Japan has unexpectedly fallen into a recession after its economy shrank for two quarters in a row. The country's gross domestic product (GDP) contracted by a worse-than-expected 0.4% in the last ...

reform is impossible, no matter how painful and protracted the pre-crisis period actually was. This is, perhaps, the main lesson to be learned from the Great Japanese Recession.

Japan’s economy managed to grow in the fourth quarter of last year, averting a recession, according to revised government data released Monday that had previously shown a contraction. Real gross ...