AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Structural Reform of the Japanese Economy: Basic Policies for Macroeconomic Management.(Brief Article)

Business Credit

| September 01, 2001 | COPYRIGHT 2001 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Distributed by PR Newswire Europe on behalf of the Government of Japan

In January 2001, the Japanese Government chartered a new body--the Council on Economic and Fiscal Policy (CEFP)--chaired by the Prime Minister, to deliberate basic policy directions. On June 26, CEFP compiled a report which outlines a basic framework for macroeconomic management and structural reform of the Japanese economy.

The report declares and manifests the basic outline of "the Koizumi cabinet reform," which was formally decided. The new policy package is designed to achieve the following goals, all of which are crucial for the resurrection of the Japanese economy. First, they aim to resolve the non-performing loans problem within two or three years and to carry through, forcefully, with forward-looking structural reforms that are long overdue. These necessary reforms are listed as "seven programs of structural reform." The next two to three years are regarded as a period of intense adjustment for the Japanese economy. Though they may have to accept low economic growth in the short run. After this adjustment period, they expect that the Japanese economy will overcome the current economic weaknesses and that it will achieve growth driven by private-sector demand ...

Related articles from newspapers, magazines, journals, and more
Government must stay the course on fiscal structural reform.
Newspaper article from: Mainichi Daily News November 12, 2001 700+ words
...pave the way toward economic and fiscal structural reform. Year in and year out, the supplementary...The structure and foundations of the Japanese economy are ailing. The aim of structural reform is to rebuild the structure and foundations...
Basic Policies for Economic and Fiscal Policy Management And Structural Reform...
Press release article from: PR Newswire July 2, 2002 700+ words
...macroeconomic management and structural reform of the economy. The government...Macroeconomic Management and Structural Reform of the Japanese Economy" (June 26, 2001...Immediate Action Program for Structural Reform," in an appropriate and...
Japan to Pursue Structural Reform: Takenaka.
News wire article from: Asia Africa Intelligence Wire July 13, 2003 700+ words
...the government will press ahead with structural reform to ensure economic recovery. The Japanese economy has been showing bright signs, and...by the prime minister and accelerate structural reform. Share prices are rising sharply in...
Structural Reform Common Theme in Europe, Japanese Federation Chair Says.
Newspaper article from: Knight Ridder/Tribune Business News July 11, 2003 700+ words
...of urgency that structural reform is the only to make...defensive in its structural reform strategy. "From...purse offensive structural reform," he said. Okuda was upbeat about the Japanese economy, noting that Japanese...
Koizumi Vows to Firmly Pursue Structural Reform.
News wire article from: Asia Africa Intelligence Wire January 7, 2003 700+ words
...continue to pursue his structural reform agenda. "I have been advocating structural reform for the sake of the revival of the Japanese economy," Koizumi said in a...will continue to pursue structural reform in a steadfast manner...
Special Zones for Structural Reform Getting Under Way.
News wire article from: Asia Africa Intelligence Wire May 1, 2003 700+ words
...special zones for structural reform (special zones...revitalize the ailing Japanese economy. The reform zone...Special Zones for Structural Reform and the related...Special Zones for Structural Reform, said the establishment...
Committing to structural reform.
Newspaper article from: Mainichi Daily News May 3, 2001 700+ words
...that he thought the Japanese economy should be growing...seemed to be urging structural reform and economic growth...way to cure the Japanese economy of its severe problems...sectors. Since structural reform will be one of the...
The Japanese Economy in Balance Sheet Recession.
Magazine article from: Business Economics Koo, Richard C. April 1, 2001 700+ words
...failed to revive the Japanese economy because it is suffering...argue that without structural reform there will be no...performance of the Japanese economy in the 1990s. This...World War II, the Japanese economy had been running...
Koizumi's structural reform--A key for resuscitation of ec.
Magazine article from: Yomiuri Shimbun/Daily Yomiuri September 19, 2001 700+ words
...the future of the Japanese economy. How can the nation...of capital in the Japanese economy are the banks...undergo significant structural reform. This is easy to...the revival of the Japanese economy is to have strong...
Japan Announces Emergency Economic Package to Promote Structural Reform and...
Press release article from: Business Wire April 6, 2001 700+ words
...revitalize the Japanese economy and to strengthen...initiates structural reform and the supporting...performance of the Japanese economy is that corporate...If the Japanese economy is to again...accompany structural reform, the economic...
For more facts and information, see all results

Source: HighBeam Research, Structural Reform of the Japanese Economy: Basic Policies for...

©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA