Japan: Staff Report for the 2003 Article IV Consultation

September 5, 2003

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Japan: Staff Report for the 2003 Article IV Consultation, (USA: International Monetary Fund, 2003) accessed November 23, 2024

Summary

Japan has made progress in addressing major economic challenges. Executive Directors emphasized for a comprehensive program designed to resolve financial and corporate sector weaknesses, end deflation, and rein in fiscal imbalances. They stressed the need to maintain strong fiscal and monetary policies and also accelerate structural reforms. They welcomed the program for financial revival and commended Japan's continued commitment to overseas development assistance. They stressed the need to improve the legal framework for antimoney laundering and countering the financing of terrorism.

Subject: Banking, Deflation, Economic sectors, Financial sector, Financial services, Fiscal policy, Fiscal stance, Prices, Public debt, Real interest rates

Keywords: CR, Deflation, Dollar rate, Financial sector, Fiscal stance, GDP deflator, Global, Growth projection, ISCR, Policy development, Public funds, Real interest rates, Transmission mechanism, Value

Publication Details

Pages:

56
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/281
Stock No:

1JPNEA0012003
ISBN:

9781451820492
ISSN:

1934-7685

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