Japan 2022 Article Iv Consultation Press Release Staff Report And Statement By The Executive Director For Japan
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Japan: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Japan
Author | : International Monetary |
Publisher | : International Monetary Fund |
Total Pages | : 83 |
Release | : 2022-04-06 |
Genre | : Business & Economics |
ISBN | : |
Download Japan: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Japan Book in PDF, Epub and Kindle
Pre-COVID-19, economic policies under “Abenomics” helped ease financial conditions, exit deflation, and raise labor market participation, but fell short on the deep reforms needed to raise productivity and achieve inclusive and sustainable growth. The Japanese economy is now recovering from the pandemic amid strong policy support that has helped to mitigate the downturn. Japan had substantially lower rates of COVID-related infections and deaths than most advanced economies.
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