The Inflationary and Deflationary Trends in the Global Economy, or ‘the Japanese Disease’ is Spreading.

Journal of Globalization Studies 5 (2):152-173 (2014)
Download Edit this record How to cite View on PhilPapers
Abstract
The danger of deflation has been rather frequently mentioned recently among nu-merous concerns over the European and partly American economies. Analysts cite the Japanese economy which has been suffering from deflation for the last two decades despite the large investments in economy and the government's efforts to increase inflation. Similarly, notwithstanding many trillions of dollars, euro, pounds and yen that were invested in economies over the past few years, the infla-tion in the Western countries still remains low. On the whole, there are reasons to maintain that European countries suffer from ‘the Japanese disease’, and this disease can progress or even become chron-ic. The USA, although to a lesser extent, has the signs of the disease as well. As a result, the financial infusions can become permanent, as it happened in Japan. The present paper defines the reasons of the problem, explains the irregularity of the inflation-deflation processes in the world and also offers some forecasts.
PhilPapers/Archive ID
GRITIA-11
Upload history
Archival date: 2018-05-29
View other versions
Added to PP index
2018-05-29

Total views
65 ( #42,959 of 54,354 )

Recent downloads (6 months)
13 ( #40,946 of 54,354 )

How can I increase my downloads?

Downloads since first upload
This graph includes both downloads from PhilArchive and clicks on external links on PhilPapers.