Summary |
How should Japan cope with the challenges posed by a shrinking and ageing population and the quickening pace of globalization? Japan has largely overcome the legacies of the post-bubble economy of the 1990s, but ongoing demographic changes and greater financial and trade integration with the global economy call for policies that foster competitiveness, increase resilience to shocks, and safeguard growth prospects. With daunting challenges ahead, policymakers are searching for appropriate responses.
This book brings together contributions from IMF economists to the ongoing policy debate. It offers a comprehensive overview of the central policy issues and the unfinished agenda, as well as an authoritative assessment of the domestic and international impact of Japan’s policies. This volume is essential reading for all interested in the resurgence of Japan’s economy and the policy choices that will shape its future.
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