The Fukushima nuclear disaster wreaked havoc in Japan on various levels. Destroying the sociopolitical fabric of the country, the incident left a strong impact on Japan which is evident even today. […]
The 2011 Fukushima nuclear disaster set off a series of changes in Japan. The country faced natural, political, social, and cultural upheavals in the wake of the disaster. […]
After the bursting of the economic bubble in 1990, Japanese population faced an economic insecurity which then led to the erosion of their belief in the family unit. The country is fast emerging as a solo society with the youth wanting to enjoy their lives as singles. […]
The LDP faced a stiff competition from numerous third parties. Even though the party tried bouncing back to power, LDP lost elections twice as the reformed electoral policies did not favor them. […]
The Democratic Party of Japan managed to come into power by ending the long run of Liberal Democratic Party in 2009. But the party failed to match up to the expectations of the public due to various stumbling blocks that came its way, some natural but many of its own doing […]
The Liberal Democratic Party in Japan remained in power for the longest of time. With its unique strategy and a favorable electoral system, the party succeeded remarkably. […]
Capitalism is great for generating wealth but the problem is that it simultaneously generates inequality. Trying to address the inequality that comes with capitalism has been difficult in Japan. […]
After Japan’s asset bubble burst, different social consequences were to be expected. Popular culture such as novels, films, and TV tried to tackle the issues the society was facing. […]
When Japan’s asset bubble burst in 1990, everyone didn’t just immediately go bankrupt. Instead, the effects of this financial crisis were long-term, slow, and grinding. […]
Since the 1990s, Japan has had several years of deflation, with prices falling, and zero or even negative interest rates. Liberal economists argue that Japan needed to hit a big inflation target to shock Japanese consumers out of their frugality mindset. […]
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