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Japan: Staff Report for the 2002 Article IV Consultation

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  • International Monetary Fund

Abstract

This 2002 Article IV Consultation highlights that the economy of Japan rebounded strongly in the first quarter of 2002. Global recovery underpinned a large net export contribution, while special transitory factors—including unseasonably warm weather and anomalies in the small single-family spending survey—boosted household spending. Earlier fiscal stimulus measures boosted public demand, but business and residential investment continued to slump. Even with the strong growth in the first quarter of 2002, real GDP is nevertheless expected to decline by about ½ percent on an annual-average basis for 2002 as a whole.

Suggested Citation

  • International Monetary Fund, 2002. "Japan: Staff Report for the 2002 Article IV Consultation," IMF Staff Country Reports 2002/175, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2002/175
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=16013
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    Cited by:

    1. Mr. Vivek B. Arora, 2007. "Monetary Policy Transparency and Financial Market Forecasts in South Africa," IMF Working Papers 2007/123, International Monetary Fund.
    2. Lars E.O. Svensson, 2003. "Escaping from a Liquidity Trap and Deflation: The Foolproof Way and Others," Journal of Economic Perspectives, American Economic Association, vol. 17(4), pages 145-166, Fall.
    3. Mr. Tamon Asonuma & Gerardo Peraza & Kristine Vitola & Mr. Takahiro Tsuda, 2014. "Sovereign Debt Restructurings in Belize: Achievements and Challenges Ahead," IMF Working Papers 2014/132, International Monetary Fund.
    4. Terry McKinley, 2006. "Gearing Public Finance to Growth, Employment and Poverty Reduction in Moldova," Research Report 3, International Policy Centre for Inclusive Growth.
    5. Hend Al-Sheikh & S. Nuri Erbas, 2012. "The Oil Curse and Labor Markets: The Case of Saudi Arabia," Working Papers 697, Economic Research Forum, revised 2012.
    6. Tamon Asonuma & Michael G. Papaioannou & Gerardo Peraza & Kristine Vitola & Takahiro Tsuda, 2017. "Sovereign Debt Restructurings in Belize: Debt Sustainability and Financial Stability Aspects," Journal of Banking and Financial Economics, University of Warsaw, Faculty of Management, vol. 2(8), pages 5-26, October.

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