The Japanese Bubble Economy

2021 ◽  
pp. 27-47
Keyword(s):  
2012 ◽  
Vol 6 (2) ◽  
pp. 187-209 ◽  
Author(s):  
Toshiya Ueno

Revisiting Guattari's visits to Japan in the 1980s during the country's ‘bubble economy’, this paper investigates from a personal perspective the Radio Homerun mini-FM station as well as other stops on Guattari's Tokyo ‘pilgrimage’. Guattari's reception and influence in Japan is contextualised through the writer Kõbõ Abe and philosopher Kiyoteru Hanada, in addition to the groundbreaking work of Tetsuo Kogawa, against the backdrop of the rise of postmodernism. Similarities between Guattari's sense of Japan and Brazil are then broached.


2017 ◽  
Vol 51 (3) ◽  
pp. 939-964 ◽  
Author(s):  
DANIEL MCKAY

During the years of Japan's “bubble” economy, writers and artists in the United States became increasingly susceptible to “Japan-bashing,” a discourse that objectified Japanese for their trade practices, overseas purchases, and tourist presence. In the following article, I draw upon a range of cultural texts, from Truman Capote's novellaBreakfast at Tiffany'sto Michael Crichton's novelRising Sun, in order to investigate how the trope of the camera-toting Japanese expatriate encapsulated the fears of the era. I then move to explore the ways in which Japanese Americans negotiated these tropes in their writings, paying particular attention to Ruth Ozeki's novelMy Year of Meats. I hypothesize that Japanese Americans remained aware of the phenomenon of “Japan-bashing” throughout the era, yet did not confront it in a sustained fashion. Instead, tropes were either dismissed out of hand or, as in Ozeki's case, incorporated into a narrative before undergoing a process of gradual dismantlement.


2012 ◽  
Vol 71 (2) ◽  
pp. 319-331 ◽  
Author(s):  
Yoshimi Shun'ya ◽  
Shi-Lin Loh

With the earthquake of March 11, 2011, and the expanding nuclear disaster that followed, our “affluent postwar” has finally reached a decisive end. Indeed, this closure had been clearly augured since the 1990s. The collapse of the bubble economy, the close of an era of single-party rule by the Liberal Democratic Party, and the Great Hanshin-Awaji Earthquake and Aum Shinrikyō sarin gas attacks that came in rapid succession in 1995—these events forced upon us the reality that the “affluent postwar” was over.


2009 ◽  
Vol 6 (4) ◽  
pp. 28-39
Author(s):  
Hidetaka Aoki

This paper analyzes the effects of firm performance and governance factors on the decrease in diversification of Japanese firms in the 1990s. We focus on the cases of the decrease in diversification, because many previous studies proved that diversification caused firm value discount. Adjusting an excessive unrelated diversification would be an important topic, because the problems of low synergy between business units, inefficiency in management and so on were more serious in this type of diversification. The findings of this study are as follows. In the first half of the 1990s, immediately after the collapse of bubble economy, lower firm performance and main bank relationship encouraged firms to decrease the level of diversification of their businesses. On the other hand, in the latter half of the 1990s when the decrease in diversification itself was activated, higher performing non-manufacturing firms and manufacturing firms with lower profitability but facing higher growth in their main business tried to decrease diversification in order to strengthen the competitiveness in main businesses. Also, this kind of decrease in diversification was supported by the governance characteristics such as insider majority smaller boards of directors and the pressure from capital market.


2022 ◽  
pp. 71-91
Author(s):  
Jusuke J. J. Ikegami

In Japan, the most prominent players in business education are corporations because they provide on-the-job training to their employees, particularly new graduates. However, with the low growth of the Japanese economy after the collapse of the bubble economy around 1990 and the recent drastic changes in the international environment, it is necessary to reexamine business education. To cope with the drastically changing environment, many Japanese companies are evolving their education model to emphasize off-the-job training in addition to on-the-job training. The main target of such training now includes senior executives, in addition to junior- to mid-level executives. Business schools play a role in educating senior executives. Although major Japanese companies utilize top business schools overseas, Japanese business schools are still the major education providers. This chapter discusses the recent changes, prospects, and issues concerning Japanese business schools.


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