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ob Aas RO {0 ZE se Rah LP Se Fe A A ie [38] SE8ARA (Richard C. Koo) # BBERAB (CIP) MH HE — fn fo) 1 AP LE EI / SR) NE mE PE. At RAT Hi, 2008. 11 ISBN 978-7-5060-3329-9 Le ke OR Ome Ul. SME — HELV. 831-99 fs BAR AH CIP SHH (2008) 3B 167448 ‘The Holy Grail of Macroeconomics: Lessons from Japan's Great Recession Copyright © 2008 by John Wiley & Sons'CAsia) Pre, Ltd. All rights reserved. ‘Authorized Translation fom English language edition published by John Wiley & Sons (Asia) Pte, Ltd, a : innioensnen FARA A AOU «AIL COED HARA CL BCA SE RR AI AR OH SRAM PF. 01-2008-4959 { ARB—MAESREN PSEA fe (8) SHH 3 R: KERR. BH A: AR ar a Ae BT. RAMA AAT FA Mike AC RET ART KA 166 WORM. 100706 A Bi: ALR HAAR al os 2008 4F 11 ALAR FH. We: 2008 4 11 A 1 A FAR, 787 KX 1092 BK 1/16 A: 16 4 © &, ISBN 978-7-5060-3329-9 Br: 39,000 RAMA. (O10) 65257256 65245857 65276861 myreig, C010) 65230553 BTA, MGR APRA RAS SAD RR MAM, MT BIA: (010) 65266204 RMERERR ARH AL. 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BURT MME NT AKBE RRB, WA AYR ELISE FL, Sh BE RLAT CE AAS A fee SR TH HO eK, HA ET HIM AA BA IK EAT RANT, USED EAA HR 5. AAA a 5 SE IR] 20 fish 90 Ae FR SON A ahs fe BER BE BAAR ZT TE A = PBR, ATA ik = FY BER EE 20 fk 4a 90 AEH IN ZS BA HI Bi fe TH PB Pe BO 4 AE HB ELAT IK (Leveraged Buyout, LBO) fiw A ah 7" TH HA. nf 1989 EH ARS A ETE CSB-L) PLAY AY WEE GAIL MERE TE BT BLA 1 600 42 38 FG AEWA HT BR Jed) AUBERT LA SC A St TS Be 9 REE He LB AT HEAR EBT ew a FETE KE MG Fa Bt} LTE RA Ihe EF BB) TM AL AT BE SAR OE ASTRA, FEMAICU AM SATAERPRONREA MR, Ae SPECT 1991~1993 45 [a] 4 3 9 BIN 4 fed SER AH. TG Hee TR RE eT ZG HBR TARE TH, ET a fit Hp ol 8 roy 008 Fe RAT OPA. TECH TL . CE BR BERT TE PG Mb, AO Mb fea BE TS DT BOS BTR. HAS A 045 eA BH Ot aE ER. RTT EAR ERA RACRAMWIEUAERNM MASE A RATT RM. SRD (i te 7TH FAS EAD YAS A Je Dy Gk AAT ZS a) A IE A ie At A eT BY AS SPOR BE RT HB Sih, eA 15 A, LP RAT AAI RY, RR SR ABE GE FTCA SEA RTT A. PAAR ORE, EES PAN BAA. 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Sh BR EA EKA WiLL, RED HLA DADE Hh OY CER HE TB EA ky BOR LAWALL, (EM ee Be AR BR BEE AN TE: 1990 AEH TREKS PRR IE Me PATE mE BS BLT AE LN WE A As 1 Ph EB AUB Sa ha AD AI A GE AL A ATT DS HH TY AAI OTN FE ALCKERA ARRAS S, QHD AWW ERAS SHH, FEEL SU AON WE. AGAR ARR BB SB BALAN Ke FE THT TL Ba SA He Hes HAE IO) 81 iF 4G HY 2003 EAN 2004 AE, SHHUARBE T 95% MI 87%, fie AEE HS SL A SAY 1/10, 140 9905100, ie et mn) — iE Me AHR (TOPTX) TAKE BH LAF TRB AL Fee 80 | ° ws “8 40, 83% -93% 0 85 86 87 88 89 90 91 92 93 9495 96 97 98.9900 01 02 0304.05 06 07 FARR: a eee BAAAP RE, CHEE WR) , 2008424 H1-3 REM RRER TRE ARR PERE OE ARRAY» FB) FAD SHG MG ST BE CME DL Be Be OE SE a RAE) AUGER AD RL AE, ARTY MERLE ER TRE FADS BR TAD INS Ce APT EAS BE PR AR A TBE. HB A A A 10042 A 7eHY Eh, BLAE ADA DLR He tL 10 AZ AG. OBE Pe th BRE WARTS AE 70 (ZA TEL Ge fH 5 PRAT ALTAR ABET PIRI ER Ea TF 601 A FEA Hh it, BLE. RE A ae BE he aT hk Am. 3. FDA AL SS PS A Sh HB SREY AY EE ICE PI, ER ER BR ROR Be. 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