Japan has the most rapidly aging population in the world. This affects growth and fiscal sustainability, but the … advanced countries as well, but we find that deflation risk from aging is not inevitable as ambitious structural reforms and an …

This 2013 Article IV Consultation highlights that on the back of new policy framework, growth in Japan accelerated …

complementary monetary policy tool to stimulate the economy and combat the risks of deflation when the policy interest rate is at …

still to be articulated. Uncertainty is therefore high whether the recovery and exit from deflation will become self … ending deflation The next round of structural reforms should lift labor supply, reduce labor market duality, enhance risk … materialize, the Bank of Japan (BoJ) should act swiftly through further and/or longer- dated asset purchases. Communication should …

This Selected Issues paper examines implications for long-term bond yields in case of Japan. The analysis finds that so …

This paper examines the role of Japan against that of China in the exchange rate regime in East Asia in light of … generate higher average welfare gains for East Asian countries than currency unions with Japan or the United States. Overall …, Japan does not appear to be a dominant player in forming a currency union in East Asia, and this trend is likely to continue …