Class 2: Asian Pacific Region Overview Class 3: Brief History Class 4/5: Asia Pacific Development Model Class 6: Japan’s Lost Decades Class 7: Japan’s Lost Decades (b) Firms started using external sources, firms were using profits and reinvesting instead of borrowing Banks lost customers within keiretsu, started giving companies that they didn’t do due diligence on, gave bad loans -> excessive credit, prices of land kept rising (used land as collateral, traded and bought land instead of doing…
Words 1344 - Pages 6