Japan; 2005 Article IV Consultationâ€”Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

This 2005 Article IV Consultation highlights that the GDP growth in Japan slowed unexpectedly in the second quarter of 2004, after several quarters of above-trend growth. For the full year, GDP rose by 2.6 percent, well below expectations. A significant part of the shortfall reflected a shift to a chain-weighted methodologyâ€”growth on the old methodology was 3.6 percent. Pressure on labor markets from job shedding is slowly abating. Progress in corporate restructuring continues. Cash flow and profits remain buoyant; bankruptcies have fallen to a 10-year low and leverage continues to decline.

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Year of publication:	2005-08-08
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultation reports \| Banking systems \| Economic growth \| Economic indicators \| Economic reforms \| Floating exchange rates \| Gross domestic product \| Staff Reports \| fiscal consolidation \| fiscal policy \| primary deficit \| domestic demand \| public debt \| current account surplus \| fiscal imbalances \| balance of payments \| international standards \| output growth \| current account balance \| tax base \| exchange rate policy \| fiscal data \| fiscal system \| trade liberalization \| fiscal multipliers \| oil prices \| unemployment rate \| public finances \| trade policies \| import barriers \| structural adjustment \| exchange rate regime \| export growth \| multilateral system \| fiscal indicators \| government expenditures \| fair trade \| oil imports \| terms of trade \| government deficit \| budgetary funds \| net exports \| import prices \| import demand \| fiscal program \| aggregate demand \| partner countries \| import penetration \| bilateral agreements \| wholesale price \| trade agreements \| fiscal structure \| liberal trade \| per capita income \| price support \| fiscal measures \| wholesale price index \| tax income \| employment growth \| dynamic gains \| fiscal effort \| partner country \| free trade agreement \| debt service \| interest expenditure \| multilateral liberalization \| commercial policies \| free trade \| domestic prices \| investment flows \| regulatory policies \| fiscal developments \| tax system \| fiscal position \| liberal trade policies \| fiscal years \| regional trade agreements \| fiscal risks \| tax burden \| fiscal rules \| trading system \| fiscal transfers \| external position \| world economy \| government budget \| fiscal problems \| fiscal efforts \| central government budget \| competition law \| regional trade \| fiscal savings \| fiscal sustainability \| trade facilitation \| expansionary fiscal \| trade agreement \| fiscal reforms \| tax cuts \| trading partner \| trade reform \| short-term debt \| fiscal drag \| expansionary fiscal contraction \| fiscal consolidation efforts \| investor protection \| medium-term fiscal sustainability \| tax reforms \| fiscal consolidation on growth \| social security spending \| taxation \| world growth \| agricultural liberalization \| asset market \| agricultural imports \| fiscal contraction \| merchandise trade \| fiscal accounts \| government ? ? ? ? ? ? ? ? ? ? revenue \| multilateral context \| tax authority \| competition laws \| nominal interest rate \| fiscal assumptions \| trade flows \| open market \| fiscal multiplier \| indirect taxes \| barriers to entry

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 05/273 6 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005768567