Strategies for Fiscal Consolidation in Japan

Strategies for Fiscal Consolidation in Japan
Japan's key fiscal challenge is to put public finances on a more sustainable footing. This paper investigates the macroeconomic implications of alternative fiscal strategies for Japan using the IMF's Global Fiscal Model. The results suggest that: (i) an adjustment package that achieves primary balance through lower social transfers and... READ MORE...

Publication date: February 2007
ISBN 9781451866018
$18.00

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