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Japan

Author

Listed:
  • Rodica Velciu

Abstract

In 2014, the Japanese economy entered in technical recession following two consecutive quarters of negative growth in Q2 and Q3, real GDP growth was down to -0,1%. After a slowdown in demand from China and other Asian countries which account for half of Japan’s exports, the exports fell 4,4%. Fiscal consolidation continued and the general government deficit gradually reduced on the back of steady revenue growth and contained expenditure growth.

Suggested Citation

  • Rodica Velciu, 2015. "Japan," Conjunctura economiei mondiale / World Economic Studies, Institute for World Economy, Romanian Academy.
    • Handle: RePEc:iem:conjun:y:2015:id:2822000009594003
    as

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