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Publication date: 1 January 1994

Takatugu Nato

Worldwide economic atmosphere smells ominous to us. Talks of bad business and recession are frequent on every paper and magazine, and such new words as “Heisei depression” and…

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Abstract

Worldwide economic atmosphere smells ominous to us. Talks of bad business and recession are frequent on every paper and magazine, and such new words as “Heisei depression” and “combined depression” are popular now in Japan. Innumerable books which foretell the coming of economic panic are piled on the shelves of booksellers. For all these, however, most people seem to be quite immune yet to such a severe recession. What should we think about it? Particularly young people are not in the position to feel weak business itself. The explosion of “bubble prosperity” may have narrowed their ways to business course, yet they still have their pocket money, and goods abound around them in markets. Travelling abroad is also easy for them.

Details

Humanomics, vol. 10 no. 1
Type: Research Article
ISSN: 0828-8666

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