Intro -- Contents -- Foreword -- Acknowledgments -- 1 Overview -- I ADDRESSING FINANCIAL SECTOR WEAKNESSES -- 2 Current Issues Facing the Financial Sector -- 3 Banks and Credit in Japan -- II CORPORATE RESTRUCTURING AND STRUCTURAL REFORMS -- 4 The Resolution and Collection Corporation and the...

Noting that the aftermath of the global financial crisis has left many advanced economies with very high sovereign debt ratios and some emerging markets with high debt, this report considers whether there are ways to expand fiscal space that do not involve countries paying down debt or promising...

Japan’s weak economic performance in the 1990s has had implications not only for its own people, but for the world economy more generally, given Japan’s importance as a trading partner and supplier of capital. Therefore, it is essential that Japan unlock its growth potential. The IMF has...