This 2013 Article IV Consultation highlights that on the back of new policy framework, growth in Japan accelerated … yen. Inflation expectations have started to increase, and actual inflation recorded positive growth in June. The near …

bolstering the economy’s resilience to shocks and fostering productivity growth. Inflation is a priority and monetary policy … cannot fight inflation alone; concerted efforts on other fronts are also necessary. Near-term fiscal policy could better …

, indicating a stronger growth outlook for the second half of 2013. The near-term outlook is for moderate growth and inflation at …

monetary policy and exchange rate decisions more closely with its inflation. Maintaining central bank independence and …

stance given the upside risks to inflation. …

aftermath of the global crisis with low inflation; but for further stable growth, certain policy frameworks and reforms need to … be reinforced. The fiscal stance should be made tighter to mitigate risks of inflation and external imbalances. Interest …

economy, Singapore is particularly exposed to external risks related to a protracted period of slower growth in advanced and … emerging economies, a continued buildup and eventual unwinding of excess capacity in China, an abrupt surge in financial market … strengthened in the context of a rapidly aging population. Policy assessment. Singapore continues to implement a strong set of …

sharply in the first half of 2013. This reflects shifts in G3 (U.S., Europe, and Japan) demand and global risk appetite. At …

rotation back to domestic demand-led growth, the current account deficit is widening again, while inflation remains above …