Abstract This paper examines the Japanese economy and current economic problems challenging Japanese policy makers, from stagnating production and unresolved banking questions, to the slowdown in the global markets.
From the Paper "And many think Japan is so badly in need of fundamental reforms, that there isn't much the central bank can do. Bank of Japan {BOJ} must print enough money to rev up inflation, convince consumers that rising prices are back to stay and get them spending again. Other economists think BOJ should set inflation targets to prove that it's dedicated to stabilizing prices in the country."
