Chronology

2017 Abenomics Mark III and a proposed Article 9 Para (iii) recognition of the SDF on a tight amendment timetable
2016 Abenomics Mark II to counter MoF austerity and to assist achieving Kishi Objective Two 'Our own constitution'
2015 Abe Cabinet re-interprets Article 9 to achieve Kishi Objective One 'Our own army' an Abe Entourage project
2014 Consumption Tax raised to 8 pct under MoF's 'Arrow Four' fiscal austerity scheme a sharp brake on Abenomics
2013 Abenomics Mark I Arrow One 'monetary easing' Arrow Two 'fiscal stimulus' and Arrow Three 'structural reform'
2012 Abe returns as PM and launches a flurry of diplomatic activity as Kishi Objective Three 'Our own diplomacy'
2011 Great East Japan Earthquake a forecast repeat of the Jogan Earthquake 869 Tepco had ignored the forecast
2010 DPJ proves incompetent in government with three short term PMs voted out of office in General Election 2012
2009 Three short term LDP PMs and a string of problems leads to General Election 2009 with a landslide to the DPJ
2008 US Credit Crisis launched by Lehman Brothers bankruptcy highlights casual employment problems in Japan
2007 Pension Records Scandal hits Cabinet support ratings and PM Abe incapacitated by ulcerative colitis resigns
2006 BoJ squeezes the monetary base to close off the Koizumi Mini Bubble but with deflationary consequences
2005 Major banks' NPL Exposure pct halving target set in 2002 met as of March a notable Heizo Takenaka success
2004 Trust Business Act amendment re-introduces trust company incorporation after the 61 year gap since 1943
2003 Banking Crisis contained under BoJ + FSA co-operation and Takenaka manages the IMF FSAP successfully
2002 Takenaka appointed FSA Minister launches heavily diluted Swedish style plan to resolve major banks' NPLs
2001 Ex MoF Yanagisawa fails to postpone IMF FSAP and manage FSA warehousing of MoF's NPL roll forward
2000 FSA predecessor FRC reports having employed JPY7.8tr over 1998 - 2000 to recapitalise failed banks
1999 FSA predecessor FRC reports injecting JPY8.3tr in 1998/99 into the major banks' equity 'at their request'
1998 Hashimoto's ad hoc Sazanami Committee haphazardly injects JPY1.8tr into major banks 'at their request'
1997 Hokutaku failure LGB market concerns 1998 and Sapporo City makes an IR presentation in Tokyo 1999
1996 Jusen Scandal Government injects JPY0.7tr to recapitalise the 'nokyo keito' banks amid a wave of criticism
1995 MoF realises private + public sector NPLs continue to snowball FILP + Local Government Reform launched
1994 Reform and Lower House adopts Bundestag features + PM empowerment enacted 1998 effective as of 2001
1993 LDP loses Lower House majority and the unwieldy 8 party Hosokawa Coalition Cabinet launched but quickly fails
1992 Auditors' reservations on banking NPLs reportedly indicated 'inappropriate' by MoF given roll forward scheme
1991 Kiichi Miyazawa ineffectually draws attention to the NPL problem at the LDP Karuizawa Summer Conference
1990 Credit Bubble 1986 - 1990 ended by forceful Bundesbank style Mieno at BoJ MoF activates NPL roll forward
1989 Heisei Era 1989 - reign of the current emperor Akihito maybe to rediscover the Taisho Era good old days again
1988 Basel Accord for 'International Convergence of Capital Measurement and Capital Standards' the BIS 8 pct
1987 Wall of Japanese Money hits overseas markets creating loose bank lending and a wave of frenetic M&A
1986 Strong JPY forex impact countered by easy money and launch of the Credit Bubble with massive asset inflation
1985 Plaza Accord depreciation of USD to regulate the forex instability launched by the Nixon Shock of August 1971
1984 Ex MoF bureaucrat Sumita appointed BoJ Governor notably replaced by the BoJ puropa Mieno in late 1989
1979 Second Oil Crisis delays response to the end of Manchuria II Allfinanz + Tax Reform launch delayed to 1985
1973 First Oil Crisis Manchuria II Plan ends PM Tanaka's 'Remodelling Japan' infrastructure construction burden
1972 Okinawa returns to Japanese sovereignty with Senkaku Islands disputed but under effective Japanese control
1971 Henry Kissinger/Chou Enlai Discussions preparing for Nixon Peking visit horse trading over territorial claims
1961 Park 1917 - 1979 trained in Manchuria 1942 - 1944 launches the Korean version of Manchuria II Plan
1955 Economic recovery + export-led growth via Manchuria II Plan under GATT termed an 'economic miracle'
1953 FILP Budgets as 'government expenditure without taxation' launch a co-ordinated infrastructure reconstruction
1952 Manchuria II Plan of co-ordinated post War recovery with minimum resort to forex loans via FILP JPY funding
1951 San Francisco Peace Treaty and end of Occupation 1952 with a selective undoing of GHQ reforms launched
1947 Cold War GHQ switch from social reform to economic policy and bureaucrats pinpoint key production targets
1945 USSR's overwhelming invasion of Manchuria decides a quick and clean surrender to the preferable US forces
1943 Joint Operations Act forces trust companies into banks GHQ enforces for 7 major zaibatsu stragglers in 1948
1941 US embargo of strategic materials consequent Japanese attack on Pearl Harbor and opening of Pacific War
1940 Extension of China Invasion into SEA threatens European colonies and creates diplomatic friction with the US
1939 Manchuria I Plan launched Kishi returns to Japan as Vice Minister Ministry of Commerce then Minister in 1941
1937 Piecemeal expansion in Manchuria leads to Marco Polo Bridge Incident the disastrous invasion of China proper
