The OECD released a report on Japan. Japan has navigated the dual shock of the pandemic and the energy crisis well. However, significant headwinds from weak global growth, geopolitical tensions and high inflation highlight the importance of enhancing the Japanese economy’s resilience to shocks. In the context of inflation, which has risen above target, and pressures from divergent monetary policy from peers, adjustments to monetary policy settings have commenced. Given high public debt, fiscal consolidation to rebuild fiscal buffers, underpinned by a credible medium-term fiscal framework to put the debt-to-GDP ratio on a clear downward path, is key.

Source: OECD
 

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The EU Japan Centre is releasing a weekly press review covering Japan's economic and policy matters…
The EU Japan Centre is releasing a weekly press review covering Japan's economic and policy matters…
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18/06/2025
EU-Japan Centre for Industrial Cooperation Zoom WebinarTrends in EU Policy and Approaches to Engagement in the Policy-Making Proces  Wednesday, 18 June 2025, 17:00-18:15 Tokyo (10:00-11:15…
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