The Frontiers of Society, Science and Technology, 2019, 1(2); doi: 10.25236/FSST.20190209.
Yang Liu
Forelgn language college of jilin universty of finance and economics, Changchun,130117, China
The Japanese bubble economy has caused a serious economic recession in the country. In order to get out of Japan's predicament, a series of economic strategies should be adopted, but no significant results have been achieved. The Japanese economy is in the current state of sustained long-term recession, and it contains multiple political and economic factors. This article explores the long-term recession of the Japanese economy, mainly for political economics that it is judged by economic recession, financial and monetary policy failures, structural imbalances, and external economic shocks. It is proposed that the Japanese economy wants to get out of the current recession and needs to achieve comprehensive reform of political and economic affairs to overcome the challenges and long-term development.
Japanese economy; long-term recession; political economy
Yang Liu, The Causes of Japan's Long-term Economic Decline and Its Political Economic Analysis. The Frontiers of Society, Science and Technology (2019) Vol. 1 Issue 2: 60-66. https://doi.org/10.25236/FSST.20190209.
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