Fukuda Doctrine
Takeo Fukuda was an expert in economics. He took on the role of an ‘economic prime minister’ under Miki's administration from 1974 to 1976. During this time, he established the Ministerial Conference on Economic Measures, enabling cross-ministry and agency talks on finance, wage and labor issues.
Fukuda subsequently became the 67th prime minister of Japan, lasting for only one term from 1976 to 1978. However, he was not forced out of office before he had gotten two major diplomatic reforms executed. Under Fukuda cabinet, Japan conducted an omnidirectional peace diplomacy, and signed Japan-China Treaty of Peace and Friendship in 1978. He pushed forward Japan's pacifistic position while making an effort to strengthen relations with Asian countries.
Obuchi Cabinet
The Obuchi Cabinet governed Japan from July 1998 to April 2000 under the leadership of Prime Minister Keizō Obuchi, who took office after winning the Liberal Democratic Party leadership. Initially a purely LDP government, it expanded to become a coalition involving first the Liberal Party and then the New Komeito over the course of its term. The government focused on economic revival, with former Prime Minister Kiichi Miyazawa recalled to the position of Finance Minister, and introduced policies designed to stimulate the economy through tax cuts and public spending increases.