About this series:
At a time of new global opportunities and challenges, the Center for Strategic and International Studies (CSIS) provides strategic insights and policy solutions to decisionmakers in government, international institutions, the private sector, and civil society. A bipartisan, nonprofit organization headquartered in Washington, DC, CSIS conducts research and analysis and develops policy initiatives that look into the future and anticipate change.
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About this episode
Oct 29, 2008
01:24:20
News & Politics
Richard C. Koo, the world-renowned chief economist of Nomura Research Institute, discussed the lessons learned from Japan's "lost decade" during a p...
Richard C. Koo, the world-renowned chief economist of Nomura Research Institute, discussed the lessons learned from Japan's "lost decade" during a presentation at CSIS. During his discussion, Koo suggested that government stimulus can play a key role in alleviating the problems of a balance sheet recession. Koo's recent book, The Holy Grail of Macroeconomics: Lessons from Japan's Great Recession, discusses these issues in greater detail.
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