Title

Lifelong employment, labour law and the lost decade: The end of a job for life in Japan?

Date of this Version

1-1-2010

Document Type

Book Chapter

Publication Details

Citation only.

Wolff, L. (2010). Lifelong employment, labour law and the lost decade: The end of a job for life in Japan? In P. Haghirian (Ed.), Innovation and change in Japanese management (pp. 77-99). United Kingdom: Palgrave Macmillan.

Access the publisher's website.

2010 HERDC submission. FoR Code: 180118

© Copyright Leon Wolff, 2010.

ISBN

978-0-230-21667-9

Abstract

Extract: The 1990's were a 'lost decade' for the Japanese economy. The asset price bubble burst in the early 1990s. Collapsing land prices caused a spike in the number of non-performing secured loans. The financial sector was beset by high-profile collapses and consolidations. The ensuing corporate credit crunch sapped business and investment and confidence.

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This document has been peer reviewed.