Download or read book Revisiting Japan s External Adjustment Since 1985 written by Mr.Guy Meredith and published by International Monetary Fund. This book was released on 1993-06-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The factors that explain Japan’s external performance since the mid-1980s are controversial. While the current account surplus eventually declined following exchange rate changes in 1985-86, a widening since 1990 has led to renewed scepticism about the role of relative price movements in bringing about external adjustment. This paper revisits the post-1985 experience to determine whether it can be explained by traditional factors. The results indicate that, over the period as a whole, the behavior of trade volumes and prices was similar to that predicted by traditional relationships. In particular, relative price movements played an important role in reducing the surplus: in their absence, it would have widened further.
Download or read book Structural Change in Japan written by Mr.Tamim Bayoumi and published by International Monetary Fund. This book was released on 1998-06-09 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume, by Bijan B. Aghevli, Tamim Bayoumi, and Guy Meredith, 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. Discussion of teh day-to-day management of the standard levers of fiscal and monetary policy is interlinked with consideration for the more deep-seated structural issues. By shifting and destabilizing the underlying economic relationships and creating uncertainty, structural change complicates the task of policy analysis. This volume describes how the IMF is responding to these challenges and how outside experts assess this effect.
Download or read book Japan s Lost Decade written by Mr.Tim Callen and published by International Monetary Fund. This book was released on 2003-02-13 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan’s weak economic performance in the 1990s has had implications not only for its own people, but for the world economy more generally, given Japan’s importance as a trading partner and supplier of capital. Therefore, it is essential that Japan unlock its growth potential. The IMF has worked with the Japanese authorities to identify the policies needed to bring Japan’s economy out of its recent slump. This book contributes to this ongoing debate, whose major topics include the need for an integrated policy strategy based on the decisive restructuring of the banking and corporate sectors, combined with macroeconomic policies designed to bring an end to deflation.
Download or read book The Japanese Economy written by David Flath and published by Oxford University Press. This book was released on 2022-05-12 with total page 529 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Japanese Economy, 4th Edition is for anyone curious about economics, for it is impossible to appreciate economics without vivid examples of its application. This book is also for anyone broadly interested in Japan, for it is impossible to fully understand Japan without learning what basic economics has to say about it, which is much. To know Japan - or any country for that matter - is more than an ability to recite a litany of facts about its history, geography, institutions, and culture. Disciplined thinking is needed to organize the disparate facts into a coherent system that can be grasped whole. Modern economics is the academic discipline underlying this book. The book uses economics and explains it, but without presuming the reader has any prior knowledge of it. The main object of interest is Japan. It starts with Japan's economic history since the late sixteenth century through the twentieth century. It then addresses contemporary topics in Japan's economy, beginning with ones that require an economy - wide perspective - economic growth and the business cycle, exchange rates, and the balance of trade. The discussion then moves on to sectors of the economy: the public sector, industry and trade, the financial system, the labor market, and more. The chapters can be read in any order, but four threads run through all the chapters and link them: Japan's economic growth and development, Japan's integration with the world economy, government policies and their effects, and peculiar economic institutions and practices.
Download or read book Japan written by International Monetary Fund and published by International Monetary Fund. This book was released on 2000-11-02 with total page 113 pages. Available in PDF, EPUB and Kindle. Book excerpt: A sustained decline in fertility rates underlies a rapid aging and decline of Japan's population. This will have profound social and economic implications. The paper illustrates the difficult situation facing Japanese fiscal policy in the years ahead. The findings of this paper indicate that there may be a role for foreign exchange interventions in providing stimulus at the current conjuncture. Deposit insurance reform is a central element in the government strategy to strengthen the Japanese banking system. The unemployment-deflation puzzle in Japan has been explained.
Download or read book IMF Staff papers written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1993-01-01 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses alternative auction techniques for pricing and allocating various financial instruments, such as government securities, central bank refinance credit, and foreign exchange. Before recommending appropriate formats for auctioning these items, the paper discusses basic auction formats, assessing the advantages and disadvantages of each, based on the existing, mostly theoretical, literature. It is noted that auction techniques can be usefully employed for a broad range of items and that their application is of particular relevance to the impetus in many parts of the world toward establishing market-oriented economies.
