Japan: Selected Issues
- ISBN-10
- 1451820445
- ISBN-13
- 9781451820447
- Series
- Japan
- Category
- Business & Economics
- Pages
- 188
- Language
- English
- Published
- 1998-11-04
- Publisher
- International Monetary Fund
- Author
- International Monetary Fund
Description
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 33⁄4 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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Other editions
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- 2017-09-18
- 126 pages
- Paperback
- International Monetary Fund
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- 2017-07-31
- 109 pages
- Paperback
- International Monetary Fund
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