Toward a Welfare-Oriented Society: Some Lessons from Rapid Economic Growth and the Bubble Economy



This chapter deals with some lessons from rapid economic growth and the bubble economy. After World War II, economic growth was one of Japan’s focal points: The country sought to rebuild its ruined national economy, solve its unemployment problems, and boost its growth performance standing between the Western and Eastern Blocks (for developing countries paid attention to the performance between the two economic systems). In this context, countries vied with each other to have superior economic growth, which signified political success. In the early stages, Germany and Italy and then Japan became highly successful economic growth stories and were often called economic miracles.


Real Estate Social Indicator Japanese Economy Real Estate Price Capital Loss 
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Copyright information

© Springer Science+Business Media, LLC 2010

Authors and Affiliations

  1. 1.St. Andrew’s University (Momoyama Gakuin University)OsakaJapan

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