The STUDIA UNIVERSITATIS BABEŞ-BOLYAI issue article summary

The summary of the selected article appears at the bottom of the page. In order to get back to the contents of the issue this article belongs to you have to access the link from the title. In order to see all the articles of the archive which have as author/co-author one of the authors mentioned below, you have to access the link from the author's name.

  
       
         
    STUDIA NEGOTIA - Issue no. 2 / 2003  
         
  Article:   DETERMINANT FACTORS OF JAPAN’S “ECONOMIC MIRACLE”.

Authors:  IOAN ALIN NISTOR. 		 
       
         
  Abstract:   During the 45 years following the end of the World War II, Japan enjoyed the highest growth rate of any of the world’s large industrialized nations. To many observers, Japan economic expansion appeared to be unstoppable. Then, in 1990, a stock market crash and falling land prices ushered in a period of economic malaise. The stock market reached low values, bankruptcies were increasing, unemployment was in its highest in 50 years and deflations was continuing. Banks had huge amounts of nonperforming loans. The economy was drifting between periods of low growth and actual recession. This paper discusses the factors and policies that led to Japan’s “economic miracle” and the changes that have led to the current economic malaise.  
         
     
         
         
      Back to previous page