1936 Nobusuke Kishi transfers to Manchuria and starts drafting a 'Manchuria I Plan' based on a German 1920s Model
1932 Korekiyo Takahashi monetises 20 GDP percent of debt for fiscal stimulus and its demonetisation made by 1935
1931 Manchurian Incident engineered near Shenyang to occupy Manchuria state of Manchukuo established in 1932
1929 Wall Street Crash and Great Depression means collapse in demand for silk leading to great rural poverty
1928 Stalin's Five Year Planning 'socialism in one country' launched industrialisation at Magnitogorsk, Uralmash etc
1927 Showa Financial Crisis banking regulation moves from BoJ to MoF and MoF's 'convoy system' launched
1926 Showa Era 1926 - 1989 Enlightened Peace a series of crises disasters rapid growth and then prosperity
1923 Great Kanto Earthquake and post War depression impacts rolled forward by BoJ easy money policy until 1927
1921 Trust Act + Trust Business Act to regulate trust business 488 trust companies quickly reduced to 27 by 1922
1919 Sir Halford Mackinder 1861 - 1947 publishes his 'Heartland Theory' book giving geopolitical value to Manchuria
1912 Taisho Era 1912 - 1926 Great Righteousness First World War import substitution + export demand create wealth
1908 Karl Haushofer 1869 - 1946 posted to Tokyo by German Army travels in Asia and his geopolitics influence Japan
1906 Ito appointed Resident General of Korea Ito assassinated in 1909 Korea formally annexed by Japan in 1910
1905 Railway concession in Manchuria leads to trade penetration weakly independent Korea occupied piecemeal
1904 War with Russia over Korea defeat of Russia Treaty of Portsmouth 1905 limited concessions received
1900 Despite being a civil code jurisdiction IBJ Act includes trust business first legal use of term 'shintaku' or trust
1894 War with China over Korea defeat of China Treaty of Shimonoseki 1895 Korea independent Taiwan ceded
1890 Noburu Kanai 1865 - 1933 returns from Berlin and promotes Listian Economics as a Tokyo University Professor
1881 Okuma vs Ito clash on merits of the British vs Prussian model and a Prussian constitution promulgated in 1889
1868 Meiji Era 1868 - 1912 modernisation railways 1872 constitutional government 1890 commercial code 1899 etc
1867 Tokugawa Bakufu in collapse Meiji Restoration staged by modernising samurai Edo renamed Tokyo 1868
1861 American Civil War 1861 - 1865 weakens US influence although on Iwakura Mission itinerary 1871 - 1873
1853 Perry seeking provisioning of whaling ships ends Japan's closure Harris negotiates commercial treaty 1858
1841 Tadakuni Mizuno launches Tenpo Reform of national economy a quixotic attempt to nationalise the merchants
1798 Toshiaki Honda publishes 'Secret Proposals on Political Economy' Japan should copy the English trade model
1787 Sadanobu Matsudaira launches Kansei Reform of national economy creation of a professional bureaucracy
1716 Yoshimune Tokugawa launches Kyoho Reform of national economy beginnings of what becomes FILP 1953
1635 Foreign trade restricted to Nagasaki, country closed and daimyo made subject to control by 'alternate residence'
1600 Ieyasu Tokugawa wins at Sekigahara, appointed Shogun by Emperor 1603 and Edo Period 1603 - 1868
1542 Portuguese arrive with firearms and Christianity Spanish/Dutch arrive later warlordism disorders exacerbated
1333 Kamakura Bakufu in collapse, Takauji Ashikaga appointed Shogun and 1338 Muromachi Period 1338 -1573
1274 Mongol first invasion suffers logistics problems second invasion 1281 hit by a providential typhoon 'kamikaze'
1185 Minamoto Clan clearly predominant Yoritomo Minamoto given title of Shogun 1192 Kamakura Period 1185 - 1333
794 Heiankyo (Kyoto) seat of the Emperor 794 - 1868 and hence origin of the Heian Period 794 - 1185 naming
784 Emperor Kanmu moves seat from Nara to Nagaokakyo for river transport but floods lead to a move to Kyoto 794
720 Chronicle of Japan 'nihongi' collated detailing imperial reigns from 660 BC as determined by Taoist numerology
712 Myths of Ancient Matters 'kojiki' collated describing the foundation of Japan and origins of the Imperial Family
710 Heijokyo (Nara) seat of the Emperor is closely modelled on the Tang Dynasty Chang'an Nara Period 710 - 794
645 Great Reform 'taika' elevated Yamato kings to emperors on a centralising Chinese 'Decree of Heaven' model
601 Prince Shotoku reforms later used to decide Japan's foundation as being 660 BC (= 601 - (60 x 21 +1)) in 720
538 Buddhism enters Japan from Baekje one of the three Kingdoms of Korea launching Asuka Period 592 - 710
c 400 Confucianism enters Japan from Baekje with Buddhism it forms the basis of the government reforms from 601
c 400 Taoism enters Japan with a Yin Yang Ministry being established for calendar and divination purposes 685
c 250 Local monarchies compete reducing down to the Yamato court in Nara during the Kofun Period c 250 - c 650
57 King of Na pays tribute to Emperor Guangwu and receives a gold seal found in 1784 it is a National Treasure
c 300 BC Paddy rice techniques of the Yayoi Culture create a population growth largely displacing the Jomon Culture
660 BC The first Emperor Jimmu's accession dated to 11 Feb 660 BC as the mythical descendent of the Sun Goddess
c 1,000 BC Influx of Yayoi agriculturists from the continent starts with paddy rice techniques later being introduced c 300 BC
c 14,000 BC Jomon 'Cord Marks' Culture launched and hunter gatherers begin to make a characteristically marked pottery

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