This paper examines how and why the Japanese savings rate changed over the course of the twentieth century.
Written in 2005; 2,925 words; 1 sources; $ 115.95
Paper Summary:
The paper focuses specifically upon Japan's savings rates over the past several decades and examines what factors have allowed the Japanese to save money while other peoples in other lands, in some instances very wealthy lands, have been unable to do the same. In particular, the paper looks at the culture of frugality that has long existed in Japan, as well as the governmental decisions which were taken at the end of the Second World War and for years after, which allowed Japanese citizens to build up extraordinary personal capital.
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