Annual Report on Japan' s Economy and Public Finance 2000-2001 index

[Annual List]

CONTENTS

• Annual Report on Japan's Economy and Public Finance 2000-2001
• Introduction
• Chapter 1 Preconditions to Strong Recovery of the Economy
  • Section 1 From Short Recovery to Another Recession
    • 1 Reasons for Weak Economic Recovery
    • 2 Recovery of Business Investment was Weak
    • 3 Sluggish Consumption
  • Section 2 Advancing Deflation and Monetary Policy
    • 1 Present State of Deflation and its Background
    • 2 Monetary Policy under Deflationary Economy
  • Section 3 Direction of the Economy
    • 1 Supply-side Weakness
    • 2 Future Demand Trends
    • 3 Future Price Movement
• Chapter 2 Problem of Non-Performing Loans and Strength of the Japanese Economy
  • Section 1 Swelling non-performing loans
    • 1 Three Characteristics of the Problem of Non-Performing Loans
    • 2 Background of Prolonged Problem of Non-Performing Loans
  • Section 2 The problems of non-performing loans and excessive debts: Burdens on the Japanese economy
    • 1 Disintermediation of Bank-System Lending Caused by the Erosion of Banks' Profitability
    • 2 Economic resources, such as labor and capital, are stagnating in fields of low productivity
    • 3 Corporations and Consumers Have Become Cautious Due to a Decline in Confidence in the Financial System
    • 4 Adverse Impacts of Excessive Debts of Corporations
  • Section 3 Structural Reform Raises Growth Rate
    • 1 Decline in Potential Growth Rate
    • 2 Raising Potential Growth Rate by Promoting Structural Reforms
• Chapter 3 Overall Assessment of Japan' s Public Finance
  • Section 1 Expanding Budget Deficits
    • 1 State of Japan' s Budget Deficits
    • 2 Structural Deficit Level and Sustainability of Budget Deficits
    • 3 Prefecture-by-Prefecture Breakdown of Budget Outlays and Tax Contributions
  • Section 2 Public Finance as Seen from Stock Data of Assets and Liabilities
    • 1 Balance Sheet for Public Sector
    • 2 Developing Stock Data of Assets and Liabilities
    • 3 Japan' s Public Finance as Seen from Stock Data
    • 4 Income capitalization method-based Estimation of Road and Airport Development Projects
  • Section 3 Public Finance as Seen from Lifetime Benefits and Contributions
    • 1 Benefits and Contributions for Each Generation
    • 2 Benefit-Contribution Relationship for Present Generations
    • 3 Additional Contributions for Future Generations
  • Section 4 Local Finance Problems
    • 1 Local Fiscal Conditions Growing Tougher
    • 2 Problems with Local Revenue Bases
    • 3 Local Administrative and Fiscal Reform Efforts
• Conclusion
• Appended Notes
• Long-term Economic Statistics