CHRONOLOGY

2006 BoJ squeezes the monetary base to close off the Koizumi Mini Bubble but with deflationary consequences

 

GLOSSARY

Koizumi Junichiro 1942 - reformist PM 2001 - 2006 JP privatisation etc also pushed Takenaka/Takahashi work on their Flow + Stock debt reduction plan
Koizumi Mini Bubble BoJ monetary easing led to a buoyant economy the BoJ money supply squeeze from March 2006 led to deflationary pressures
Pension Reform 2004 a Koizumi Cabinet fudge to cope with the demographics the slogan was 'making pensions safe for 100 years' and no offer of Sweden III
Takenaka Heizo 1951 - held several key Koizumi Cabinet ministerial posts Takenaka Debt Action Plan 2005 - 2020 legislated as Small Government Act
doshusei Länder System regional subsidiarity Koizumi Cabinet failed attempt to promote the consolidation of the prefectures

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