Lost decades in growth performance : causes and case studies /: causes and case studies. ([2015])

• Record Type: Book
• Further Information: Note: Edited by Yun-Peng Chu.
• Editors: Zhu, Yunpeng
• Contents: List of Tables; List of Figures; Preface; Notes on Contributors; 1 Excessive Credits and the 'Lost Decades' in Growth Performance; Yun-Peng Chu; 1.1 Introduction; 1.2 The growth equation; 1.3 The results; 1.4 The 'Lost Decades'; 1.5 Concluding remarks and the plan for work in this book; Appendix: List of right-hand side variables with their instruments and sources; 2 A Third Decade of Low Growth? Lessons from Japan on Financial Management and Economic Growth; Richard A. Werner; 2.1 Introduction; 2.2 Demand management policies – the puzzle of their failure; 2.3 The failure of supply-side policies; 2.4 The link between money and the economy; 2.5 The Quantity Theory of Credit and its policy implications; 2.6 Conclusion; 3 It is Not Structural Change, but Domestic Demand: Productivity Growth of Japan; Akira Kohsaka and Junichi Shinkai; 3.1 Introduction; 3.2 Background; 3.3 Methodology and dataset; 3.4 Intra-industry productivity growth vs. inter-industry reallocation of labor; 3.5 Inter-industry reallocation of labor; 3.6 Intra-industry productivity growth; 3.7 Concluding remarks: it is not structural change, but domestic demand; 4 Long Waves of Prosperity and Decline: What Makes Financial-led Capitalism Different?; Óscar Dejuán; 4.1 Introduction; 4.2 The real side of the economy and the problem of effective demand driving sectors and stabilizing fiscal policies; 4.3 The balance of payments constraint and the deflationary forces in the international economy; 4.4 The financial side: from credit explosion to credit crunch, debt draps and speculative bubbles; 4.5 The dual role of banks and the need to differentiate credit regulation according to the borrower and the use of loans; 4.6 Conclusions; 5 The Korean Economy: Structural Changes and Challenges; Cheonsik Woo and Jinhee Park; 5.1 Introduction; 5.2 The Korean economy today – two contrasting views; 5.3 Industrial and business landscape; 5.4 Core tasks to resume the virtuous circle; Appendix: Recent policy initiatives to promote the service sector; 6 Taiwan's Lost Decades: Populism and Internal Contradiction; Yun-Peng Chu; 6.1 Taiwan's lost decade; 6.2 Failures in collective action caused by populism ; 6.3 The mutinous mutation of the developmental state in Taiwan; 6.4 Short-sighted economic policies: other revealed failures in collective action caused by populism; 6.5 More growth equations; 6.6 Clash between nationalisms: textbooks as leading indicators; 6.7 Clash between the economy and politics; 6.8 Possible remedies?; 6.9 Concluding remarks; Appendix 6.1: Results of a survey on nationalism; Appendix 6.2: Results of an experiment of delegated deliberation; 7 Paradigmatic Shifts in Policies, Evolution of the Political Economy and the Lost Decade in Growth Performance; Yun-Peng Chu; 7.1 Introduction; 7.2 Paradigmatic shifts in economic policies; 7.3 The lost decade in Brazil, Indonesia, Mexico, Thailand and Turkey; 7.4 The dynamic evolution of the political economy and the lost decades: Taiwan and South Korea; 7.5 Concluding remarks;
• Publisher Details: Basingstoke : Palgrave Macmillan
• Publication Date: 2015
• Extent: 1 online resource, illustrations
• Subjects: 338.9; Economic development; Political planning; Banks and banking; Economic policy; Economic Conditions; Finance
• Languages: English
• ISBNs: 9781137478764; 1137478764
• Related ISBNs: 9781137478740
• Notes: Note: Includes bibliographical references and index.
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.