日本的泡沫经济与通货紧缩  

Bubble Economy and Deflation in Japan

作　　者：魏加宁[1] 杨坤[2] Wei Jianing;Yang Kun(Development Research Center of The State Council, Beijing 100010;Southwestern University of Finance and Economics, Chengdu 611130)

机构地区：[1]国务院发展研究中心,北京100010 [2]西南财经大学,四川成都611130

出　　处：《开放导报》2016年第4期24-28,共5页China Opening Journal

摘　　要：日本在1985年"广场协议"之后,应对"日元升值萧条"不当而掉入"泡沫经济陷阱"。改革严重滞后是日本掉入"泡沫经济陷阱"的重要原因。在泡沫经济破灭之后,历届日本政府一直试图依靠短期宏观政策来刺激经济,而缺乏系统性结构性改革的勇气和智慧,是日本经济陷入长期萧条,至今未能摆脱泡沫经济阴影的主要原因。In 1985, since the wrong response to the “Endaka”, Japan fall into the bubble economy after the “Plaza Agreement”. The duration of the Japanese asset price bubble is five years, but the impact of the bubble burst still profound influence Japan’s economy and society.This paper makes a deep introspection based on a systematic retrospection of Japanese asset price bubble, and believed that the reform lagging behind is the most important reason that Japan fall into the bubble economy. At the same time, after the bubble burst, previous governments tried to repeated use shortterm stimulus policies, but lack of courage and wisdom to the Systemic and Structural Reforms, is the most important reason that Japan fall into long-term depression, and fail get rid of the shadow Japanese asset price bubble.

关 键 词：日本泡沫经济 宏观经济政策 经验与教训 

分 类 号：F131.3[经济管理—世界经济]