Japan: Staff Report for the 2003 Article IV Consultation

International Monetary Fund

No 2003/281, IMF Staff Country Reports from International Monetary Fund

Abstract: Japan has made progress in addressing major economic challenges. Executive Directors emphasized for a comprehensive program designed to resolve financial and corporate sector weaknesses, end deflation, and rein in fiscal imbalances. They stressed the need to maintain strong fiscal and monetary policies and also accelerate structural reforms. They welcomed the program for financial revival and commended Japan's continued commitment to overseas development assistance. They stressed the need to improve the legal framework for antimoney laundering and countering the financing of terrorism.

Keywords: ISCR; CR; transmission mechanism; growth projection; policy development; value; GDP deflator; dollar rate; public funds; Deflation; Real interest rates; Financial sector; Fiscal stance; Global (search for similar items in EconPapers)
Pages: 56
Date: 2003-09-05
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Citations: View citations in EconPapers (19)

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