Economic History of Japan - Timeline

Timeline

  • Foundation of Tokugawa Shogunate : beginning of early modern industrialization
  • Meiji Restoration : beginning of industrialization
  • The World War II : controlled economy during the war
  • End of the World War II : beginning of the way to an economic power state
  • April 25, 1971 : End of the Gold Standard.
  • September 22, 1985 : Plaza Accord.
  • December 26, 1989 : Nikkei 225 average peaks at 37,189
  • 1990s : "The Lost Decade", as it is known in Japan, is the time after Japan's economic bubble collapsed. The Nikkei 225 stock index eventually bottomed out at 7603.76 in April 2003, moved upward to a new peak of 18,138 in June 2007, before resuming a downward trend.
  • July 1997: Start of the Asian financial crisis which caused several companies including Nissan Mutual Life Insurance and Yaohan to go bankrupt.
  • Post 2000, Bank of Japan begins quantitative easing strategy.
  • The Aftermath of the 2011 Tōhoku earthquake and tsunami had far reaching economic consequences.

Read more about this topic:  Economic History Of Japan