06/12/2005

Why Overcoming Deflation is Crucial to Fiscal Restructuring

Satoshi Shinohara 

Font size

  • S
  • M
  • L
Japan's public sector debt as a percentage of nominal GDP is the largest among advanced economies. To reduce the debt ratio， the government aims to achieve a primary surplus by the early 2010s. However， fiscal restructuring will also require overcoming deflation so that the nominal GDP growth rate can accelerate.

Satoshi Shinohara

Research field

X Facebook
Download PDF

Social media account

レポート紹介