Japan is in the midst of a demographic transition that is both rapid and large by international standards. As recently … as 1990, Japan had the youngest population among the Group of 6 large, developed countries. However, the combined effects … of aging of the baby boomer generation and low fertility rates have produced very rapid aging. Japan now finds itself …

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 … caught in a liquidity trap. This book argues that Japan’s economic stagnation stems from a vertical “investment-saving” (IS …