Balance Sheet Recession
Author
Link
Cost
Paid
Published
2003
Full Name
Balance Sheet Recession: Japan's Struggle with Uncharted Economics and its Global Implications
Balance Sheet Recession is a groundbreaking book claiming that Japan is suffering from a temporary but highly unusual economic aberration. It argues that contrary to popular belief, it is this massive shift in corporate behavior, instead of structural problems, that is the root cause of both the deflation and the non-performing loan problems that have troubled Japan for so long. Balance Sheet Recession clearly explains how such a recession can happen in any economy following an asset price bubble, and how best to deal with it.
