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Japan

Rodica Velciu

Conjunctura economiei mondiale / World Economic Studies, 2015

Abstract: In 2014, the Japanese economy entered in technical recession following two consecutive quarters of negative growth in Q2 and Q3, real GDP growth was down to -0,1%. After a slowdown in demand from China and other Asian countries which account for half of Japan’s exports, the exports fell 4,4%. Fiscal consolidation continued and the general government deficit gradually reduced on the back of steady revenue growth and contained expenditure growth.

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: 2015
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