Japan's Challenging Debt Dynamics:
This working paper presents the background and the details of the simulations behind Box 1.4 of the May 2013 OECD Economic Outlook. A small simulation model is used to evaluate the contribution that the three pillars of the government's strategy - fiscal consolidation, growth-boosting structura...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Weitere Verfasser: | |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2013
|
| Schriftenreihe: | OECD Economics Department Working Papers
no.1085 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This working paper presents the background and the details of the simulations behind Box 1.4 of the May 2013 OECD Economic Outlook. A small simulation model is used to evaluate the contribution that the three pillars of the government's strategy - fiscal consolidation, growth-boosting structural reforms and higher inflation - could make to reversing the rise in Japan's public debt ratio, currently about 230% of GDP. The findings indicate that fiscal consolidation amounting to around 10 percentage points of GDP is necessary by 2020 to eliminate the primary deficit, as targeted in the current medium-term fiscal strategy. With moderately higher growth coming from increased female labour force participation and higher productivity growth, as well as inflation gradually rising to 2% thanks to unconventional monetary policy measures, the debt ratio would likely be put on a resolute downward trajectory by the end of this decade, although it is likely to remain around 200% of GDP in 2035. |
| Beschreibung: | 1 Online-Ressource (16 p.) 21 x 29.7cm. |
| DOI: | 10.1787/5k41w045v6mp-en |
Internformat
MARC
| LEADER | 00000cam a22000002 4500 | ||
|---|---|---|---|
| 001 | ZDB-13-SOC-061256722 | ||
| 003 | DE-627-1 | ||
| 005 | 20231204121321.0 | ||
| 007 | cr uuu---uuuuu | ||
| 008 | 210204s2013 xx |||||o 00| ||eng c | ||
| 024 | 7 | |a 10.1787/5k41w045v6mp-en |2 doi | |
| 035 | |a (DE-627-1)061256722 | ||
| 035 | |a (DE-599)KEP061256722 | ||
| 035 | |a (FR-PaOEC)5k41w045v6mp-en | ||
| 035 | |a (EBP)061256722 | ||
| 040 | |a DE-627 |b ger |c DE-627 |e rda | ||
| 041 | |a eng | ||
| 084 | |a E63 |2 jelc | ||
| 084 | |a H68 |2 jelc | ||
| 100 | 1 | |a Guillemette, Yvan |e VerfasserIn |4 aut | |
| 245 | 1 | 0 | |a Japan's Challenging Debt Dynamics |c Yvan, Guillemette and Jan, Stráský = L'inquiétante évolution de la dette publique au Japon / Yvan, Guillemette et Jan, Stráský |
| 246 | 3 | 3 | |a L'inquiétante évolution de la dette publique au Japon |
| 264 | 1 | |a Paris |b OECD Publishing |c 2013 | |
| 300 | |a 1 Online-Ressource (16 p.) |c 21 x 29.7cm. | ||
| 336 | |a Text |b txt |2 rdacontent | ||
| 337 | |a Computermedien |b c |2 rdamedia | ||
| 338 | |a Online-Ressource |b cr |2 rdacarrier | ||
| 490 | 0 | |a OECD Economics Department Working Papers |v no.1085 | |
| 520 | |a This working paper presents the background and the details of the simulations behind Box 1.4 of the May 2013 OECD Economic Outlook. A small simulation model is used to evaluate the contribution that the three pillars of the government's strategy - fiscal consolidation, growth-boosting structural reforms and higher inflation - could make to reversing the rise in Japan's public debt ratio, currently about 230% of GDP. The findings indicate that fiscal consolidation amounting to around 10 percentage points of GDP is necessary by 2020 to eliminate the primary deficit, as targeted in the current medium-term fiscal strategy. With moderately higher growth coming from increased female labour force participation and higher productivity growth, as well as inflation gradually rising to 2% thanks to unconventional monetary policy measures, the debt ratio would likely be put on a resolute downward trajectory by the end of this decade, although it is likely to remain around 200% of GDP in 2035. | ||
| 650 | 4 | |a Economics | |
| 650 | 4 | |a Japan | |
| 700 | 1 | |a Stráský, Jan |e MitwirkendeR |4 ctb | |
| 856 | 4 | 0 | |l FWS01 |p ZDB-13-SOC |q FWS_PDA_SOC |u https://doi.org/10.1787/5k41w045v6mp-en |3 Volltext |
| 912 | |a ZDB-13-SOC | ||
| 912 | |a ZDB-13-SOC | ||
| 951 | |a BO | ||
| 912 | |a ZDB-13-SOC | ||
| 049 | |a DE-863 | ||
Datensatz im Suchindex
| DE-BY-FWS_katkey | ZDB-13-SOC-061256722 |
|---|---|
| _version_ | 1816797341907156992 |
| adam_text | |
| any_adam_object | |
| author | Guillemette, Yvan |
| author2 | Stráský, Jan |
| author2_role | ctb |
| author2_variant | j s js |
| author_facet | Guillemette, Yvan Stráský, Jan |
| author_role | aut |
| author_sort | Guillemette, Yvan |
| author_variant | y g yg |
| building | Verbundindex |
| bvnumber | localFWS |
| collection | ZDB-13-SOC |
| ctrlnum | (DE-627-1)061256722 (DE-599)KEP061256722 (FR-PaOEC)5k41w045v6mp-en (EBP)061256722 |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1787/5k41w045v6mp-en |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>02338cam a22003972 4500</leader><controlfield tag="001">ZDB-13-SOC-061256722</controlfield><controlfield tag="003">DE-627-1</controlfield><controlfield tag="005">20231204121321.0</controlfield><controlfield tag="007">cr uuu---uuuuu</controlfield><controlfield tag="008">210204s2013 xx |||||o 00| ||eng c</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/5k41w045v6mp-en</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-627-1)061256722</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)KEP061256722</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(FR-PaOEC)5k41w045v6mp-en</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(EBP)061256722</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-627</subfield><subfield code="b">ger</subfield><subfield code="c">DE-627</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1=" " ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">E63</subfield><subfield code="2">jelc</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">H68</subfield><subfield code="2">jelc</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Guillemette, Yvan</subfield><subfield code="e">VerfasserIn</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Japan's Challenging Debt Dynamics</subfield><subfield code="c">Yvan, Guillemette and Jan, Stráský = L'inquiétante évolution de la dette publique au Japon / Yvan, Guillemette et Jan, Stráský</subfield></datafield><datafield tag="246" ind1="3" ind2="3"><subfield code="a">L'inquiétante évolution de la dette publique au Japon</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2013</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (16 p.)