Japan's Policy Trap: Dollars, Deflation, and the Crisis of Japanese Finance by A

Description: Japan's Policy Trap by Akio Mikuni, R. Taggart Murphy Estimated delivery 3-12 business days Format Paperback Condition Brand New Description Japanese insider Akio Mikuni and long-term Japan resident R. Taggart Murphy contend that Japan has landed in a policy trap that defies easy solution. Publisher Description Until the beginning of the 21st century, the Japanese inspired a kind of puzzled awe. They had pulled themselves together from the ruin of war, built at breakneck speed a formidable array of export champions and emerged as the worlds number two economy and largest net creditor nation. And they did so by flouting every rule of economic orthodoxy. Now only the puzzlement remains - at Japans inability to arrest its economic decline, its festering banking crisis, and the dithering of its policymakers. Why cant the Japanese government find the political will to fix the countrys problems? This book offers a provocative analysis of the countrys protracted economic stagnation. Japanese insider Akio Mikuni and long-term Japan resident R. Taggart Murphy contend that the country has landed in a policy trap that defies easy solution. The authors, who have together spent decades at the heart of Japanese finance, expose the deep-rooted political arrangements that have distorted Japans monetary policy in a deflationary direction. Author Biography Akio Mikuni is one of the most universally respected analysts of the Japanese economy in the global financial community. He is the president and founder of Mikuni & Co. Ltd, Japans leading independent, investor-supported bond-rating agency. Mikuni was named one of the fifty most influential individuals in Asia by Business Week in 1999. He also has been the subject of profiles in the Financial Times and Fortune. R. Taggart Murphy, a former investment banker, is foreign professor, College of International Studies, Tsukuba University, Japan, and a nonresident senior fellow in the Foreign Policy Studies program at the Brookings Institution. His recent books include The Weight of the Yen: How Denial Imperils Americas Future and Ruins an Alliance (W. W. Norton, 1997) and Ugokanu Nihon e no Shohosen ( Prescriptions for a Japan That Is Not Moving), (Mainichi Shinbunsha, 1998). Details ISBN 081570223X ISBN-13 9780815702238 Title Japan's Policy Trap Author Akio Mikuni, R. Taggart Murphy Format Paperback Year 2003 Pages 320 Publisher Rowman & Littlefield GE_Item_ID:9347488; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys

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