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Japan: Staff Report for the 2012 Article IV Consultation
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2012: Issue 208
Language:
English
Publication Date:
01 Aug 2012
DOI:
https://doi.org/10.5089/9781475506334.002
ISBN:
9781475506334
ISSN:
1934-7685
Pages:
50
Keywords:
ISCR; CR; consultation; evaluation report; IV; evaluation; headline inflation; due diligence; credit intermediation; I. membership status; reconstruction spending; tax bill; core inflation; Fiscal consolidation; Consumption taxes; Inflation; Global; Europe; Asia and Pacific
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The Japanese economy has shown robust growth after the March 2011 Great East Japan earthquake. Post-earthquake, Japan has had to deal with devastating human toll and destruction, while businesses and households have had to recover from the losses. Exports were impacted by supply chain disruptions, weak global demand, and an appreciation of the yen. The Executive Board noted, however, that despite a weak global demand, the Japanese economy has shown remarkable resilience to severe economic distress and moderate market shocks.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund