Professor Takeo Hoshi of Stanford University gives this lecture titled 'Why did Japan stop growing?' on 28 March 2013. This lecture was presented by the Australia-Japan Research Centre and the Centre for Applied Macroeconomic Analysis in the ANU Crawford School.Takeo Hoshi is Henri and Tomoye Takahashi Senior Fellow at the Walter H. Shorenstein Asia-Pacific Research Centre at Stanford University and Professor of Finance at Stanford Graduate School of Business. Before he joined Stanford University in 2012, he was Pacific Economic Cooperation Professor in International Economic Relations at the Graduate School of International Relations and Pacific Studies (IR/PS) at University of California, San Diego (UCSD), where he conducted research and taught on the Japanese economy for 24 years. He is also Research Associate at the National Bureau of Economic Research (NBER) and at the Tokyo Centre for Economic Research (TCER).