The Bubble Economy and the Lost Decade: Learning from the Japanese Economic Experience

This paper presents a concise overview of Japan’s economic development since World War II, with a particular emphasis on the speculative boom of the 1980s known as the “bubble economy” and the subsequent period of economic stagnation known as the “Lost Decade.” The essay is largely descriptive. It provides an historical contextualization and interdisciplinary synthesis accessible to readers from a wide range of backgrounds, including those with limited formal expertise in economics.