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Japan has the most rapidly aging population in the world. This affects growth and fiscal sustainability, but the …
Persistent link: https://www.econbiz.de/10014411443
Japan’s high corporate savings might be holding back growth. We focus on the causes and consequences of the current … corporate behavior and suggest options for reform. In particular, Japan’s weak corporate governance—as measured by available … comprehensive corporate governance reform should be a key component of Japan’s growth strategy …
Persistent link: https://www.econbiz.de/10014411444
We trace Japanese firms’ behavior over the last decades using aggregate corporate balance sheet data. Financial health of Japanese corporate sector has improved and firms paid back significant amount of debt and rebuilt their liquidity buffers. They also expanded abroad while the pace of...
Persistent link: https://www.econbiz.de/10014411445
capital provision, and accelerate agricultural and services sector deregulation. Corporate governance reforms already underway … materialize, the Bank of Japan (BoJ) should act swiftly through further and/or longer- dated asset purchases. Communication should … and low net interest margins could further undermine core profitability and weaken capital buffers. Supervisors should …
Persistent link: https://www.econbiz.de/10014411458
region because of a reallocation of capital flows toward non-Japan Asia … implications for Japan and Asia of several shocks to the Japanese economy. The results suggest that, while fiscal consolidation in … Japan would initially dampen domestic growth, over the medium term the impact on both the domestic and regional economies …
Persistent link: https://www.econbiz.de/10014399955
economies—Hong Kong SAR, Japan, Singapore, Malaysia, and the Philippines—for the period 1997–2050 using a simulation approach …
Persistent link: https://www.econbiz.de/10014399958
crisis, Japan attempted just such an exit. This note revisits the Bank of Japan’s experience and draws potential lessons for … nature of the assets acquired during the present crisis could pose additional complications, parts of Japan’s arsenal …
Persistent link: https://www.econbiz.de/10014403160
the United States, the euro area, and Japan in the emergence and evolution of today''s global trade imbalances. Simulation … 1999, as well as account for some the surpluses in the euro area and Japan. Differences in TFP developments across sectors …
Persistent link: https://www.econbiz.de/10014403181
This paper describes determinants of Japan’s productivity growth, reform outputs, and speculation on future potential … Bank of Japan’s understanding of price stability and monetary policy; examines the impact of Japan’s inflation and price … stability in both Japan and in the other Asian countries …
Persistent link: https://www.econbiz.de/10014403218
This 2002 Article IV Consultation highlights that the economy of Japan rebounded strongly in the first quarter of 2002 …
Persistent link: https://www.econbiz.de/10014403219