Japan: Selected Issues

International Monetary Fund

No 1996/114, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper analyzes Japan’s medium- and long-term fiscal challenges. It discusses the initiatives that will be necessary to cope with Japan’s medium- and long-term fiscal challenges. It describes medium- and long-term projections of the fiscal position, and assesses the size of the consolidation measures needed to restore long-term fiscal sustainability. The paper explores possible options for consolidation and offers a representative package of such measures. The paper also describes the projected baseline path for the long-term fiscal balance, incorporating the long-term pension reform plan formulated in 1994.

Keywords: ISCR; CR; interest rate; equity price; GDP; deposit certificate; FCI concepts; FCI measure; collection deposit; Bank credit; Credit; Real exchange rates; Employment; Western Europe; Global (search for similar items in EconPapers)
Pages: 210
Date: 1996-11-07
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:1996/114

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