Multimedia Collection

The Japanese Economic Bubble

40 minutes
HC462.9 .J3288 1993a DVD

The frenetic growth of the Japanese economy in the 1980s fueled an explosion in share and property prices; share prices rose four-fold in four years, and at one point property prices were so high that, in theory at least, the entire landmass of Canada could have been bought by selling the ground of the Imperial Palace. Then the bubble burst. This program explores the basis of Japan's postwar economic success, how the consensus of its shared culture broke down in the boom years, how Japanese society and the Japanese economy have changed forever, and how the country must now adapt to lower growth in a mature economy that is moving closer to the Western model.

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Business & Economics

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