CHRONOLOGY

1984 Ex MoF bureaucrat Sumita appointed BoJ Governor notably replaced by the BoJ puropa Mieno in late 1989

 

GLOSSARY

puropa proper new employees hired on graduation full sarariman eligible for promotion ladder vs chuto saiyo cf shokutaku
chuto saiyo midway hire of non mainstream employees ineligible for promotion in shushin koyosei but this is now changing vs puropa cf shokutaku
doitsuha Deutsche Schule German faction members notably strong as BoJ puropa cf Ordoliberalism, puropa
nenkojoretsu according to years of seniority sarariman salary progression according to years served in company cf puropa
shokutaku contract employee typically one year renewable employer avoiding welfare costs vs puropa cf shokutaku

Back to Top