This book discusses Japan’s long-term economic recession and provides remedies for that recession that are useful for other Asian economies. The book addresses why Japan’s economy has stagnated since the bursting of its economic bubble in the 1990s. Its empirical analysis challenges the...

Ch1 The Background of Hometown Investment Trust Funds (Naoyuki Yoshino) -- Ch2 Supply of Risk Capital for Regional Development in Japan (Atsuo Akai) -- Ch3 Hometown Investment Trust Funds in Japan (Masami Komatsu) -- Ch4 Hometown Investment Trust Funds for Regional Development (Norifumi...

1 Introductory Remarks: What’s behind the Recent Oil Price Drop? Naoyuki Yoshino and Farhad Taghizadeh-Hesary -- 2 Impact of Expansionary Monetary Policy on Crude Oil Prices Farhad Taghizadeh-Hesary and Naoyuki Yoshino -- 3 Which Side of the Economy Is Affected More by Oil Prices: Supply or...