Structural Change in Japan: Macroeconomic Impact and Policy Challenges
Author： Mr. Tamim Bayoumi Mr. Guy Meredith Bijan B. Aghevli
Publisher： INTERNATIONAL MONETARY FUND
Publication year： 1998
E-ISBN: 9781455227501
P-ISBN(Paperback): 9781557756961
Subject： D Political and Legal;F0 Economics;F8 Finances
Language： ENG
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Description
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.
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