Japan: Staff Report for the 2001 Article IV Consultation
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Summary:
The new government in Tokyo has a window of opportunity to address the deep-seated structural problems that lie at the root of Japan's lackluster economic performance over the past decade. The government has appropriately identified banking sector problems as a top priority. Broader reforms are needed to strengthen the regulatory framework and lay the basis for a sound banking system. In the near term, fiscal policy should remain responsive to changing economic circumstances. Enhancing the transparency of the monetary policy framework is required.
Series:
Country Report No. 2001/144
Subject:
Banking Commercial banks Distressed assets Expenditure Financial institutions Financial sector policy and analysis Fiscal policy Loans Nonperforming loans
English
Publication Date:
August 10, 2001
ISBN/ISSN:
9781451820478/1934-7685
Stock No:
1JPNEA0012001
Pages:
66
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