The Bubble Economy: Japan's Extraordinary Speculative Boom Of The '80S And The Dramatic Bust Of The '90S
The Bubble Economy tells the story of the greatest failure of Japanese economic management since 1945. In the second half of the 1980s Japan's financial madness and arrogance centered on a booming stockmarket and rocketing land prices, which dragged the solid manufacturing economy into a whirlwind of outrageous speculation. Then the boom when spectacularly bust, leaving in its wake a withered stoc...
Paperback: 224 pages
Publisher: Solstice Publishing (December 15, 2005)
Product Dimensions: 5 x 0.5 x 8 inches
Amazon Rank: 717755
Format: PDF Text djvu book
- 9789793780122 epub
- 978-9793780122 epub
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“This book finally explained to me the house of cards built by Japan financial system back in the '80s. If anything similar hasn't happened to other countries in our days is simply because the intervention of Central Banks these days are meant to supp...”
market, crashing land prices, mountains of bad loans, an economy in recession, and a slew of political and financial scandals, graphically exposing the seedy underbelly of Japan's feudal finance system. The Bubble Economy reveals how Japan is spending the first half of the 1990s paying off these excesses in a process that threatens the world's economies with dire consequences, and questions many of the myths built up around Japanese management, pointing to levels of incompetence never before thought possible.
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