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This is a book that will change the American perception of the Pacific War. One important question is: Who actually started the Pacific War? By examining recently discovered facts revealed through the declassification of official documents, the decoding of secret communications between the Soviet Union and its operatives, and findings from American and Japanese writers in recent decades, the author clarifies the role played by President Franklin D. Roosevelt and members of his cabinet in pushing Japan to the brink of war. Another notable analysis concerns the U.S. occupation of Japan...

This book by a distinguished academic and a professional economist from the World Bank clearly demonstrates the significant role played by the real estate sector in inducing the Asian crisis; the linkage of the real estate sector to the general economy; the causes of real estate booms and subsequent busts; and the economic costs of real estate price volatility. The book also includes suggestions for moderating such volatility in the future.

What role did real estate play in causing and exacerbating the Asian financial crisis? This study shows its role in inducing the crisis; its linkage to the general economy; the reasons for real estate booms and busts; and the economic costs of real estate price volatility.