Lessons from Japan

While comparisons between the current crisis and the Great Depression of the 1930s are exaggerated, it is clear that the impact of the financial turmoil that started in August 2007 and still continues today will equal - and possibly exceed - the economic instability of the 1970s and early 1980s. The American government's $700 billion bailout of the financial industry, combined with further rescue efforts and stimulus packages the administration of President Barack Obama will no doubt pass this

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.