Japan's Economy: From Bubble to Bust

Description

In the 1980s, Japan's economy posted strong economic growth, in stark contrast to the more pedestrian growth other developed economies experienced. In this period, referred to as the "bubble" economy, Japan experienced a sharp increase in the values of land and stocks. The fast paced growth came to a halt in 1991, however, as the Ministry of Finance grew concerned over prospects of a rising rate of inflation, and, accordingly, tightened the nation's money supply. Since then, Japanese economic growth has fallen sharply and the economy has experienced asset deflation, rising levels of unemployment, and falling corporate profits and investments.

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Jackson, James K. March 8, 1994.

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This report is part of the collection entitled: Congressional Research Service Reports and was provided by the UNT Libraries Government Documents Department to the UNT Digital Library, a digital repository hosted by the UNT Libraries. It has been viewed 67 times. More information about this report can be viewed below.

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Description

In the 1980s, Japan's economy posted strong economic growth, in
stark contrast to the more pedestrian growth other developed
economies experienced. In this period, referred to as the "bubble"
economy, Japan experienced a sharp increase in the values of land
and stocks. The fast paced growth came to a halt in 1991, however,
as the Ministry of Finance grew concerned over prospects of a
rising rate of inflation, and, accordingly, tightened the nation's
money supply. Since then, Japanese economic growth has fallen
sharply and the economy has experienced asset deflation, rising
levels of unemployment, and falling corporate profits and
investments.

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Congressional Research Service Reports

The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1960's through 2018—covering a variety of topics from agriculture to foreign policy to welfare.

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  • March 8, 1994

Added to The UNT Digital Library

  • June 11, 2005, 5:31 a.m.

Description Last Updated

  • July 11, 2020, 10:47 p.m.

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Jackson, James K. Japan's Economy: From Bubble to Bust, report, March 8, 1994; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metacrs104/: accessed August 2, 2021), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.

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