition to reading lists for courses on East Asian economic development.' - An
