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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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modeling of the impacts of specific trade reforms. The author presents case studies for China and Morocco. Both the macro and …
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pro-poor growth in an economy. An application is provided using data for China in the 1990s …
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, a level that China should achieve by or soon after 2015. Among our more provocative findings is that growth slowdowns …
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