Yasuo Fukuda
Fukuda was born in Takasaki, Gunma, the eldest son of politician (later the 67th Prime Minister) Takeo Fukuda. He grew up in Setagaya, Tokyo, attending Azabu High School and graduating from Waseda University in 1959 with a degree in economics. After university, he joined Maruzen Petroleum (now part of the Cosmo Oil Company). He was only minimally involved in politics over the next seventeen years, working his way up to section chief as a typical Japanese "salaryman". He was posted to the United States from 1962-64. While his father Takeo Fukuda was prime minister from 1976–78, Yasuo became a political secretary. From 1978 to 1989, he was a director of the Kinzai Institute for Financial Affairs, serving as a trustee from 1986 onward.
Fukuda Doctrine
The first period in the relationship between Japan and Southeast Asia, can be characterized by Shigeru Yoshida’s “Economic Diplomacy”, officially promulgated in 1957. The so-called “Yoshida Doctrine” put high priority on development and aimed at peaceful expansion of Japan's economic power in foreign markets, in order to rebuild the economy and raise the living standards of the Japanese population. As a part of this policy, Japan sought to improve ties with the Southeast Asian region. Reparations settlements between Japan and Southeast Asian countries played a significant role in such environment as they served as a tool which provided a ground for rebuilding of the relations, severed by Japanese aggression during the war. During this period, Japan paid reparations to Burma, Philippines, Indonesia, Republic of Vietnam (South Vietnam). Other than reparations in the strict sense, Japan also provided “quasi-reparations” in the form of grants and aid to Laos, Thailand, Malaysia, Singapore. This way, reparation payments paved the way for Japan's economic involvement in Southeast Asia, allowing it to pursue economic interest in the region.