Dreams of economic transformation and the reality of economic crisis in Japan: Keidanren in the era of the 'bubble' and the onset of the 'lost decade,' from the mid-1980s to the mid-1990s

Dreams of economic transformation and the reality of economic crisis in Japan: Keidanren in the era of the 'bubble' and the onset of the 'lost decade,' from the mid-1980s to the mid-1990s
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DOI:
10.1080/13602381.2011.561651
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发表时间:
2012-01-01
影响因子:
2.9
通讯作者:
Fletcher, W. Miles, III
Fletcher, W. Miles, III
中科院分区:
管理学4区
文献类型:
--
作者:
Fletcher, W. Miles, III

文献摘要

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本研究考察了1990-2003年日本臭名昭著的“失去的十年”的发展动态。这次经济衰退标志着40年强劲经济增长的结束,至今仍在影响着日本经济。虽然以往的研究主要集中在政府政策上来解释日本对这场危机反应迟缓的原因,但日本企业界的态度值得更多关注。例如,日本大企业的强大代表--经济团体联合会的领导人定义了日本在20世纪80年代末面临的一系列经济挑战,以及新自由主义的解决方案,这些解决方案使他们对当时形成的经济泡沫及其随后的崩溃的重要性视而不见。从那时起,经济团体联合会为重振日本经济开出的药方基本上保持不变。
This study examines the dynamics of the development of Japan's notorious 'lost decade' from 1990-2003. This economic downturn marked the end of four decades of strong economic growth and is still affecting the Japanese economy today. While previous studies have focused on government policies to explain the nation's slow response to this crisis, the attitudes of the Japanese business community merit more attention. For example, the leaders of Keidanren, the powerful representative of big business in Japan, defined a set of economic challenges facing Japan in the late 1980s and neoliberal solutions that blinded them to the significance of the economic bubble that developed at that time and its subsequent collapse. Since then, Keidanren's prescriptions for reviving the Japanese economy have remained essentially the same.