Download or read book IMF Working Paper written by and published by . This book was released on 1993 with total page 676 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Rethinking Japanese Security written by Peter J. Katzenstein and published by Routledge. This book was released on 2008-03-11 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the unexpected end of the Cold War, standard arguments about power politics can no longer be adopted uncritically. This has led to a renewed interest in Japan’s unusually peaceful security policy. Japan’s championing of "comprehensive security" is central to this collection. Peter J. Katzenstein’s essays explore this concept which not only encompasses traditional military concerns but also domestic aspects of security. The book's focus on counter-terrorism and national security highlights a policy approach which, over decades, Japan has developed with political patience and diplomatic finesse. These essays advocate an eclectic approach that helps in recognizing new questions and that seek to combine elements from different analytical perspectives in the exploration of novel lines of argument. Additionally, the book features an entirely new, substantial introduction that explores and elaborates the themes of the collection while bringing it up to date. This collection will be of significant interest to students and scholars of Japanese politics, security studies and international relations.
Download or read book The Chicago Plan Revisited written by Mr.Jaromir Benes and published by International Monetary Fund. This book was released on 2012-08-01 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the height of the Great Depression a number of leading U.S. economists advanced a proposal for monetary reform that became known as the Chicago Plan. It envisaged the separation of the monetary and credit functions of the banking system, by requiring 100% reserve backing for deposits. Irving Fisher (1936) claimed the following advantages for this plan: (1) Much better control of a major source of business cycle fluctuations, sudden increases and contractions of bank credit and of the supply of bank-created money. (2) Complete elimination of bank runs. (3) Dramatic reduction of the (net) public debt. (4) Dramatic reduction of private debt, as money creation no longer requires simultaneous debt creation. We study these claims by embedding a comprehensive and carefully calibrated model of the banking system in a DSGE model of the U.S. economy. We find support for all four of Fisher's claims. Furthermore, output gains approach 10 percent, and steady state inflation can drop to zero without posing problems for the conduct of monetary policy.
Download or read book The United States Japan Current Account Imbalance written by Stepehn S. Golub and published by . This book was released on 1994 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Japan Selected Issues written by and published by . This book was released on with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Japanese Political Economy Revisited written by David Chiavacci and published by Routledge. This book was released on 2020-11-25 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last 30 years, the Japanese political economy system has experienced significant changes that are usually not well understood or analysed because of their complexity and contradictions. This book provides new analyses and insights on the process of evolving Japanese political economy including Japan’s current economic policy known as Abenomics. The first three chapters looks at evolutions at the corporate level, characterised in recent years by increasing firm heterogeneity. The authors apply theoretically driven analyses to the complex subject of corporate governance, human resource management and corporate reporting by discussing new developments in context of their economic opportunities as well as of their institutional contradictions with continuities in Japanese business practices. The second group of chapters deals with institutional changes and evolving economic reforms on the macro level of political economy. The two chapters focus on the financial system regulation and economic growth policies as two central elements of Japan’s political economy and key drivers in the evolution of its economy. Their analysis allows us to better understand the interplay between reforms and change in consumption credit and to reinterpret Abenomics as a manifestation of ongoing contradictions within the Japanese political economy. The chapters were originally published in a special issue in Japan Forum.
Download or read book Rethinking the East Asian Miracle written by Joseph E. Stiglitz and published by World Bank Publications. This book was released on 2001-06-01 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides highly illuminating, analytic perspectives on key facets of the East Asian economies. It discusses weaknesses in the financial sector, corporate governance, exchange rate and trade policies, regulatory capability, and proposes remedies. Rethinking the East Asian Miracle is an indispensable book for all those with an interest in East Asia's prospects in the early decades of the new century.
Download or read book Rethinking Psychiatry written by Arthur Kleinman and published by Simon and Schuster. This book was released on 2008-06-30 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Kleinman proposes an international view of mental illness and mental care. Arthur Kleinman, M.D., examines how the prevalence and nature of disorders vary in different cultures, how clinicians make their diagnoses, and how they heal, and the educational and practical implications of a true understanding of the interplay between biology and culture.
Download or read book Asian Bibliography written by and published by . This book was released on 1994 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Out from Underdevelopment Revisited written by James H. Mittelman and published by Springer. This book was released on 2016-07-27 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Development may be best understood in terms of the interplay among capital accumulation, the state, and class. Subject to globalizing structures, classes, in turn, are examined in light of their interactions with culture, especially gender and religion as well as ecology. Case-studies - Brazil, the Asian newly industrializing countries, China, and Mozambique - reveal three possibilities for overcoming underdevelopment: joining, leaving, or weaving through global capitalism. The conclusions do not fail to present specific principles upon which policies can be based.
Download or read book Index of Economic Articles in Journals and Collective Volumes written by and published by . This book was released on 1995 with total page 1418 pages. Available in PDF, EPUB and Kindle. Book excerpt:
