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02. Changes and new opportunities
"Lost ten years" followed by Prime Minister Koizumi's government cause changes
Japan's "bubble economy" of the 1980's a period of denial followed with hopes that share prices and real estate prices would jump back to bubble-time levels and continue their bubble-style rise. This denial was a major factor for the "lost decade" which enabled Prime Minister Koizumi to reinforce reforms of Japan's government, legal and economic structure. After the end of Prime Minister Koizumi's government the pace of reforme slowed down considerably, however was not reversed as some voices demanded. These changes create new opportunities for many parties, including industrial companies and investment funds. There are several other factors which drive change, such as the globalization of the economy and the internet - which was not planned at all by the Japanese government, but imposed on Japan as a fait-acompli.
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- JapanStrategy.com - a website about how to succeed in Japan
- JapanStrategy-blog - a blog about how to succeed, and expand business in Japan
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