Japan's dramatic transformation from economic success to economic stagnation offers important policy lessons to advanced countries everywhere that are struggling with stagnation. The term 'Japanization' is often used by economists to describe long-term stagnation and deflation. Symptoms include...

Cover Page -- Title Page -- Copyright Page -- Contents -- Foreword -- Acronyms and Abbreviations -- 1 Abenomics: From the Lost Decade to the Three Arrows -- 2 Abenomics: Lessons Learned from Two Decades of Conventional and Unconventional Monetary Policies -- 3 Can Abenomics Overcome the...

Japan's revitalization plan, dubbed the "three arrows of Abenomics," devises a three-pronged strategy-combining fiscal, monetary, and structural policies-to overcome that country's apparent inability to sustain economic recovery. This book is the first comprehensive assessment of Abenomics and...

The first sub-Saharan African country to pursue broad economic and structural reform - aided by external finance and technical aid - Ghana is an example of adjustment with growth. Ghana's experience, discussed in this paper, illustrates the need for complementary policy actions and the right...