Reviving Japan's Economy: Breaking Free of 3 Decades of Stagnation: Three "lost" decades of economic stagnation since the collapse of Japan's bubble era have fundamentally altered the country's global image, and spawned the term "Cheap Japan." What will it take to truly revive Japan's economy once again? In a rapidly changing world, the question of how the globe's third largest economy can avoid being left behind is perhaps more pertinent than ever. Drawing on both expert guidance and in-depth analysis of a wide range of available data, we hunt for clues that might point the way to Japan's ever-elusive economic renaissance.