This thesis is devoted to long-term stagnation of the Japanese economy and potential solutions addressing such issue. The aim of this thesis is to propose a suitable solution to Japan's long-term stagnation. Firstly, the theoretical as well as practical basis of current Japan's stagnation is described. Economic theory and basic economic principles are explained within the theoretical background in order to apply such knowledge to the real economy correctly. Then, Japan's economic development from the second half of the 20th century till present is outlined within the practical background with an emphasis on "Lost decade" and persisting stagnation to better understand the way the Japanese economy functions. Secondly, the causes of Japan's "Lost decade" and persisting stagnation are presented. The theoretical basis of the causes of long-term stagnation is outlined with an emphasis on economic policy as a key instrument that affects the real economy. Then, the causes of Japan's long-term stagnation are deeply analyzed including a confrontation of selected causes by the author. Lastly, potential solutions addressing the issue of long-term economic stagnation are discussed. Existing solutions that aim to end Japan's stagnation are described and assessed. The main contribution of the author lies in proposing a solution to Japan's long-term economic stagnation from the author's perspective including specific measures to restore economic growth.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:200125 |
| Date | January 2012 |
| Creators | Buchalcevová, Zuzana |
| Contributors | Jiránková, Martina, Žamberský, Pavel |
| Publisher | Vysoká škola ekonomická v Praze |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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