Financial Crisis Fatigue? Politics behind Japan's Post-Global Financial Crisis Economic Contraction

Japanese Journal of Political Science 14 (2):223-242 (2013)
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Abstract

Despite a relatively healthy financial sector, the Japanese economy contracted 6.3% in 2009 during the global financial crisis (GFC) after the Lehman shock, the starkest drop among the OECD countries. Since then, the Japanese economy has been slow to recover, although the Japanese government has implemented multiple economic stimulus packages with a high aggregate value

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10.1017/s1468109913000042

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