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'

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'

 

GLOSSARY

Abenomics

Shinzo Abe + economics a portmanteau word

a reaction to the Abe Cabinet I policy failure despite its Rising Tide Argument

Abenomics Arrow I

BoJ Quantitative and Qualitative Easing QQE

easing was launched 2013 to defeat deflation with CPI 2 pct Inflation Targeting

Abenomics Arrow II

fiscal stimulus budgeting to be adopted

the stimulus would help get the economy moving again and defeat deflation

Abenomics Arrow III

structural reform policies through the EFPC

ineffectual reversion to the 1986 Maekawa Report structural reform mantra

Abenomics Arrow IV

the key hidden MoF fiscal austerity schemes

Total Tax Burden to the German level by 2021 and the Swedish level by 2026

Abenomics Mark I

the original Arrows One Two Three

The Three Arrows an historical tale involving a famous 16th cent daimyo cf Mori

Abenomics Mark II

flagging Mark I given a PR policy boost

One Hundred Million Activity scheme launched 2016 to keep Abenomics alive

Abenomics Mark III

flagging Mark I + II given a PR policy boost

Productivity Revolution + Human Resources Revolution schemes from 2017

Ahonomics

play on the word Abenomics stupidonomics

aho Osaka slang for stupid as used by Noriko Hama of Doshisha University

BoJ

Bank of Japan nichigin

perceived legitimacy has been badly damaged by Abenomics Arrow One cf QQE

FILP Reform current status

MoF preservation of bureaucrat turf predominates

not Stock privatisation more a Flow Total Tax Burden push cf Abenomics Arrow IV

One Hundred Million Activity

ichioku sokatsuyaku

Abenomics Mark II push on Variety of Employment cf tayo na hatarakikata

tayo na hatarakikata

Variety of Employment employment flexibility etc

tailor made jobs breaking the casual/regular split cf Abenomics Mark II

Variety of Employment

tayo na hatarakikata employment flexibility etc

breaking the casual/regular split with contracting flexibility cf Abenomics Mark II

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