Japan: Selected Issues

November 4, 1998

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Format: Chicago

Japan: Selected Issues, (USA: International Monetary Fund, 1998) accessed December 24, 2024

Summary

This Selected Issues paper analyzes macroeconomic developments and prospects for Japan during the 1990s. Following a surge in activity during 1996 and early 1997, the economy fell into recession in the second quarter of 1997. Real GDP fell by 3¾ percent during the four quarters ended March 1998; the unemployment rate reached historical highs; and deflationary pressures reemerged. The downturn was largely unexpected, and most forecasters had projected growth of about 2 percent in 1997. This paper also examines fiscal policy issues for Japan.

Subject: Bank credit, Banking, Expenditure, Financial institutions, Fiscal policy, Insurance, Insurance companies, Loans

Keywords: Asia, Asia and Pacific, Bank lending, BoJ bill, Capital stock, CR, East Asia, Exchange rate, Insurance, Insurance companies, Interest rate, ISCR, Japan, Loans, North America, Potential GDP, Shareholder meeting, Southeast Asia, Western Europe

Publication Details

Pages:

188
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1998/113
Stock No:

1JPNEA0011998
ISBN:

9781451820447
ISSN:

1934-7685

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