01681cas a2200241 a 4500 AALejournalIMF005272 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451948530 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Japan : 2008 Article IV Consultation; Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (48 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2008 Article IV Consultation highlights that Japan's external position remains strong. The current account surplus rose to 4.8 percent of GDP in 2007 on the back of strong external demand and a further surge in investment income. Money markets remain relatively stable owing to the banking system's lower exposure to subprime and other securitized products and the increased amounts and frequency of the Bank of Japan's (BoJ) liquidity operations. The near-term economic outlook is for a soft landing, although there remain risks from the global economy. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/253 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/253/002.2008.issue-253-en.xml IMF e-Library