interest to researchers and policy makers not only in Japan but also the People’s Republic of China, many countries in the …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 …

This book theoretically and empirically investigates the emergence of strong money demand in wartime Japan (1937 …–1945), its disappearance after the end of the war (1945–1949), and the reemergence of strong money demand in contemporary Japan … contemporary Japan, can now be interpreted in line with the above augmented theory. In the present, strong money demand at near …