crisis, including quantitative measures by the central bank and other institutions and regulatory changes by the Financial …

Japan was hit hard by the global financial crisis even though its relatively resilient financial system initially … real economy. In this environment, Japan was particularly vulnerable because of the structural changes that had taken place … States and Western Europe. <p>The structural changes had two components. First, over 90% of Japan's exports consisted of …

We consider Korea and Japan in East Asia as the representative country of each of the two groups: high- versus low …

bound is not a binding constraint. This could be one possible explanation as to why a country like Japan experienced much …