OECD Economic Surveys: Japan

Frequency :
Tous les 18 mois
ISSN :
1999-012X (en ligne)
ISSN :
1995-3062 (imprimé)
DOI :
10.1787/1999012x
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OECD’s periodic surveys of the Japanese economy. Each edition surveys the major challenges faced by the country, evaluates the short-term outlook, and makes specific policy recommendations. Special chapters take a more detailed look at specific challenges. Extensive statistical information is included in charts and graphs.

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OECD Economic Surveys: Japan 1998

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Auteur(s):
OCDE
Date de publication :
18 déc 1998
Pages :
224
ISBN :
9789264151321 (PDF) ; 9789264160071 (imprimé)
DOI :
10.1787/eco_surveys-jpn-1998-en

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OECD's 1998 survey of Japan's economy.  This edition includes chapters covering origins of the current difficulties, policy responses and current prospects, structural reform, and reinvigorating business sector dynamism.

Egalement disponible en: Français

Table des matières

Assessment and recommendations
I. Origins of the current difficulties
-A brief review of developments in the 1990s
-Front-loaded fiscal tightening in 1997 and the reaction of the economy
-The legacy of the asset price bubble of the 1980s
II. Policy responses and economic prospects
-The macroeconomic context
-The fiscal policy reversal
-The monetary policy dilemma
-Dealing with the banking system’s balance sheet problems
-Recent developments and the short-term outlook
-Assessing the sustainable growth rate
III. Enhancing medium-term prospects through structural reform
-The overall reform strategy: careful planning but slow implementation
-Progress in regulatory reform: potentially more than meets the eye but considerable uncertainty
-Financial reform: finally coming on-stream
-Agriculture: struggling with policy reform
-Environmental policy: meeting the Kyoto commitments
-Commercial policy: keeping trade tensions to a minimum
-Public sector reform: streamlining but no change in bureaucratic incentives
-Labour market reform: increasing flexibility without adding to insecurity
-Health insurance reform: progress but some way to go
-Pension reform: boosting financial returns to offset the effects of ageing populations
-Consumer and competition policy: strengthening the market mechanism
IV. Reinvigorating business sector dynamism
-Introduction
-Waning business dynamism: indicators and possible reasons
-Some recent developments
-Enhancing business dynamism
-Summing up
Bibliography
Annex
-Chronology of main economic events