1. From the Great Depression to the Great Recession -- 2. Causes of the US subprime mortgage crisis -- 3. The crisis spreads to Europe -- 4. Why the European sovereign debt crisis has lasted so long -- 5. US fiscal and monetary policy to cope with the Great Recession -- 6. The role of Germany in...

Japan achieved phenomenal economic growth after wwii. Starting in the early 1990s, however, the japanese economy began experiencing a prolonged deflation-stagnation period widely known as the “lost decades”. Based on data from the world bank and the federal reserve bank of saint louis, this...