Japan’s public debt: Causes and sustainability
Type de matériel :
TexteLangue : français Détails de publication : 2022.
Sujet(s) : Ressources en ligne : Abrégé : Japan’s public debt has quintupled since 1980 and now exceeds 250 percent of GDP. This is a far higher level than in all other OECD countries, but the lowering of interest rates has halved the cost of servicing this debt. At the moment Japan’s debt, which is essentially domestic, appears to be sustainable and does not seem to place the country’s economy at imminent risk.
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Japan’s public debt has quintupled since 1980 and now exceeds 250 percent of GDP. This is a far higher level than in all other OECD countries, but the lowering of interest rates has halved the cost of servicing this debt. At the moment Japan’s debt, which is essentially domestic, appears to be sustainable and does not seem to place the country’s economy at imminent risk.
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