IMF Staff Country Reports

Japan: Selected Issues

December 13, 2001

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Japan: Selected Issues, (USA: International Monetary Fund, 2001) accessed November 24, 2024

Summary

The paper discusses the cures available for the economic malaise that can arise because nominal interest rates cannot be reduced below zero. However, a sufficiently high rate of target inflation can prevent the occurrence. The paper highlights a number of important issues in understanding the transmission of shocks between Japan and the Asia-Pacific region. Structural reforms, information technology, and medium-term growth prospects in Japan have been discussed. The paper traced some of the links between land prices and the financial sector, and economic activity.

Subject: Financial services, Inflation, Inflation targeting, Land prices, Monetary policy, Prices, Productivity, Real estate prices, Real interest rates

Keywords: Asia and Pacific, CR, East Asia, Europe, Firm, Global, Inflation, Inflation target, Inflation targeting, ISCR, Japan, Land price, Land prices, Price level, Price movement, Rate of inflation, Real estate prices, Real GDP, Real interest rates, Venture capital

Publication Details

  • Pages:

    119

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2001/220

  • Stock No:

    1JPNEA0032001

  • ISBN:

    9781451820607

  • ISSN:

    1934-7685