Abstract

The caselet discusses the declining phase in the Japanese economy. It also talks about the measures taken by the government to overcome the crisis of increased debts and explains the decline in government revenues due to tax cuts.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Crash of the Japanese stock market
• Impediments in the economic progress of Japan
• and Huge budget deficits and public debt.

Keywords

IMF, Japanese economy, stock market crash, public debt, budget deficits, Organization for Economic, Co-operation and Development, Junichiro Koizumi