Series: Miscellaneous Publication (Other)
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 13 February 2015
Keywords: Japan; Lost decades; Abenomics; Population aging; Structural reforms; Deflation; Quantitative easing; Debt sustainability; Financial sector stability; Spillovers
Since the bursting of the bubble, Japan has been unable to sustain economic recoveries. Monetary policy was unable to beat deflation, structural reforms failed to lift potential growth, and fiscal measures were ins...