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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