Series: IMF Working Papers
Author(s): Pelin Berkmen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2011
Keywords: tax reform, structural policies, public debt, consumption taxes, Open Economy Macroeconomics, Fiscal Policies and Behavior of Economic Agents: General,
With Japan's public debt reaching historical levels, the need for fiscal consolidation and structural reforms have increased. As fiscal consolidation will require a sustained and large adjustment in the fiscal bala...