Download or read book Japan's Policy Trap written by Akio Mikuni and published by Brookings Institution Press. This book was released on 2002 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Until quite recently, the Japanese inspired a kind of puzzled awe. They had pulled themselves together from the ruin of war, built at breakneck speed a formidable array of export champions, and emerged as the world's number-two economy and largest net creditor nation. But today only the puzzlement remains. This book offers a provocative new analysis of the country's protracted economic stagnation.