The Causes of Japanese Economy's Loss of Ten Years
Zhang Xiu
Abstract
Zhang Xiu
Abstract
Wonders were witnessed in Japanese economy in 1960s, whose international economic status reached its peak in 1980s. However, unexpected great changes occurred in Japanese economy, which fell into serious recession in 1990s. These changes have greatly affected the global economy as a whole, especially as China's economy is concerned. Therefore, an in-depth study of the changes of Japanese economy will provide significant guidance for the development of the economy of China.
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Wonders were witnessed in Japanese economy in 1960s, whose international economic status reached its peak in 1980s. However, unexpected great changes occurred in Japanese economy, which fell into serious recession in 1990s. These changes have greatly affected the global economy as a whole, especially as China's economy is concerned. Therefore, an in-depth study of the changes of Japanese economy will provide significant guidance for the development of the economy of China.
Key concepts: Fell, China, Recession, Economics, Chinese economy, Economy, Post-industrial economy, World economy