Japan: Selected Issues
Electronic Access:
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Summary:
The paper discusses the cures available for the economic malaise that can arise because nominal interest rates cannot be reduced below zero. However, a sufficiently high rate of target inflation can prevent the occurrence. The paper highlights a number of important issues in understanding the transmission of shocks between Japan and the Asia-Pacific region. Structural reforms, information technology, and medium-term growth prospects in Japan have been discussed. The paper traced some of the links between land prices and the financial sector, and economic activity.
Series:
Country Report No. 2001/220
Subject:
Financial services Inflation Inflation targeting Land prices Monetary policy Prices Productivity Real estate prices Real interest rates
English
Publication Date:
December 13, 2001
ISBN/ISSN:
9781451820607/1934-7685
Stock No:
1JPNEA0032001
Pages:
119
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