of stagnation or low growth. Comparative case studies of the Great Depression, the Latin American debt crisis of the 1980 … prosperity for a long time? The main conclusion is that stagnation after big financial crises becomes likely when the balance …

This paper argues that the re-emergence of stagnation tendencies in modern capitalism can be related to … Eurozone and its main member countries, imposes an aggregation problem on the global economy and thus contributes to stagnation …

Paul Krugman, that the Japanese economy is in a liquidity trap. We argue that Japan's economic stagnation stems from a …

abruptly into recession in the early 1990s and since then has suffered a prolonged period of economic stagnation, from which it … industrial world since the 1930s. In Japan's Great Stagnation, experts on the Japanese economy consider key questions about the … stagnation, the role of monetary policy, and the importance of international financial factors--in particular, the exchange rate …