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Japan : selected issues.

Author: Tamim A Bayoumi; International Monetary Fund.
Publisher: Washington, D.C. : International Monetary Fund, ©1998.
Series: IMF staff country report, no. 98/113.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
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 3 3/4 percent during the four quarters ended March 1998; the unemployment rate reached historical highs; and deflationary pressures reemerged. The downturn was largely  Read more...
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Additional Physical Format: Print version:
Japan, selected issues.
Washington, D.C. : International Monetary Fund, ©1998
(OCoLC)40334355
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Tamim A Bayoumi; International Monetary Fund.
OCLC Number: 648204102
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource (187 pages) : illustrations.
Details: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Contents: Macroeconomic developments and prospects --
Fiscal policy issues --
Monetary policy issues --
Resolving Japan's banking system problems --
Financial sector reforms --
Governance, deregulation, and economic performance --
The Asia crises and Japan.
Series Title: IMF staff country report, no. 98/113.
Other Titles: Japan, selected issues

Abstract:

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 3 3/4 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.

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