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Others Global Financial Framework to Ensure Growth

Stabilize Foreign Exchange Rates to Counter a Sovereign Debt Crisis

- Currency reform to end the deflationary economy

 

2013/03/08

The Japan’s growth strategies are not limited to domestic reform. The global financial framework is considered to be a substantial foundation on which the economy develops. A key reason why Japan has been suffering from a deflationary economy is the excessive appreciation of the yen. For this reason, building a framework that eliminates factors making the yen overvalued and one that can manage a future financial crisis will be an effective growth strategy. In addition to aiming to end Japan’s deflationary economy and stimulate medium- to long-term growth, the Japanese government should facilitate the reform of the global currency system primarily by adopting measures to stabilize the foreign exchange market so that it will be able to handle sovereign debt and other crises, and strengthening the International Monetary Fund (IMF).

Articles in our former website

2016/04/27

Time schedule for tax and social security reform should be prepared within two years

- Maintain fiscal discipline by establishing an independent institution
- Implement drastic reform to accelerate growth

Roadmap for Financial Reform

2013/03/08

Stabilize Foreign Exchange Rates to Counter a Sovereign Debt Crisis

- Currency reform to end the deflationary economy

Global Financial Framework to Ensure Growth

2012/10/02

Risks to be forestalled to smoothly raise consumption tax

Policy Proposal To Ward Off Economic Recession And Stem Yen's Ascent

Kazumasa IWATA

2011/03/16

Urgent Need for 5 Trillion Yen Disaster Recovery Package

Policy Proposals for the response of the Great East Japan Earthquake