Executive Board
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on Japan:

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July 23, 2014
July 31, 2013
July 25, 2012
July 13, 2011
July 2, 2010

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 0.9 0.8
Consumer Prices 2.7 2
Source: World Economic Outlook (October 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Japan: Financial Position in the Fund

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Finance Ministry
Ministry of Finance


IMF Regional Office for Asia and the Pacific

Japan Administered Accounts For Technical Assistance and Training

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Japan Administered Accounts - Japan-Funded Scholarship Programs

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Japan and the IMF
Updated October 16, 2014

The last Article IV Executive Board Consultation was on July 23, 2014. Listed below are items related to Japan, in reverse chronological order (you can also view items by category).

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January 31, 2011 -- Reviving the Animal Spirits – A Strategy for Promoting Growth in Japan, a Commentary by Anoop Singh, Director of the Asia Pacific Department, International Monetary Fund
January 27, 2011 -- Transcript of a Press Briefing on the 2011 Fiscal Monitor Update
January 25, 2011 -- Financial Market Update:
Nearly four years after the onset of the largest financial crisis since the Great Depression, global financial stability is still not assured and significant policy challenges remain. Balance sheet restructuring is incomplete and leverage is still high. The interaction between banking and sovereign credit risks in the euro area remains a critical factor. At the global level, regulatory reforms are still needed to put the financial sector on a sounder footing. At the same time, accommodative policies in advanced economies and relatively favorable fundamentals in some emerging market countries are spurring capital inflows, so emerging countries must watch for signs of asset price bubbles and excessive credit.
Text also available in: عربي; 中文; Español; Français; Русский.
January 11, 2011 -- "Tax Policy and Tax Administration Challenges for Restoring Fiscal Sustainability" IMF-Japan High level Tax Seminar for Asian and Pacific Countries, Opening Remarks by Naoyuki Shinohara, Deputy Managing Director, International Monetary Fund
January 01, 2011 -- The Impact of Fiscal Consolidation and Structural Reforms on Growth in Japan
Author/Editor: Berkmen, Pelin
Series: Working Paper No. 11/13
January 01, 2011 -- To Fire or to Hoard? Explaining Japan’s Labor Market Response in the Great Recession
Author/Editor: Nakane, Masato | Steinberg, Chad
Series: Working Paper No. 11/15
December 01, 2010 -- Transforming China: Insights from the Japanese Experience of the 1980s
Author/Editor: N'Diaye, Papa M'B. P.
Series: Working Paper No. 10/284
December 01, 2010 -- Rebalancing in Japan: The Role of Private Consumption
Author/Editor: Tokuoka, Kiichi
Series: Working Paper No. 10/293
December 01, 2010 -- Japan’s Quest for Growth: Exploring the Role of Capital and Innovation
Author/Editor: Syed, Murtaza H. | Lee, Jinsook
Series: Working Paper No. 10/294
November 04, 2010 -- Transcript of a Press Conference on Launch of the November 2010 Fiscal Monitor, by Carlo Cottarelli, Director, Fiscal Affairs Department, IMF
October 27, 2010 -- Transcript of a Press Conference on the International Monetary Fund’s Regional Economic Outlook for Asia and the Pacific
October 23, 2010 -- Transcript: IMF Managing Director Dominique Strauss-Kahn and First Deputy Managing Director John Lipksy at the conclusion of the G20 Finance Ministers and Central Bank Governors’ Meeting in Gyeongju, Korea
October 12, 2010 -- Transcript of the Civil Society Organizations Townhall Meeting
October 10, 2010 -- Transcript of a Press Conference on Asia and Pacific
October 09, 2010 -- IMFC Statement by Yoshihiko Noda, Minister of Finance, Ministry of Finance, Japan
On behalf of: Japan. PDF File Size: 334Kb
October 08, 2010 -- Statement by the Hon. Yoshihiko Noda, Governor of the IMF and the World Bank Group for Japan
PDF File Size: 554Kb
September 24, 2010 -- Transcript of a Press Briefing by Caroline Atkinson, Director of External Relations, International Monetary Fund
September 17, 2010 -- Press Release: IMF Signs Agreements Totaling SDR 5.3 billion with Japan, the Banque de France, the United Kingdom and the People's Bank of China to Support Lending to Low-Income Countries
September 07, 2010 -- Transcript of a Conference Call on Release of IMF Staff Position Notes on Fiscal Matters
July 14, 2010 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation with Japan
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.

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