Lost Decades of Japan

E83305

The Lost Decades of Japan refer to a prolonged period of economic stagnation, deflation, and slow growth following the early 1990s asset price bubble collapse.


Statements (48)
Predicate Object
instanceOf economic period
macroeconomic phenomenon
alsoKnownAs Japan's Lost Decade
Japan's Lost Decades
characterizedBy aging population challenges
balance sheet recession
banking sector problems
deflation
economic stagnation
liquidity trap conditions
low inflation or falling prices
non‑performing loans
slow economic growth
weak domestic demand
zero interest rate environment
country Japan
economicIndicator high public debt to GDP ratio
low GDP growth rate
low nominal interest rates
persistent deflation
stagnant wages
weak private investment
endTime commonly considered to extend through the 2000s
follows Japanese asset price bubble
governmentResponse bank recapitalization
financial sector reforms
fiscal stimulus packages
public works spending
hasCause Japanese asset price bubble collapse
burst of Japanese real estate bubble
burst of Japanese stock market bubble
hasConsequence corporate deleveraging
decline in asset prices
household deleveraging
increased government debt issuance
prolonged low growth expectations
mainInterestRatePolicy quantitative easing
zero interest rate policy
monetaryAuthority Bank of Japan
precededBy Japanese economic miracle
startTime early 1990s
studiedIn economic history
macroeconomics
usedAsCaseStudyFor balance sheet recession theory
deflationary spiral risk
demographic impact on growth
liquidity trap policy challenges
long‑term effects of asset bubbles

Referenced by (4)
Subject (surface form when different) Predicate
Lost Decades of Japan ("Japan's Lost Decade")
Lost Decades of Japan ("Japan's Lost Decades")
alsoKnownAs
Lost Decades of Japan ("Japanese asset price bubble")
follows
Heisei
notableEventDuringEra

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