Japan’s economy managed to grow in the fourth quarter of last year, averting a recession, according to revised government data released Monday that had previously shown a contraction. Real gross ...
But what does a Japanese recession mean for U.S. companies? Two decades ago, a receding Japanese economy would have spelled disaster for many American brands and consumers. However, much global ...
Japan’s economy shrank less than initially estimated in the first quarter but the broad impact from the coronavirus crisis is still expected to send the country deeper into recession. A series ...
In November, Japan’s third quarter GDP figures revealed that the economy had again contracted, thereby indicating that it had officially dipped into recession. Just weeks later, however, the numbers ...
History tells us something different, does it not? On the Japanese recession, Krugman differs with Alesina and Ardagna on the timing and forcefulness of the government's "stimulus" actions ...
Fiscal and monetary policies like cutting taxes or lowering interest rates can coax an economy out of recession. Enough on our economy. Japan and the UK are technically in a recession. These ...
It seemed like everything Japan’s central bank tried to do to help didn’t work: Interest rates were slashed to zero, and kept there for a very long time; still, the recession continued.
This is what we now recognize as a "balance-sheet recession," a term the Nomura economist Richard Koo coined in 1997 to describe Japan's economic sluggishness as society paid down debt from its ...
A generation of New Yorkers is paying a heavy price for a huge drop in unit production following the Great Financial Crisis.