| dc.description |
In the 1980’s Japan was the second largest economy in the world that was experiencing growth and gains in assets that were greater than that of the U .S . However the recession that occurred in the late 1980s , along with the large impact felt by the Asian Crisis , Japan currently remains financially unstable . Monetary and fiscal policies that have been used to combat the problem remain unsuccessful as the economy continues to stagnate . Could this be due to inadequate policy , or is something else causing the economy to lag in the worlds longest recession ? This thesis covers and explores the different factors that have effected this economy from a governmental , monetary , economic , and sociological standpoint in an effort to explain why Japan’s economy has still not recovered . |
|