The economist Intelligence Unit forecasts that the opposition Democratic Party of Japan (DPJ) will win a r..."> The economist Intelligence Unit forecasts that the opposition Democratic Party of Japan (DPJ) will win a r..."/>
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Country Report Japan

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The economist Intelligence Unit forecasts that the opposition Democratic Party of Japan (DPJ) will win a resounding victory in thee election for the House of Representatives (the lower house of parliament) on August 30th. The DPJ has expressed a desire to complement Japan's alliance with the US with closer relations with China and the rest of East Asia, but there is unlikely to be a major change in policy towards the US. Fiscal stimulus packages, combined with lower tax revenue , will cause the budget deficit to widen to 7.4% of GDP in 2009 and 8% in 2010. The Bank of Japan (BOJ, the central bank) is expectd to keep its main policy interest rate, the target for the overnight call rate, at 0.1% for the remainder of 2009 and throughout 2010. The forecast contraction in real GDP in 2009 has been revised to 6.2%, from 6.8% previously, following an unexpectedly strong performance in the second quarter. The recovery in 2010 will be modest, with growth forecast at 1.3%. The domestic corporate-goods price index was down by 8.5% year on year in July. This, combined with substantial excess capacity in product markets, reinforces our view that Japan will experience price deflation in 2009 - 2010.

Ketersediaan
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2014.1
Tersedia
Informasi Detail
Judul Seri
-
No. Panggil
330.952.05 Eco c
Penerbit
London : Economist Intellgince Unit (EIU).,
Deskripsi Fisik
27 x 21 cm. 39 Hal.
Bahasa
English
ISBN/ISSN
0269-6681
Klasifikasi
-
Tipe Isi
-
Tipe Media
-
Tipe Pembawa
-
Edisi
-
Subjek
Economic Report - Japan
Info Detail Spesifik
-
Pernyataan Tanggungjawab
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