Structural change in Japan: macroeconomic impact and policy challenges
- Washington, D.C.: International Monetary Fund 1998
- v, 244p.: ill.
"This volume is based on a seminar on structural change in Japan held in early 1997 and chaired by the IMF's First Deputy Managing Director, Stanley Fischer"--P. 4 of cover. -Includes bibliographical references. - Contents:Introduction / Stanley Fischer -- The yen : summary of staff views / Bijan B. Aghevli -- The yen : past movements and future prospects / Guy Meredith -- External sector : summary of staff views / Bijan B. Aghevli -- Japanese foreign direct investment and regional trade / Tamim Bayoumi and Gabrielle Lipworth -- Monetary policy : summary of staff views / Guy Meredith -- Structural change and information content of financial variables for monetary policy / Christopher Towe -- Background paper : a reexamination of indicators of monetary and financial conditions / Gabrielle Lipworth and Guy Meredith -- Fiscal policy : summary of staff views / Guy Meredith -- The Japanese fiscal system and fiscal transparency / Tamim Bayoumi -- Background paper : Japan's medium- and long-term fiscal challenges / Kenji Okamura -- Concluding remarks.