Hayato Ikeda in the context of "Eisaku Satō"

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⭐ Core Definition: Hayato Ikeda

Hayato Ikeda (池田 勇人, Ikeda Hayato; 3 December 1899 – 13 August 1965) was a Japanese politician who served as prime minister of Japan from 1960 to 1964. He is best known for his Income Doubling Plan, which promised to double the size of Japan's economy in 10 years, and for presiding over the 1964 Tokyo Olympics.

Born in Hiroshima Prefecture, Ikeda studied law at Kyoto Imperial University and entered the Ministry of Finance in 1925, working there for the next two decades. After the war, he was first elected to the National Diet in 1947 and served as finance minister from 1949 to 1952 under Shigeru Yoshida, being responsible implementing an economic stabilization program. Ikeda briefly headed the Ministry of International Trade and Industry in 1952, but resigned after a no-confidence motion. He returned as finance minister under Tanzan Ishibashi from 1956 to 1957, and as international trade and industry minister from 1959 to 1960.

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👉 Hayato Ikeda in the context of Eisaku Satō

Eisaku Satō (佐藤 栄作, Satō Eisaku; 27 March 1901 – 3 June 1975) was a Japanese politician who served as prime minister of Japan from 1964 to 1972. He was the third longest-serving and second longest-uninterrupted–serving Japanese prime minister. Satō is best remembered for securing the return of Okinawa in 1972, and for winning the Nobel Peace Prize in 1974, which stirred controversy. He was a former elite bureaucrat like his elder brother Nobusuke Kishi and a member of the Yoshida school like Hayato Ikeda.

Born in Yamaguchi Prefecture, Satō was a member of the Satō–Kishi–Abe family and the younger brother of prime minister Nobusuke Kishi. Satō graduated from Tokyo Imperial University in 1924 and joined the Ministry of Railways. After the war, he entered the National Diet in 1949 as a member of the Liberal Party, and served in a series of cabinet positions under Shigeru Yoshida, including posts and telecommunications minister from 1951 to 1952, construction minister from 1952 to 1953, and chief cabinet secretary from 1953 to 1954. Satō later joined the Liberal Democratic Party and became finance minister from 1958 to 1960 under Nobusuke Kishi and international trade and industry minister from 1961 to 1962 under Hayato Ikeda.

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Hayato Ikeda in the context of Liberal Democratic Party (Japan)

The Liberal Democratic Party (LDP; Japanese: 自由民主党, romanizedJiyū-Minshutō), also known as Jimintō (自民党), is a major conservative and nationalist political party in Japan. Since its foundation in 1955, the LDP has been in power almost continuously—a period called the 1955 System—except from 1993 to 1996, and again from 2009 to 2012.

The LDP was formed in 1955 as a merger of two conservative parties, the Liberal Party and the Japan Democratic Party, and was initially led by prime minister Ichirō Hatoyama. The LDP supported Japan's alliance with the United States and fostered close links between Japanese business and government, playing a major role in the country's economic miracle from the 1960s to early 1970s and subsequent stability under prime ministers including Hayato Ikeda, Eisaku Satō, Kakuei Tanaka, Takeo Fukuda, and Yasuhiro Nakasone. Scandals and economic difficulties led to the LDP losing power in 1993 and 1994, and governing under a non-LDP prime minister from 1994 before regaining power in 1996. In 1999, the LDP entered into a coalition with Komeito.

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Hayato Ikeda in the context of Takeo Fukuda

Takeo Fukuda (福田 赳夫, Fukuda Takeo; 14 January 1905 – 5 July 1995) was a Japanese politician who served as prime minister of Japan from 1976 to 1978.

