Description: The Japanese economy has been in recession for three years, making it the longest recession in Japan's post-war experience. Groups within and outside Japan are calling on Japan to adopt aggressive fiscal policy measures to boost the Japanese economy and to aid in the recovery of the world economy. Japan has enacted a number of limited measures to stimulate, but it is unlikely to move more aggressively to adopt deficit-financing measures to stimulate its economy for a number of reasons: political and government leaders oppose deficit financing in principle; and under present economic conditions, Japanese officials are more concerned with the effects a fiscal stimulus program will have on the yen, on Japan's trade account, and on its economic recovery.
Date: March 29, 1994
Creator: Jackson, James K.
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department