Japan’s economic crisis during the 1990s

Japan’s economic crisis during the 1990s

Was the crisis in Japan during the 1990s due to its model for economic development?

















Content:

1. Introduction
2. Japan, a late developer
2.1. The origins of economic inequality
2.2. A model for economic growth
2.3. A model of state-led development
3. The Japanese model of development
3.1. A social model of development
3.2. Japan’s model of capitalism
3.3. Managerial advantages
4. The crisis of the Japanese model of development
4.1. High non-performing loans
4.2. High-technology
4.3. The bubble burst in 1991
4.4. Financial institutions exposed to global financial markets
5. Conclusion

Introduction
Until the end of the 1980s, Japan was considered, rightly, to be the world’s success story of economic development and technological modernisation of the past half-century. After its defeat in World War II, Japan achieved an extraordinary hyper economic growth and a technological transform...