World in balance sheet recession. Characteristics of balance sheet recessions -- Great depression was a balance sheet recession -- Monetary, foreign exchange, and fiscal policy during a balance sheet recession -- Yin and Yang economic cycles and the Holy Grail of macroeconomics -- Pressure of globalization -- Ongoing bubbles and balance sheet recessions -- World in balance sheet recession.
Summary:
The revised edition of this highly acclaimed work presents crucial lessons from Japan's recession that could aid the U.S. and other economies as they struggle to recover from the current financial crisis.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.