Japan 2022 Article Iv Consultation Press Release Staff Report And Statement By The Executive Director For Japan

Download or read book Japan: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Japan written by International Monetary and published by International Monetary Fund. This book was released on 2022-04-06 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pre-COVID-19, economic policies under “Abenomics” helped ease financial conditions, exit deflation, and raise labor market participation, but fell short on the deep reforms needed to raise productivity and achieve inclusive and sustainable growth. The Japanese economy is now recovering from the pandemic amid strong policy support that has helped to mitigate the downturn. Japan had substantially lower rates of COVID-related infections and deaths than most advanced economies.