Japan: Staff Report for the 2000 Article IV Consultation
August 11, 2000
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Macroeconomic policy support and structural reforms have helped to bring about the economic recovery in Japan. Initiating a public process to obtain consensus on a credible strategy for eventual fiscal consolidation would help to raise confidence in long-term growth prospects and reduce the risks of volatile financial market conditions. A premature appreciation of the yen not justified by improving fundamentals remains a concern. Important progress has been made in strengthening major banks balance sheets and allaying concerns about financial instability.
Subject: Banking, Budget planning and preparation, Expenditure, Fiscal policy, Public debt, Public financial management (PFM), Public investment spending
Keywords: Asia and Pacific, Budget planning and preparation, CR, economic recovery, financial market development, fiscal policy plan, GDP deflator, Global, household expenditure data, ISCR, monetary policy, output gap, Public investment spending, Sogo bankruptcy, Sogo's debt forgiveness plan
Pages:
66
Volume:
2000
DOI:
---
Issue:
098
Series:
Country Report No. 2000/098
Stock No:
1JPNEA0012000
ISBN:
9781451820461
ISSN:
1934-7685
Notes
Included with the Staff Report is the text of Public Information Notice No. 00/64.
