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Growth created problems as well as profits and imposed some wrenching adjustments after the world economic crises of 1973 and 1979. Nonetheless, Japanese society steadily assimilated the benefits of affluence, Allinson argues. Until worldwide recession drew Japan into a severe economic downturn in the late 1980s, it continued to adapt to the social and political demands of a rich nation enmeshed in a global economy.
By the mid1990s, Japan had reached the end of a cycle of historical change. Plagued with uncertainty and striving to find a formula for regeneration, Japan once again found itself confronting the dilemmas of inequality, instability, and insecurity.
Author BioRGary D. Allinson is Ellen Bayard Weedon Professor of East Asian Studies at the University of Virginia. He is the author of Political Dynamics in Contemporary Japan (also from Cornell), The Columbia Guide to Modern Japanese History, Suburban Tokyo, and Japanese Urbanism.
240 pages, Paperback
First published April 1, 1997