Japan's Lost Decade: Policies for Economic Revival

February 13, 2003

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Tim Callen, and Jonathan David Ostry. Japan's Lost Decade: Policies for Economic Revival, (USA: International Monetary Fund, 2003) accessed December 26, 2024

Summary

Japan’s weak economic performance in the 1990s has had implications not only for its own people, but for the world economy more generally, given Japan’s importance as a trading partner and supplier of capital. Therefore, it is essential that Japan unlock its growth potential. The IMF has worked with the Japanese authorities to identify the policies needed to bring Japan’s economy out of its recent slump. This book contributes to this ongoing debate, whose major topics include the need for an integrated policy strategy based on the decisive restructuring of the banking and corporate sectors, combined with macroeconomic policies designed to bring an end to deflation.

Subject: Aging, Bank credit, Banking, Financial institutions, Inflation targeting, Loans, Monetary policy, Money, Nonperforming loans, Pensions, Population and demographics

Keywords: Aging, Asia and Pacific, Bank, Bank credit, BOOK, Europe, Firm, Global, Inflation targeting, Japan, Loans, Nonperforming loans, One-off fiscal policy, Price level, Yen depreciation, Yen-dollar market, Yen-dollar rate

Publication Details

Pages:

279
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JLDPEA
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