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Japan's lost decade : policies for economic revival

Author: Tim Callen; Jonathan David Ostry; International Monetary Fund,
Publisher: [Washington, D.C.] : International Monetary Fund, [2003] ©2003
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
Japan's weak economic performance in the 1990s has had implications not only for its own people, but for the world economy more generally, given Japan's importance as a trading partner and supplier of capital. Therefore, it is essential that Japan unlock its growth potential. The IMF has worked with the Japanese authorities to identify the policies needed to bring Japan's economy out of its recent slump. This book  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Japan's lost decade.
Washington, D.C. : International Monetary Fund, ©2003
(OCoLC)51750492
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Tim Callen; Jonathan David Ostry; International Monetary Fund,
ISBN: 9781463993993 1463993994 1283537397 9781283537391 9781463909369 1463909365
OCLC Number: 654474731
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource (vii, 271 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: Current issues facing the financial sector / Tim Callen and Martin Mühleisen --
Banks and credit in Japan / Giovanni Dell'Ariccia --
The resolution and collection corporation and the market for distressed debt in Japan / Kenneth Kang --
Structural reforms, information technology, and medium-term growth prospects / Tim Callen and Takashi Nagaoka --
Population aging : its fiscal and macroeconomic implications / Hamid Faruqee --
Fiscal policies during the demographic transition / Martin Mühleisen --
Fiscal policy : an evaluation of its effectiveness / Sanjay Kalra --
The zero-interest-rate floor and its implications for monetary policy in Japan / Ben Hunt and Douglas Laxton --
Monetary policy in a deflationary environment / Taimur Baig --
The yen-dollar rate : have interventions mattered? / Ramana Ramaswamy and Hossein Samiei --
The impact of Japanese economic policies on the Asia region / Tim Callen and Warwick J. McKibbin.
Responsibility: editors, Tim Callen and Jonathan D. Ostry.
More information:

Abstract:

Japan's weak economic performance in the 1990s has had implications not only for its own people, but for the world economy more generally, given Japan's importance as a trading partner and supplier of capital. Therefore, it is essential that Japan unlock its growth potential. The IMF has worked with the Japanese authorities to identify the policies needed to bring Japan's economy out of its recent slump. This book contributes to this ongoing debate, whose major topics include the need for an integrated policy strategy based on the decisive restructuring of the banking and corporate sectors, combined with macroeconomic policies designed to bring an end to deflation.

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