Detail Japan's Persistent Trade Surplus : Policies for Adjustment   Oleh:  Adams, F. Gerard ; Gangnes, Byron Jenis: Article from Bulletin/Magazine Dalam koleksi: JAPAN AND THE WORLD ECONOMY vol. 8 no. 3 (1996), page 309-334. Topik: TRADES; trade surplus; policies; adjustment Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ47.6 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel While part of the recent increase in the Japanese trade surplus can be attributed to the Japanese recession, the surplus has widened despite the appreciation of the yen and enactment of policies to open Japanese markets. We review the trade surplus issue in the light of theories of trade and current account adjustment. We evaluate the potential for exchange appreciation and Japanese fiscal policy to reduce the imbalance, estimating their effects using simulations of the NIRA - LINK model of the US - Japan - world economy. The simulations show that moderate use of macropolicies would not be sufficient to eliminate the trade imbalance. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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