Born in Gunma Prefecture and educated at Tokyo Imperial University, Fukuda served as an official in the Ministry of Finance for two decades before entering politics. He was first elected to the Diet in 1952, and served as agriculture, forestry, and fisheries minister in 1959–1960 under Nobusuke Kishi, as head of the party's political affairs section under Hayato Ikeda, and as finance minister (1965–1966, 1968–1971) and foreign minister (1971–1972) under Eisaku Satō, becoming his protégé. Fukuda's political life was marked by a rivalry with Kakuei Tanaka, who succeeded Satō as prime minister in 1972 and under whom Fukuda served as finance minister from 1973 to 1974. As prime minister from 1976, Fukuda formulated the Fukuda Doctrine, which pledged trust and cooperation with Asian countries, and concluded the Treaty of Peace and Friendship between Japan and China in 1978. He was succeeded as premier in 1978 by Masayoshi Ōhira.

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Hayato Ikeda in the context of Kōchikai

Kōchikai (宏池会; "Broad Pond Society") was a leading faction within Japan's Liberal Democratic Party (LDP), founded by bureaucrat-turned-politician Hayato Ikeda in 1957. The faction has produced five prime ministers (Ikeda, Masayoshi Ōhira, Zenkō Suzuki, Kiichi Miyazawa, and Fumio Kishida), two LDP presidents (Yōhei Kōno and Sadakazu Tanigaki), and a large number of cabinet officeholders. The faction was officially dissolved on January 23, 2024 after Prime Minister Fumio Kishida pledged to dissolve the faction in the aftermath of a political funds scandal. However, former faction members still meet frequently as a group, exchange information, and collectively exert pressure on other politicians.

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Hayato Ikeda in the context of Income Doubling Plan

The Income Doubling Plan (Japanese: 所得倍増計画, Hepburn: Shotoku Baizō Keikaku) was a long-term economic development plan initiated by Japanese prime minister Hayato Ikeda in the fall of 1960. The plan called for doubling the size of Japan's economy in ten years through a combination of tax breaks, targeted investment, an expanded social safety net, and incentives to increase exports and industrial development. To achieve the goal of doubling of the economy in ten years, the plan called for an average annual economic growth rate of 7.2%. In fact, Japan's annual growth averaged more than 10% over the course of the plan, and the economy doubled in size in less than seven years.

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Hayato Ikeda in the context of Masayoshi Ōhira

Masayoshi Ōhira (大平 正芳, Ōhira Masayoshi; 12 March 1910 – 12 June 1980) was a Japanese politician who served as prime minister of Japan from 1978 until his death in 1980.

Born in Kagawa Prefecture, Ōhira worked in the Ministry of Finance from 1936, and served as the private secretary to Hayato Ikeda, finance minister from 1949 to 1952. Ōhira was first elected to the Diet in 1952, and served as foreign minister in Ikeda's cabinet from 1962 to 1964 and as international trade and industry minister from 1968 to 1970 under Eisaku Satō. He took over Ikeda's faction of the Liberal Democratic Party and later served as foreign minister from 1972 to 1974 under Kakuei Tanaka and as finance minister from 1974 to 1976 under Takeo Miki. He succeeded Takeo Fukuda as LDP president and prime minister in 1978. After his government was defeated in a no-confidence vote, Ōhira decided to call the 1980 election rather than resign, but died suddenly of a heart attack. He is the most recent Japanese premier to die in office.

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Hayato Ikeda in the context of Zenkō Suzuki

Zenkō Suzuki (鈴木 善幸, Suzuki Zenkō; 11 January 1911 – 19 July 2004) was a Japanese politician who served as prime minister of Japan from 1980 to 1982.

Born in Iwate Prefecture, Suzuki graduated from the Tokyo University of Fisheries in 1935 and was elected to the Diet in 1947 as a member of the Japan Socialist Party, then shifted rightward and joined the Liberal Democratic Party. He briefly served as posts and telecommunications minister and cabinet secretary under Hayato Ikeda, as health and welfare minister under Eisaku Satō, and as agriculture, forests, and fisheries minister under Takeo Fukuda. After the sudden death of prime minister Masayoshi Ōhira in 1980, Suzuki assumed leadership of his faction, and he succeeded him as LDP president and prime minister until 1982.

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