European Parliament Library

Japan :, 2010 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion

Japan’s economy is gaining strength, but vulnerability to sovereign risk is rising. The new government has a greater willingness to consider needed fiscal reforms. Timely stimulus and strong external demand have supported the economic recovery. Global events have focused on Japan’s fiscal problems, and raised the urgency for fiscal adjustment. Easing measures by the Bank of Japan (BoJ) will help recovery and address the risks of deflation. The banking sector has improved, but faces a number of challenges. An ambitious pro-growth agenda would help support fiscal adjustment
Table Of Contents
""Cover""; ""Contents""; ""I. Introduction""; ""II. Economic Developments""; ""III. Economic Outlook and Risks""; ""IV. Policy Discussions""; ""A. Mapping A Credible Fiscal Reform Strategy""; ""B. Monetary Policy Options to Combat Deflation""; ""C. Strengthening the Financial System""; ""D. Reforms to Raise Medium-Term Growth""; ""V. Exchange Rate, External Stability, and Spillovers""; ""VI. Staff Appraisal""; ""Boxes""; ""1. Potential Impact of Global Sovereign Debt Strains on Japan""; ""2. Estimating the Growth Impact of Fiscal Adjustment""
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (47 p.)
Specific Material Designation
Form Of Item

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