Medium Term

Economic Forecast (47th / FY2020-FY2035)

Economy before and after the Coronavirus Crisis

- Real GDP level will fall by 2% due to rapid expansion of debt
- Prolonged virus outbreak and intensified international friction will result in “nightmare scenario”

Tatsuo KOBAYASHI
  Principal Economist
Sumio SARUYAMA
  Lead Economist
Katsuaki OCHIAI
  Specially Appointed Fellow

2020/08/11

  The Japan Center for Economic Research (JCER) has revised its medium-term economic forecast on how the trajectory of economic growth will change with the coronavirus crisis. It was compared wi

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2020/08/11

Economy before and after the Coronavirus Crisis

- Real GDP level will fall by 2% due to rapid expansion of debt
- Prolonged virus outbreak and intensified international friction will result in “nightmare scenario”

Economic Forecast 47th FY2020-FY2035

Tatsuo KOBAYASHISumio SARUYAMAKatsuaki OCHIAI