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The government's projection includes, in addition to the annual short-term projection, intermediate- and long-term plans for five to ten years.
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Looking back over the postwar Japanese economy, the factors that led its growth in recovering from recession have been mainly exports and private sector capital investment. There has never been a case in which public investment led growth (see Table 1). During the 1950s and 1960s, since the...
Persistent link: https://www.econbiz.de/10008774753