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World Owes Japan an Apology

Tamim Bayoumi says the case of Japan shows just how hard it can be for governments and central banks to stimulate growth and inflation when demand is weak.

Tamim Bayoumi (PIIE)

December 29, 2015

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pp20151229bayoumi.pdf (111.17 KB)

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PETERSON INSTITUTE FOR INTERNATIONAL ECONOMICS

The Peterson Institute for International Economics is an independent nonprofit, nonpartisan research organization dedicated to strengthening prosperity and human welfare in the global economy through expert analysis and practical policy solutions.