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Japan: Staff Report for the 2006 Article IV Consultation

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  • International Monetary Fund

Abstract

Japan showed strong economic recovery from the crisis. Executive Directors welcomed the development and stressed the need for a strong monetary framework, well-designed fiscal consolidation, and structural reforms. Directors agreed that the Bank of Japan’s monetary framework is well suited to the post deflation environment and welcomed the improvement in transparency. Directors appreciated the progress in fiscal consolidation and structural reforms. They encouraged the authorities to maintain an ambitious reform program to support balanced global growth and an orderly resolution of global current account imbalances.

Suggested Citation

  • International Monetary Fund, 2006. "Japan: Staff Report for the 2006 Article IV Consultation," IMF Staff Country Reports 2006/275, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2006/275
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=19484
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    References listed on IDEAS

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    1. Scott Bradford, 2003. "Paying the Price: Final Goods Protection in OECD Countries," The Review of Economics and Statistics, MIT Press, vol. 85(1), pages 24-37, February.
    2. Ito, Keiko & Fukao, Kyoji, 2005. "Foreign direct investment and trade in Japan: An empirical analysis based on the Establishment and Enterprise Census for 1996," Journal of the Japanese and International Economies, Elsevier, vol. 19(3), pages 414-455, September.
    3. Stephen Tokarick, 2005. "Who Bears the Cost of Agricultural Support in OECD Countries?," The World Economy, Wiley Blackwell, vol. 28(4), pages 573-593, April.
    4. Paprzycki,Ralph & Fukao,Kyoji, 2012. "Foreign Direct Investment in Japan," Cambridge Books, Cambridge University Press, number 9781107411289.
    5. Yukako Murakami & Kyoji Fukao, 2006. "Inward Foreign Direct Investments and Productivity Growth in Japan," Hi-Stat Discussion Paper Series d05-143, Institute of Economic Research, Hitotsubashi University.
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    Cited by:

    1. Mr. Serkan Arslanalp & Mr. Waikei R Lam, 2013. "Outlook for Interest Rates and Japanese Banks’ Risk Exposures under Abenomics," IMF Working Papers 2013/213, International Monetary Fund.

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