Japanese Post-war Economic Miracle - Conclusion

Conclusion

The period of growth came to an end with the bursting of the Japanese asset price bubble in 1991. This was followed by the "Lost Decade" (1991–2000).

Also, the conclusion of the economic miracle is consistent with the conclusion of the Cold War. The conclusion of the Japanese asset price bubble is consistent with the year which occurred the Gulf War and the dissolution of the Soviet Union.

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