East Asian Economic and Business History

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Role of Japanese Business and Government in the 1990s Economic Downturn

Peter Von Staden, University of the West of England

– This presentation was for a work in progress –

The reasons for Japan’s ‘Lost Decade’ provide a vista through which Japan can be understood. In the wake of this turmoil, much of scholarship has focussed on the economic and financial aspects of its origins and why reform has not met expectations.  In themselves, these analyses provide varied and cogent explanations but also, lurking in the background, is the question of intent: To what extent did policy makers really want to change Japan’s political economy?

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