</subfield><subfield code="c">21 x 29.7cm.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="a">Text</subfield><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="a">Computermedien</subfield><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="a">Online-Ressource</subfield><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">OECD Economics Department Working Papers</subfield><subfield code="v">no.1085</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">This working paper presents the background and the details of the simulations behind Box 1.4 of the May 2013 OECD Economic Outlook. A small simulation model is used to evaluate the contribution that the three pillars of the government's strategy - fiscal consolidation, growth-boosting structural reforms and higher inflation - could make to reversing the rise in Japan's public debt ratio, currently about 230% of GDP. The findings indicate that fiscal consolidation amounting to around 10 percentage points of GDP is necessary by 2020 to eliminate the primary deficit, as targeted in the current medium-term fiscal strategy. With moderately higher growth coming from increased female labour force participation and higher productivity growth, as well as inflation gradually rising to 2% thanks to unconventional monetary policy measures, the debt ratio would likely be put on a resolute downward trajectory by the end of this decade, although it is likely to remain around 200% of GDP in 2035.</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Economics</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Japan</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Stráský, Jan</subfield><subfield code="e">MitwirkendeR</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="l">FWS01</subfield><subfield code="p">ZDB-13-SOC</subfield><subfield code="q">FWS_PDA_SOC</subfield><subfield code="u">https://doi.org/10.1787/5k41w045v6mp-en</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="951" ind1=" " ind2=" "><subfield code="a">BO</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-863</subfield></datafield></record></collection> |
| id | ZDB-13-SOC-061256722 |
| illustrated | Not Illustrated |
| indexdate | 2024-11-26T14:56:03Z |
| institution | BVB |
| language | English |
| open_access_boolean | |
| owner | DE-863 DE-BY-FWS |
| owner_facet | DE-863 DE-BY-FWS |
| physical | 1 Online-Ressource (16 p.) 21 x 29.7cm. |
| psigel | ZDB-13-SOC |
| publishDate | 2013 |
| publishDateSearch | 2013 |
| publishDateSort | 2013 |
| publisher | OECD Publishing |
| record_format | marc |
| series2 | OECD Economics Department Working Papers |
| spelling | Guillemette, Yvan VerfasserIn aut Japan's Challenging Debt Dynamics Yvan, Guillemette and Jan, Stráský = L'inquiétante évolution de la dette publique au Japon / Yvan, Guillemette et Jan, Stráský L'inquiétante évolution de la dette publique au Japon Paris OECD Publishing 2013 1 Online-Ressource (16 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.1085 This working paper presents the background and the details of the simulations behind Box 1.4 of the May 2013 OECD Economic Outlook. A small simulation model is used to evaluate the contribution that the three pillars of the government's strategy - fiscal consolidation, growth-boosting structural reforms and higher inflation - could make to reversing the rise in Japan's public debt ratio, currently about 230% of GDP. The findings indicate that fiscal consolidation amounting to around 10 percentage points of GDP is necessary by 2020 to eliminate the primary deficit, as targeted in the current medium-term fiscal strategy. With moderately higher growth coming from increased female labour force participation and higher productivity growth, as well as inflation gradually rising to 2% thanks to unconventional monetary policy measures, the debt ratio would likely be put on a resolute downward trajectory by the end of this decade, although it is likely to remain around 200% of GDP in 2035. Economics Japan Stráský, Jan MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/5k41w045v6mp-en Volltext |
| spellingShingle | Guillemette, Yvan Japan's Challenging Debt Dynamics Economics Japan |
| title | Japan's Challenging Debt Dynamics |
| title_alt | L'inquiétante évolution de la dette publique au Japon |
| title_auth | Japan's Challenging Debt Dynamics |
| title_exact_search | Japan's Challenging Debt Dynamics |
| title_full | Japan's Challenging Debt Dynamics Yvan, Guillemette and Jan, Stráský = L'inquiétante évolution de la dette publique au Japon / Yvan, Guillemette et Jan, Stráský |
| title_fullStr | Japan's Challenging Debt Dynamics Yvan, Guillemette and Jan, Stráský = L'inquiétante évolution de la dette publique au Japon / Yvan, Guillemette et Jan, Stráský |
| title_full_unstemmed | Japan's Challenging Debt Dynamics Yvan, Guillemette and Jan, Stráský = L'inquiétante évolution de la dette publique au Japon / Yvan, Guillemette et Jan, Stráský |
| title_short | Japan's Challenging Debt Dynamics |
| title_sort | japan s challenging debt dynamics |
| topic | Economics Japan |
| topic_facet | Economics Japan |
| url | https://doi.org/10.1787/5k41w045v6mp-en |
| work_keys_str_mv | AT guillemetteyvan japanschallengingdebtdynamics AT straskyjan japanschallengingdebtdynamics AT guillemetteyvan linquietanteevolutiondeladettepubliqueaujapon AT straskyjan linquietanteevolutiondeladettepubliqueaujapon |