Japan’s asset bubble became extremely big. The reasons for it ranged from Japanese economy in late 1980s, to financial deregulation enforced by the US, to the effects of the September 1985 Plaza Accord. […]
The Japanese bubble was an asset bubble. It refers to the swift rise in Japanese asset prices in 1985 and then the rapid collapse of those prices in 1990. […]
The computer market has many pieces and Japanese corporations have managed to successfully lead in some specific fields. But this doesn’t mean that Japan is a leading country in all things computer-related. […]
After WWII, Japanese corporations thrived by focusing on cooperation and group loyalty. Prime minister Nakasone Yasuhiro believed that Japan needed to be adventurous and support individual leadership. […]
In the 1950s and 1960s, the Japanese government supported the country’s auto industry financially in a direct way. They also helped the industry get access to critical materials. […]
A the beginning of the 1980s, American media was flooded with reports of the exponential growth of Japan as a world power, claiming that Japan’s economy would come out on top in the world’s economy. […]
In the 1980s, as the economy of Japan was rising, there were complaints about existential crises. There was nagging concern about the absurdity and danger of social conformity. […]
Abe Kōbō’s distinctive style put him among Japan’s most acclaimed postwar writers. His biography tells us why he could never view daily life as more than just a facade. […]
Turmoil, humiliation, crushing defeat, and poverty were what the Japanese people had experienced during the wartime. No wonder that postwar films reflected the same themes. […]
Richard Nixon’s trip to China and abolishing of the Bretton Woods agreement were economically problematic for Japan. Yet, Japan was able to become one of the world’s major economic colossi. […]
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