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The global economy is at another highly uncertain moment: tentative signs of stabilization earlier this year have receded, and the outlook is increasingly risky and uncertain. At the same time, divisions within and across countries are deepening, exacerbated by rising fragmentation. Strong...
Persistent link: https://www.econbiz.de/10015059530
Over the past decade, global output has grown by more than 3 percent a year and inflation has slowed in most regions. The fruits of this growthhave not been shared equally, however, and income disparities have grownin many countries, developed as well as developing. One of the mostpressing...
Persistent link: https://www.econbiz.de/10014409385
The global policy agenda that follows recalibrates priorities to meet the new reality we are facing. The IMF also continues to adjust to respond to the rapidly evolving needs of our membership. Our flexibility has been evident over the past two years of the COVID crisis: unprecedented emergency...
Persistent link: https://www.econbiz.de/10015060477
This paper discusses the scope, methods, and effects of international coordination of economic policies. In analyzing the scope for and of coordination, the paper addresses the rationale for coordination, barriers to coordination, the range and specificivity of policies to be coordinated, and...
Persistent link: https://www.econbiz.de/10014396358
This 2005 Article IV Consultation highlights that the GDP growth in Japan slowed unexpectedly in the second quarter of …
Persistent link: https://www.econbiz.de/10014406054
Japan showed strong economic recovery from the crisis. Executive Directors welcomed the development and stressed the … Bank of Japan’s monetary framework is well suited to the post deflation environment and welcomed the improvement in …
Persistent link: https://www.econbiz.de/10014401190
This 2008 Article IV Consultation highlights that Japan’s external position remains strong. The current account surplus … the increased amounts and frequency of the Bank of Japan’s (BoJ) liquidity operations. The near-term economic outlook is …
Persistent link: https://www.econbiz.de/10014403566
Japan’s economy is gaining strength, but vulnerability to sovereign risk is rising. The new government has a greater …. Global events have focused on Japan’s fiscal problems, and raised the urgency for fiscal adjustment. Easing measures by the … Bank of Japan (BoJ) will help recovery and address the risks of deflation. The banking sector has improved, but faces a …
Persistent link: https://www.econbiz.de/10014403716
This paper reviews economic and policy developments in Japan during the 1990s. It suggests that, while growth is likely …
Persistent link: https://www.econbiz.de/10014397481