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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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the economy vulnerable to capital outflows and limited the policy room for maneuver. The paper finds that the measures …
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the economy vulnerable to capital outflows and limited the policy room for maneuver. The paper finds that the measures …
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