Marterbauer, Markus - In: WIFO Monatsberichte (monthly reports) 71 (1998) 12, pp. 821-830
The economic crisis in Asia has resulted in a markedly more severed recession in those countries most affected than had been expected in the spring of 1998. Japan slid into a state of deflation and is engulfed in the deepest recession in the post-war period (1998 real GDP –2.5 percent); this...