Advanced economies risk slipping into Japan-style 'lost decade'

Lessons from the lost decade

japan-traders
Recession fears: the West must learn from Japan's mistakes in the 1990s

Fears of a double-dip recession in advanced economies are giving way to concerns over a less spectacular, but potentially more damaging scenario: a prolonged period of stagnant growth, severe unemployment and deflation, similar to that experienced by Japan in the 1990s.

After an unprecedented period of strong growth in Japan – the so-called “economic miracle” that began in the 1950s and continued for the next three decades – the country’s juggernaut economy finally ground to a halt in 1989. The

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: