European Parliament Library

Japan :, Selected Issues

Although fiscal consolidation has short-term costs, the potential long-term benefits are considerable. Although adjustment is important for securing fiscal sustainability, reforms that raise potential growth could also support consolidation. Simulations show that the external environment also matters, but domestic policies should be the priority to raise medium-term growth. In Japan, public policies can help create an environment for more effective capital formation. For Japan, reforms to stimulate private consumption hold significant promise for boosting growth, and this could be achieved by boosting household disposable income
Table Of Contents
Cover; Contents; I. The Impact of Fiscal Consolidation and Structural Reforms on Growth in Japan; A. Introduction; B. Impact of Fiscal Consolidation on Growth; C. Impact of Combined Policy Package of Fiscal Consolidation and Structural Reforms; D. Spillovers from the Rest of the World; E. Conclusions; References; Appendix; II. Raising Medium-Term Growth: What Role can Investment Play?; A. Introduction; B. Recent Investment Trends; Tables; II.1. Non Financial Corporate Indicators; C. Econometric Analysis: What Explains these Trends?; D. Policy Implications; E. Conclusion; References
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (45 p.)
Specific Material Designation
Form Of Item

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