Japan
the “lost generation” (ushinawareta sedai)

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"I felt I was being excommunicated from the *shin jin rui*
-- that's what the Japanese newspapers call people
  like those kids in their twenties at the office -- *new human beings*. It's hard to explain. We have the
  same group over here and it's just as large, but it doesn't have a name -- an *X* generation -- purposefully
  hiding itself. There's more space over here to hide in -- to get lost in -- to use as camouflage. You're not
  allowed to disappear in Japan."(Douglas Coupland, Generation X)

"Generation X in Japan"

"Japan’s Generation X is known by a different name, but as a marker of youth’s uncertainty towards their future, arising in part from changes in the global economy and a withered social safety net, the resonance is clear. In Japan, the generation born between 1970-86 has been called the “lost generation” (ushinawareta sedai). The loss here refers to the “lost decade” starting in the mid-nineties, when Japan went into a recession following the boom years of the “bubble economy,” and still, two decades later has yet to return to strong growth."

~ Ian Condry, Excerpt from Generation X Goes Global

Ian Condry. A cultural anthropologist and associate professor at the Massachusetts Institute of Technology in Comparative Media Studies.  He is author of Hip-Hop Japan:  Rap and the Paths of Cultural Globalization (2006, in Japanese 2009) and a forthcoming book called The Soul of Anime:  Collaborative Creativity and Japan's Media Success Story.  His research explores how cultural movements go global, even without the push of governments or major corporations.  More info: http://iancondry.com