European Parliament Library

Japan :, 2009 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

This 2009 Article IV Consultation highlights that although Japan was not at the center of the initial crisis, the collapse in external demand and financial spillovers have plunged the economy into a severe recession. Financial policies are focusing on strengthening the resilience of the financial system. Executive Directors have welcomed the support being provided by fiscal stimulus packages. On the monetary front, Directors have commended the authorities for their wide-ranging actions, which have helped to stabilize financial markets and facilitate corporate financing
Table Of Contents
Cover; Contents; I. Introduction; II. Economic Developments; III. Outlook and Risks; IV. Policies to Support Growth and Preserve Financial Stability; A. Fiscal Policy Priorities; B. Supporting Growth with Monetary Policy; C. Policies to Strengthen the Financial and Corporate Sectors; V. Exchange Rate and External Stability; VI. Policies to Rebalance Growth in the Medium Term; VII. Staff Appraisal; Boxes; 1. Analysis of Tail-Risk Scenarios; 2. Market Challenges to Financing Japan's Fiscal Stimulus; 3. Challenges from the Current Crisis Facing (SMEs)
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (54 p.)
Specific Material Designation
Form Of Item

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