Title: Lost Decade Definition
Headings: Lost Decade
Lost Decade
What Is the Lost Decade?
Key Takeaways
Understanding the Lost Decade
The Lost Decades
What Caused The Lost Decade?

Content: From 2011 to 2019, Japan's GDP grew an average of just under 1.0% per year, 2 and 2020 marked the onset of a new global recession as governments locked down economic activity in reaction to the Covid-19 pandemic. Together the years from 1990 to the present are sometimes referred to as Japan's Lost Decades. The pain is expected to continue for Japan. According to research from the Federal Reserve Bank of St. Louis, recent growth rates imply that Japan's GDP will double in 80 years when previously it doubled every 14 years. 3
What Caused The Lost Decade? While there is some agreement on the events that led up to and precipitated the Lost Decade, the causes for Japan's sustained economic woes are still being debated. Once the bubble burst and the recession happened, why did it extend into an entire Lost Decade? ( Or two? Or three?!) Demographic factors, such as Japan's aging population, and the geopolitical rise of China and other East Asian competitors may be underlying, non-economic factors.