Scenarios about 'lost decades'
The period of economic stagnation experienced by Japan following the collapse of its asset price bubble in the early 1990s, characterized by deflation, low growth, and declining competitiveness. This prolonged economic malaise shattered Japan's image as an unstoppable economic powerhouse and fundamentally altered its social dynamics, with many alternate history scenarios exploring how different monetary or fiscal policies might have prevented or shortened this period of stagnation.
What If Japan's Keiretsu System Was Reformed Earlier?
Exploring the alternate timeline where Japan's powerful business conglomerates underwent significant structural reforms in the early 1980s, potentially averting the lost decades and reshaping the global economic landscape.
What If Japan's University-Industry Collaboration Was Stronger?
Exploring the alternate timeline where Japan developed robust university-industry partnerships in the 1980s, potentially transforming its economic trajectory and global technological leadership into the 21st century.