Japan: 2011 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion
International Monetary Fund
No 2011/181, IMF Staff Country Reports from International Monetary Fund
Abstract:
Japan has responded swiftly to stabilize markets, and activity has begun to recover. The immediate priority is to repair damaged infrastructure and facilitate a swift recovery. Financial policies should protect against the risk of an economic slowdown and higher market volatility. Timely implementation of the government’s growth strategy would help sustain fiscal adjustment and support the recovery. Japan is an important contributor to regional growth and stability. Despite the adversity caused by the earthquake, Japan continues to demonstrate its strong commitment to international cooperation.
Keywords: ISCR; CR; reform plan; bond issuance; social security; tax measure; plan; Social Security reform; asset purchase program; Inflation; Electricity; Loans; Consumption taxes; Global (search for similar items in EconPapers)
Pages: 45
Date: 2011-07-19
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