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What Has Japan Been Through During the Last Three Decades?
Professor Motohiro Sato is an economist at Hito Subashi University. He has lived through what the Japanese call their lost decades, which began with that stock market crash at the end of the 1980s. Efforts to escape from this long period of stagnation have, for the most part, proved vain. And he argues that it had a profound impact on younger generations.