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Start Over Search Limiters Peer Reviewed Language turkish Journal dogus university journal / dogus universitesi dergisi Region united states
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1. JAPONYA (1991) VE ABD (2007-2009) FİNANS KRİZLERİNİN POLİTİK İKTİSAT PERSPEKTİFİNDEN BİR DEĞERLENDİRMESİ.

Author

AKKEMİK, K. Ali

Subjects
*FINANCIAL crises, *ECONOMICS, *RECESSIONS, ECONOMIC conditions in Japan, 1989-, UNITED States economy, 2001-2009
Abstract

This paper compares from a political economy perspective the financial crisis that broke out in Japan after 1991 and in the US during 2007-2009. Common features of both crises are the initial deregulation in the financial sector and the burst of the consequent asset price bubble. The institutional structure shaped by government interventions in Japan was unable to overcome the crisis and the subsequent long recession while the US government responded relatively quickly to the crisis. This paper comparatively evaluates the causes of the crises from the political economy perspective. [ABSTRACT FROM AUTHOR]

Published
2011