Japanese dilemma

For a long time Japan was regarded as a special economic case, which at best interested experts with a soft spot for the study of financial bubbles. This has changed since the global financial crisis at the latest. Today,

Japan's experiences with the "bubble economy" of the 1980s and its consequences are seen as a deterrent example of how to deal with the aftermath of the financial crisis.

Please note: This study is available in German only.