IMF Staff Country Reports

Japan: Staff Report for the 2000 Article IV Consultation

Publication Date:

August 11, 2000

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Macroeconomic policy support and structural reforms have helped to bring about the economic recovery in Japan. Initiating a public process to obtain consensus on a credible strategy for eventual fiscal consolidation would help to raise confidence in long-term growth prospects and reduce the risks of volatile financial market conditions. A premature appreciation of the yen not justified by improving fundamentals remains a concern. Important progress has been made in strengthening major banks balance sheets and allaying concerns about financial instability.

Series:

Country Report No. 2000/098

Subject:

Banking Budget planning and preparation Expenditure Fiscal policy Public debt Public financial management (PFM) Public investment spending

Notes:

Included with the Staff Report is the text of Public Information Notice No. 00/64.