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 |