Films for the Humanities and Sciences - Japan's Economy: Bursting the Bubble

Japan’s Economy: Bursting the Bubble

In this program, noted correspondent Paul Solman inquires into how Japan’s star economy fizzled out—and why America deceived itself regarding Japan Inc. Seth Sulkin, President of Pacifica Corporation; Professor Yoshi Tsurumi; and investment banker Eugene Dattle present crony capitalism, flawed financial institutions, a dearth of skilled public regulation, and Yakuza involvement as factors that led to bursting Japan’s economic bubble. But not all pundits repudiate their earlier opinions: Ezra Vogel, author of Japan as Number One, and MIT professor Paul Krugman defend their past assessments of Japan’s economy. (12 minutes)

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Item#: BVL9248
Copyright date: ©1999
DVD ISBN 978-1-4213-3180-5


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