After experiencing spectacular economic growth and industrial development for much of the postwar era, Japan plunged … is only now emerging. Japan's malaise, marked by recession or weak economic activity, commodity and asset price deflation … industrial world since the 1930s. In Japan's Great Stagnation, experts on the Japanese economy consider key questions about the …

revitalization for answers. Paul Krugman, Nobel laureate in Economics, once said that Japan was a "full-dress rehearsal for the … current crisis." Japan has experienced and valiantly overcome the burst of their Bubble economy, financial crisis, lukewarm … recovery, and more than a decade-long deflation and stagnation to become one of the most stable economies today. Japan's Great …