deflation in Japan

Japan Gets a Boost From Exports

Mired in deflation and stagnant for decades, Japan has been the economic basket case of the developed world, a cautionary example of malaise run amuck. But because it's export-oriented, the world's third-largest economy is getting an unexpected lift from roaring growth

Deflation: Bad for Japan, but Brutal for the U.S.?

With talk of outright falling prices gaining steam in the U.S., it pays to reexamine what happened in Japan during its "lost decade." Turns out that the Japanese economy had several buffers -- including less dependence on housing -- that the U.S. is now lacking.