CHRONOLOGY

2008 US Credit Crisis launched by Lehman Brothers bankruptcy highlights casual employment problems in Japan
2003 Banking Crisis contained under BoJ + FSA co-operation and Takenaka manages the IMF FSAP successfully
1979 Second Oil Crisis delays response to the end of Manchuria II Allfinanz + Tax Policy Reform launch delayed to 1985
1973 First Oil Crisis Manchuria II Plan ends PM Tanaka's 'Remodelling Japan' infrastructure construction burden
1927 Showa Financial Crisis banking regulation moves from BoJ to MoF and MoF's 'convoy system' launched
1926 Showa Era 1926 - 1989 Enlightened Peace crisis, disaster, rapid growth and then 'economic miracle' prosperity

 

GLOSSARY

banking crisis resolution cost being 5 GDP percent or more much FSA study of classic Nordic Two cf Finland, Sweden, sakinobashi
Finland classic banking crisis of early 1990s crystallised NPLs 15 GDP percent and 20 loan book percent cf Sweden
Sweden classic banking crisis of early 1990s crystallised NPLs 10 GDP percent and 20 loan book percent cf Finland
PPM price par multiple corporate crisis indicator failing syndrome below 2 failed syndrome below 1

Back to Top