Japan: Selected Issues

International Monetary Fund

No 2000/144, IMF Staff Country Reports from International Monetary Fund

Abstract: A sustained decline in fertility rates underlies a rapid aging and decline of Japan's population. This will have profound social and economic implications. The paper illustrates the difficult situation facing Japanese fiscal policy in the years ahead. The findings of this paper indicate that there may be a role for foreign exchange interventions in providing stimulus at the current conjuncture. Deposit insurance reform is a central element in the government strategy to strengthen the Japanese banking system. The unemployment-deflation puzzle in Japan has been explained.

Keywords: ISCR; CR; bank; deposit; yen-dollar rate; yen-dollar market; age-earnings profile; resolution tool; dependency ratio; yen appreciation; Aging; Pensions; Deposit insurance; Wages; Exchange rates; Global (search for similar items in EconPapers)
Pages: 113
Date: 2000-11-02
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Citations: View citations in EconPapers (9)

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