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