Post-reform contraction of 1997-98
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- Princes of the Yen whole source · open book
To the contrary, before the reforms, in 1996, growth recorded 4 percent. The 1997 reforms were immediately followed by the largest postwar contraction of nominal GDP and consumer prices.
chapter: Appendix: Japanese Fiscal and Monetary Policies in the 1990s
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- Richard Werner author of the source