Japan: Staff Report for the 2012 Article IV Consultation

August 1, 2012

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Format: Chicago

Japan: Staff Report for the 2012 Article IV Consultation, (USA: International Monetary Fund, 2012) accessed November 23, 2024

Summary

The Japanese economy has shown robust growth after the March 2011 Great East Japan earthquake. Post-earthquake, Japan has had to deal with devastating human toll and destruction, while businesses and households have had to recover from the losses. Exports were impacted by supply chain disruptions, weak global demand, and an appreciation of the yen. The Executive Board noted, however, that despite a weak global demand, the Japanese economy has shown remarkable resilience to severe economic distress and moderate market shocks.

Subject: Banking, Consumption taxes, Fiscal consolidation, Fiscal policy, Inflation, Prices, Public debt, Taxes

Keywords: Asia and Pacific, Consultation, Consumption taxes, Core inflation, CR, Credit intermediation, Due diligence, Europe, Evaluation, Evaluation report, Fiscal consolidation, Global, Headline inflation, I. membership status, Inflation, ISCR, IV, Reconstruction spending, Tax bill

Publication Details

Pages:

50
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/208
Stock No:

1JPNEA2012001
ISBN:

9781475506334
ISSN:

1934-7685

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