Модернизация, инновация, развитие (Sep 2015)

THE FIRST RESULTS OF THE KEYNESIAN PROGRAM OF REVITALIZATION OF THE JAPANESE ECONOMY

  • U. T. Dzhamakeev

Journal volume & issue
Vol. 5, no. 1(17)
pp. 58 – 61

Abstract

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In this paper we present an application of Tobin's dynamic monetary model to the analysis of depressed economy during the crisis. The example of the stagnant Japanese economy shows that a strong Keynesian program revival adopted by the government of Prime Minister Shinzo Abe in 2012, brings the first positive results: the movement of the state of chronic deflation, the revival of the economy and significant economic growth.

Keywords