Specifika hospodářských cyklů Japonska
Key Features of Japanese Business Cycles

Summary/Abstract: Business cycles in developed economies have changed in many ways in the second half of the 20th century (compared to the pre-war period). The Japanese business cycles have been unique or different in certain aspects (compared to the previous development and to other developed countries or the average indica-tors). These particular features have intensified since the 1990´s, when Japan was hit by many serious macroeconomic problems. This study analyses key features of the Japanese post-war business cycles (with special attention to the period of the 1990´s). It compares the Japanese post-war expansions and reces-sions and the business cycles development in Japan and selected developed countries.

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