Beschrijving
Explores the factors that have contributed to low inflation and deflation in Pacific Rim nations and forecasts some of the potential challenges faced by these nations, as well as some potential solutions. Rapid growth on the supply side of economics is one of the phenomena that have contributed to these circumstances.
Extremely low inflation rates have moved to the forefront of monetary policy discussions. In Asia, a number of countries – most prominently Japan, but also Taiwan and China – have actually experienced deflation over the last fifteen years. \





