| Description |
1 online resource (62 pages) : color illustrations |
| Series |
IMF country reports ; 13/254 |
|
IMF country report ; no. 13/254.
|
| Summary |
This Selected Issues paper examines implications for long-term bond yields in case of Japan. The analysis finds that so far, upward pressure on interest rates from high public debt has been offset by domestic factors, including a stable investor base with a preference for safe assets. As these effects could decline with population aging, yields could rise unless reforms are implemented to stimulate growth and reduce the public debt-to-GDP ratio. In such a scenario, long-term Japanese government bond rates would remain relatively low and stable. The paper also analyzes to what extent rising health care spending poses a fiscal risk to Japan's economy |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from PDF title page (ebrary, viewed September 28, 2013) |
| Subject |
Economic history
|
|
Economic policy
|
| SUBJECT |
Japan -- Economic policy.
http://id.loc.gov/authorities/subjects/sh85069409
|
|
Japan -- Economic conditions.
http://id.loc.gov/authorities/subjects/sh85069403
|
| Subject |
Japan
|
| Form |
Electronic book
|
| ISBN |
9781484349410 |
|
1484349415 |
|
