Japan: Economic and Policy Developments
Fiscal policy has been strongly expansionary for most of the past decade in Japan. The resulting strain on public finances has made stimulus policies more difficult to maintain. The stance of monetary policy has remained unchanged over the past year. Further progress in resolving banking problems is essential given the plan to remove blanket deposit insurance in April 2002 and to lay the foundation for sustained growth. The paper discusses recent developments in the field of structural reform and deregulation in Japan.
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Volume/Issue:
Volume 2000
Issue 143
Publication date: November 2000
ISBN: 9781451820546
$20.00
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Business and Economics , Banks and Banking , Investments and Securities-General , Labor , Economics- Macroeconomics , Public Finance , ISCR , CR , bank , investment , business investment , Japan , deregulation , BoJ approval , BOJ valuation loss , BoJ bill , policy stance , government administration , Loans , Pensions , Budget planning and preparation , Global , East Asia , Asia and Pacific
Summary
Fiscal policy has been strongly expansionary for most of the past decade in Japan. The resulting strain on public finances has made stimulus policies more difficult to maintain. The stance of monetary policy has remained unchanged over the past year. Further progress in resolving banking problems is essential given the plan to remove blanket deposit insurance in April 2002 and to lay the foundation for sustained growth. The paper discusses recent developments in the field of structural reform and deregulation in Japan.
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