Japan has experienced the asset price bubble in the fairly favorable price environment and resultant long-lasting economic stagnation in the last two decades. Japan’s experience suggests the importance of assessing the sustainability of price stability over a fairly long period, which many central banks have emphasized in recent years.
He served both as Minister of Economy, Finance and Industry (1997-1999) and as Minister of Industry and International Trade (1991-1993). Dominique began his career as an assistant professor and was subsequently engaged as a professor of economics at the Universities of Nancy and Paris. From 2001 to 2007, he taught economics at the Paris Institute of Political Studies.