CHRONOLOGY

1841

Tadakuni Mizuno launches Tenpo Reform of national economy a quixotic attempt to nationalise the merchants

1787

Sadanobu Matsudaira launches Kansei Reform of national economy creation of a professional bureaucracy

1716

Yoshimune Tokugawa launches Kyoho Reform of national economy beginnings of what becomes FILP 1953

 

GLOSSARY

keikaku keizai

planned economy Kishi's Manchuria I + II Plans

launched in Manchuria I 1939, launched in Japan II 1953 cf FILP, toseiha

keizai

economy

as keizai jijo economic conditions, keizai seicho economic growth

keizaisangyosho keisansho

Ministry of Economy Trade and Industry METI

MITI and EPA loss of power via Hashimoto Reform etc a warning to MoF

Koizumi Mini Bubble

BoJ monetary easing led to a buoyant economy

the BoJ money supply squeeze from March 2006 led to deflationary pressures

METI keisansho

Ministry of Economy Trade and Industry

MITI/METI switch meant a major loss of power offering a strong warning to MoF

Abenomics Arrow II

fiscal stimulus budgeting to be adopted

the stimulus would help get the economy moving again and defeat deflation

Alteuropa

old Europe of regime perpetuation

society as a family economy as a government enterprise cf Cameralism, Meiji

Flow of Funds

FoF statements shikin junkanhyo

BoJ statistics showing fund flows + fund stocks in the macro economy cf SNA

genkin

cash

heavily used as black economy is estimated at 12.5 to 25 GDP percent

Kamakura Period

the Kamakura Shogunate 1185 - 1333

the Mongols were repulsed in 1274 and 1281 but the economy was weakened

Kyushu

island South of Honshu

one of four major islands of Japan relatively buoyant economy close to East Asia

MoF fiscal austerity

fiscal consolidation via Flow not Stock

a rising Total Tax Burden squeezes both the economy and tax revenue

Back to Top