Japan's financial crisis and economic stagnation
Article Abstract:
A study of Japan's financial crisis and economic stagnation by reviewing it's macroeconomic conditions and the two way link between the real economy and financial crisis are discussed. The sector specific factors that are faced by the Japanese banks, insurance companies and financial institutions and the estimated loss incurred is describes.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 2004
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Why the Middle East is economically underdeveloped: historical mechanisms of institutional stagnation
Article Abstract:
The Middle East was an economically advanced region of the world, as measured by standard of living, technology, agricultural productivity, literacy or institutional creativity. The study offers reasons why the Middle East became underdeveloped.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 2004
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