Japan: Recent Economic Developments
September 10, 1996
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This paper reviews economic developments in Japan during 1994. It focuses on the weak recovery that began in 1994, and the subsequent strengthening of growth since mid-1995. The paper examines developments in output and prices, and reviews the role that fiscal policy has played in providing support to demand, and the resulting sharp deterioration in the fiscal position. Monetary developments, including the reduction in interest rates to record lows in 1995, are discussed. The paper analyzes developments in the external sector and exchange markets. Developments in trade and structural policies are also reviewed.
Subject: Banking, Expenditure, Exports, Financial institutions, Imports, International trade, Loans, Public investment spending
Keywords: Asia and Pacific, capital ratio, consumer confidence, cost of capital, CR, current account, debt ratio, economic activity, Europe, Export-Import Bank, Exports, first quarter, government bond, household net saving, Imports, ISCR, Loans, market share, potential GDP, private sector, public funds, Public investment spending, Southeast Asia, U.S. dollar
Pages:
100
Volume:
1996
DOI:
Issue:
090
Series:
Country Report No. 1996/090
Stock No:
1JPNEA0011996
ISBN:
9781451820423
ISSN:
1934-7685
