2009年2月3日 星期二

泡沫經濟(bubble economy)

什麼是泡沫經濟?諾貝爾經濟學獎得主保羅.克魯曼(Paul Krugman)寫的面對失靈的年代:克魯曼談金融海嘯The Return of Depression Economics and the Crisis of 2008一書,有一段文字,把泡沫經濟解釋得非常精要,一看就懂:
At the beginning of 1990 the market capitalization of Japan—the total value of all the stocks of all the nation’s companies—was larger than that of the United States, which had twice Japan’s population and more than twice its gross domestic product. Land, never cheap in crowded Japan, had become incredibly expensive: according to a widely cited factoid, the land underneath the square mile of Tokyo’s Imperial Palace was worth more than the entire state of California. Welcome to the “bubble economy,” Japan’s equivalent of the Roaring Twenties.
除了泡沫經濟(bubble economy),還有金融泡沫(financial bubble)。

用到 bubble 一字的最新英文新聞報導:

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