23.03.20 14:32

Japanization: 30 Years of Failed Economic "Stimulus"

In Europe, the danger of “Japanization”, a long-lasting economic stagnation accompanied by expansionary monetary and fiscal policies, is now discussed more intensively. Gunther Schnabl and Taiki Murai show why such a development is alarming.


letzte Änderung: 21.10.2013