Government Debt and Monetary Policy Perspectives in Japan-Reference-Cited by-同舟云学术

Government Debt and Monetary Policy Perspectives in Japan

Published:2023-05-11 Issue:1 Volume:20 Page:131-134
ISSN:1553-3832
Container-title:The Economists’ Voice
language:en
Short-container-title:

Author:

Miyamoto Hiroaki¹^ORCID

Affiliation:

1. Tokyo Metropolitan University , Hachioji , Japan

Abstract

Abstract Amid rising global inflation, Japan, which has long struggled with deflation, is now witnessing increasing prices. Inflation and the appointment of a new Bank of Japan governor in April 2023 bring the future of its monetary policy into question. Changes in monetary policy could significantly impact the economy, particularly public finances, given Japan’s high debt. The Bank of Japan must carefully observe market reactions to changes in monetary policy, while the government should aim to improve its fiscal situation. In the meantime, Japan must carefully consider the effectiveness and potential drawbacks of monetary and fiscal policies.

Publisher

Walter de Gruyter GmbH

Subject

General Economics, Econometrics and Finance,General Business, Management and Accounting

Link

https://www.degruyter.com/document/doi/10.1515/ev-2023-0023/pdf

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