01536cas a2200241 a 4500 AALejournalIMF005273 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451820713 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Japan : Selected Issues. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (50 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 Selected Issues paper discusses the impact of global financial turmoil on Japan. It describes how close integration in global financial markets has deepened and expanded the channels for spillovers. The paper discusses options for increasing the consumption tax to finance the public pension system. It explains that while parametric reforms have reduced fiscal pressures, the basic pension is becoming a less adequate safety net for the retired. The paper also attempts to explain the declining share of labor income. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/254 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/254/002.2008.issue-254-en.xml IMF e-Library