Japan: 2009 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

July 15, 2009

Preview Citation

Format: Chicago

Japan: 2009 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2009) accessed November 22, 2024

Summary

This 2009 Article IV Consultation highlights that although Japan was not at the center of the initial crisis, the collapse in external demand and financial spillovers have plunged the economy into a severe recession. Financial policies are focusing on strengthening the resilience of the financial system. Executive Directors have welcomed the support being provided by fiscal stimulus packages. On the monetary front, Directors have commended the authorities for their wide-ranging actions, which have helped to stabilize financial markets and facilitate corporate financing.

Subject: Bank credit, Banking, Credit, Fiscal policy, Fiscal stance, Inflation, Money, Prices, Public debt

Keywords: Bank of Japan's understanding, Core inflation, CR, Credit, Data module, Deficit, Deficit adjustment, Economic policy, Fiscal stance, Global, Inflation, ISCR, Japan, Policy rate, Regime, Target, Understanding of price stability

Publication Details

Pages:

53
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/210
Stock No:

1JPNEA2009002
ISBN:

9781451820737
ISSN:

1934-7685

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