Japan: Economic and Policy Developments

International Monetary Fund

No 2001/221, IMF Staff Country Reports from International Monetary Fund

Abstract: The Japanese economy is vulnerable to external and domestic shocks. The new government has made a commitment to turn the fiscal situation around. The new policy framework provides the Bank of Japan with the scope to ease the policy stance. A deteriorating macroeconomic environment has exposed underlying structural problems in the banking sector. Over the past year, Japan maintained its traditional emphasis on pursuing further trade liberalization through the World Trade Organization (WTO) framework, while at the same time initiating talks on bilateral free trade agreements.

Keywords: ISCR; CR; Japan; real GDP; investment; least developed countries; product; Oda strategy; Oda budget; BOJ transaction; government ministry; business investment; BOJ law; WTO agriculture; Loans; Budget planning and preparation; Distressed assets; Global; Asia and Pacific (search for similar items in EconPapers)
Pages: 102
Date: 2001-12-13
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