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Takeo Hoshi speaks to CNN

"Japan, Sweden may offer economic recovery lessons"

04/02/2009
Manav Tanneeru, cnn.com/us

(CNN) -- As President Obama discusses the economic crisis with world leaders at the G-20 summit this week, two nations' experience wrestling with similar financial troubles in recent history could offer recovery lessons for the United States.

The current financial crisis roiling the U.S. and global economies is unique, but the crises that plagued Japan and Sweden during the 1990s -- and their different solutions to the similar problem -- offer a kind of parallel in history.

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