While the Nikkei reaches the highest value on December 31, stock prices started rising sharply in January. The Government has increased interest rates five more times before August 1990, to try and prevent the increase of property prices. But because the Nikkei keeps falling, it was forced to intervene in a futile effort to try and revive the market and prevent recession. Throughout the 1990s, Japan experienced a slower development than any other major industrial nation
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