在80年代末,日本出现了泡沫经济,90年代以来日本饱尝了泡沫经济的恶果。因此,总结泡沫经济的经验和教训极为必要,本文以日本为例,从理论上探索泡沫经济的界定,分析泡沫经济的成因及其后果。泡沫经济的界定和表现泡沫经济这个概念源于英国。18世纪英国兴起了大办公司热。不少公司通过虚假宣传,大获其利。其中有一家南海公司,它成立于1711年。该公司经营南美奴隶贸易和捕鲸业务,通过虚构 In the late 1980s, Japan experienced a bubble economy and Japan suffered from the bubble economy since the 1990s. Therefore, summing up the experience and lessons of the bubble economy is extremely necessary. This paper takes Japan as an example, explores the definition of the bubble economy theoretically, and analyzes the causes and consequences of the bubble economy. Definition and performance of the bubble economy The concept of bubble economy originated in the United Kingdom. In the eighteenth century Britain rose in great office. Many companies through false propaganda, greatly benefit. Among them is a Nanhai company, which was founded in 1711. The company operates the South American slave trade and whaling operations through fictitious