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This policy brief warns about the risks of discontinuing the policy responses to the COVID-19 crisis by pursuing exit strategies too early and/or too sharply. It outlines a comprehensive strategy for limiting such risks globally and offers an in-depth discussion of the European situation. Due to...
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Japan's dramatic transformation from economic success to economic stagnation offers important policy lessons to advanced countries everywhere that are struggling with stagnation. The term 'Japanization' is often used by economists to describe long-term stagnation and deflation. Symptoms include...
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Depression a watershed period in the history of the American economy? This volume organizes twelve scholars' responses into four …, and the changing international economy. The central focus across the chapters is the well-known alternations to national … economy, while not omitting reference to the 1930s. The essays consider whether New Deal-style legislation continues to …
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