Micro Actions, Macro Results: The Japanese Economic Bubble: A Management View, Matthew M. Amano


Micro Actions, Macro Results: The Japanese Economic Bubble: A Management View By Matthew M. Amano ABSTRACT A rapid economic expansion took place in Japan in the later half of the 1980s. It became a major economic bubble that had burst by the beginning of the 1990s. Over ten years have passed since the burst, yet the Japanese economy continues to be in a deep trough. Why was this economic bubble allowed to grow to its ultimate explosion? In what did individuals believe? What motivated them to speculative investment activities that eventually doomed them? Why is it taking so long to have the Japanese economy recover? A review of the bubble mechanism and the economic dynamics that occurred in Japan from the mid-1980s to the present will be made from a management perspective. View Economies in Transition Session

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