Japan

Rodica Velciu

Conjunctura economiei mondiale / World Economic Studies, 2014

Abstract: The recovery of Japanese economy has slowed down the peace in the second half of year 2013 reflecting a slowing of exports despite the depreciation of the yen. Domestic demand growth has remained robust and household consumtion was temporarily boosted in anticipation of the hike of consumtion tax rate from 5% to 8% in April 2014. In 2013, real GDP picked up by around 1,5%, mainly supported by public consumtion. The OECD forecasts reveal a slowdown of growth in 2014-2015, due to a lower dynamics of domestic demand.

Keywords: economic growth; G.D.P.; unemployment rate; inflation rate; commercial balance; current account balance; government financial balance; general government gross debt; monetary policy; fiscal policy (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:iem:conjun:y:2014:id:2822000009582003

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