Re: Japanese bubbles

What I see from Paul’s viewpoint is the reaction what we have seen. In the class I referred Kenichi Ohmae’s book The Boarderless world (Publisher Harper Collins : 1990) which predicted the same fall. Kenichi argued that Japanese corporations created this trap by playing on the cost conscious idealogy. In his book he clearly correlates [...]

Written on April 29, 2004 | Posted in Blog | No comment

Nokia price cut back

Also (I’ve obviously got little else to do but publish stuff on bloggers) -
FT page 1 – ‘Nokia cuts prices to grab back lost market’ – interesting article relating to last nights lecture.
Reads like a case study – should Nokia lower prices and gain back market share – or keep them the same and hold [...]

Written on April 29, 2004 | Posted in Blog | No comment

Japanese bubbles

Dear all,
a question relating to Paurav’s points relating to the Japanese economic collapse. My understanding is that it was caused by interest rate hikes following years of boom and asset price inflation. The crash was so great that banks and companies bad debt led to mass bankruptcy and hit individuals very hard in terms of [...]

Written on April 29, 2004 | Posted in Blog | No comment