Structural Change in Japan: Macroeconomic Impact and Policy Challenges

By Tamim Bayoumi, Guy M Meredith, Bijan B. Aghevli

June 9, 1998

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Format: Chicago

Tamim Bayoumi, Guy M Meredith, and Bijan B. Aghevli Structural Change in Japan: Macroeconomic Impact and Policy Challenges, (USA: International Monetary Fund, 1998) accessed November 21, 2024

Summary

This volume, by Bijan B. Aghevli, Tamim Bayoumi, and Guy Meredith, is based on a seminar on structural change in Japan held in early 1997 and chaired by the IMF's First Deputy Managing Director, Stanley Fischer. Discussion of teh day-to-day management of the standard levers of fiscal and monetary policy is interlinked with consideration for the more deep-seated structural issues. By shifting and destabilizing the underlying economic relationships and creating uncertainty, structural change complicates the task of policy analysis. This volume describes how the IMF is responding to these challenges and how outside experts assess this effect.

Subject: Balance of payments, Exchange rates, Expenditure, Financial services, Fiscal policy, Foreign direct investment, Foreign exchange, Real exchange rates, Real interest rates

Keywords: Anti-inflation credibility, Asia and Pacific, BOOK, East Asia, Exchange rates, FDI flow, FDI outflow, Foreign direct investment, Global, Knowledgeable outsider, North America, Northern Europe, Policy reaction function, Real exchange rates, Real interest rates, Staff's analysis, Western Europe, Yen

Publication Details

Pages:

255
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Books
Stock No:

SCJMEA0000000
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