distress; 7. Why was Japan hit so hard by the global financial crisis?; 8. China's policy responses to the global financial …

revitalization for answers. Paul Krugman, Nobel laureate in Economics, once said that Japan was a "full-dress rehearsal for the … current crisis." Japan has experienced and valiantly overcome the burst of their Bubble economy, financial crisis, lukewarm … recovery, and more than a decade-long deflation and stagnation to become one of the most stable economies today. Japan's Great …