期刊名称：Federal Reserve Bank of St. Louis - Regional Economist
出版年度：2014
出版社：Federal Reserve Bank of St. Louis
摘要：T he Japanese economy has been struggling with low growth and low inflation for several years (or even decades). These two symptoms are present in several developed economies, including the U.S. 1 In this article, we analyze the Japanese economic experience, reviewing the headwinds and the recent policies implemented. We show the main differ- ences and similarities that Japan has with the U.S. and also compare Japan's performance with South Korea's. The case of South Korea is interesting because the growth experience is similar to Japan's between 1970 and 1990, but South Korea didn't suf- fer a slowdown in the years after that, as Japan did
