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State Capacity Under Reform: A Case Study Of The Adminstrative, Policy, And Private Consultative Capacity Of The Ministry Of Foreign Trade And Industry In Egypt, Mona Hosny Ghander
State Capacity Under Reform: A Case Study Of The Adminstrative, Policy, And Private Consultative Capacity Of The Ministry Of Foreign Trade And Industry In Egypt, Mona Hosny Ghander
Archived Theses and Dissertations
During the 1960s and 1970s, a number of developing countries have emerged among the top industrializing countries in the world achieving unprecedented growth rates. These countries became known as the Newly Industrializing Countries (NICs) or the Newly Industrializing Economies (NIEs). The interest in interpreting the NICs experience to identify prospects for emulation in other developing countries have led to a surge in the literature examining the role of the state in development and growth. It has been argued that while growth in these countries did not follow a unified path or emerge due to a unified set of factors, there …
An Exploration Of Structural, Cultural And Institutional Factors Behind The Japanese Recession, 1990-2000, Yasmin Ahmed Mowafy
An Exploration Of Structural, Cultural And Institutional Factors Behind The Japanese Recession, 1990-2000, Yasmin Ahmed Mowafy
Archived Theses and Dissertations
This paper analyses the causes behind the Japanese economic downturn which started in the 1990s and investigates the failure of both fiscal and monetary policy to remedy the recession. The author asserts that the Japanese economy was due for recession when two factors occurred to precipitate it, the asset price bubble and the banking crisis. However, a recession would have occurred even if these events had not transpired, because of a number of structural factors. The recession was then prolonged by the existence of the "liquidity trap". The inevitability of the recession stems from the fact that the Japanese economy …