Botman, Dennis P. J.; Papa M'B. P. N'Diaye; Edison, Hali J. - International Monetary Fund (IMF) - 2007
Japan's key fiscal challenge is to put public finances on a more sustainable footing. This paper investigates the … macroeconomic implications of alternative fiscal strategies for Japan using the IMF's Global Fiscal Model. The results suggest that … of the world from consolidation in Japan are positive in the medium term, but modest. …