Japan: an unusual crisis

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20 août 2019

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OpenEdition Books

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OpenEdition

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https://www.openedition.org/12554 , info:eu-repo/semantics/openAccess




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Évelyne Dourille-Feer, « Japan: an unusual crisis », CNRS Éditions, ID : 10.4000/books.editionscnrs.12534


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February 2004 From 1950 to 1990, the Japanese economy was characterised by its remarkable ability to swiftly recover from the shock that gripped the economy. The annual rate of GDP growth had already dropped from 10% to 5% between the 1960s and 1970s and to 4% in the following decade. However, a sharp economic slowdown from 1992 to 2003, and short-lived recovery periods have unveiled the unusual nature of the current crisis in Japan as being radically different from those experienced in the p...

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