CHRONOLOGY

2002 Takenaka appointed FSA Minister launches heavily diluted Swedish style plan to resolve major banks' NPLs

 

GLOSSARY

Swedish Pension Models Model I 1913 Model II 1946 Model III 1999 WPI renamed Employee Pension Insurance moves to Model II in the 1960s cf EPI
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
GPIF Old GPIF Government Pension Insurance Fund or nenun (i) another stage in the story of playing catch up with the Swedish Pension Models

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