The economic history of Nihon koku (Japan)
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- Of Debtors and Creditors
- By Henry C.K. Liu, 13 April 1999. Japan has been unable to
utilize its abundant sovereign credit to back its private
investment needs. As a result, Japan looks to international
capital (mostly from the US), money that really belongs to
Japan.
- Terraced rice fields on the decline
- By Satoru Yamamoto, Mainichi Shimbun,
Thursday 8 July 1999. Many terraced rice fields that adorned
the nation's countryside for centuries are no longer
used for cultivation and have become ruined through
disuse. But their benefits are being re-examined by a group
of specialists in Tokyo who are calling on people to protect
the narrow strips of land to make them tillable once
more.
- Land prices tumble for 7th straight
year
- Mainichi Shimbun, Thursday 5
August 1999. The nation's average land prices fell for
the seventh straight year last year, tumbling under the
weight of the recession and selling by companies. The
nation's economy is still suffering from the
aftereffects of the bursting of the speculation-driven,
asset-inflating
bubble
economy in the early 1990