Japan [electronic resource] : 2006 Article IV Consultation: Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion.

International Monetary Fund
Washington, D.C. : International Monetary Fund, 2006.
IMF eLibrary
IMF Staff Country Reports; Country Report No. 06/275.
IMF Staff Country Reports; Country Report No. 06/275
Government document
1 online resource (57 p.)
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Adjustment process. (search)
Agricultural subsidies. (search)
Antitrust law. (search)
Article IV consultation reports. (search)
Balance of payments. (search)
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Budgetary funds. (search)
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Current account balance. (search)
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International standards. (search)
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Skilled workers. (search)
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Japan. (search)
Japan showed strong economic recovery from the crisis. Executive Directors welcomed the development and stressed the need for a strong monetary framework, well-designed fiscal consolidation, and structural reforms. Directors agreed that the Bank of Japan’s monetary framework is well suited to the post deflation environment and welcomed the improvement in transparency. Directors appreciated the progress in fiscal consolidation and structural reforms. They encouraged the authorities to maintain an ambitious reform program to support balanced global growth and an orderly resolution of global current account imbalances.
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