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