01697cas a2200241 a 4500 AALejournalIMF009522 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451820690 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Japan : 2007 Article IV Consultation; Staff Report; and Public Information Notice on the Executive Board Discussion. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (51 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 2007 Article IV Consultation highlights that Japan's external position remains strong. Boosted by investment income, the current account surplus widened in 2006 to nearly 4 percent of Japan's GDP, despite a shrinking trade balance. Financial outflows also picked up, reflecting mainly the secular decline in investor home bias and to a lesser extent, yen-financed carry trades. The near-term economic outlook is favorable. GDP growth is projected at 2.6 percent in 2007 and 2.0 percent in 2008. With activity close to full capacity, CPI inflation is expected to pick up, but very slowly. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2007/280 Full text available on IMF http://elibrary.imf.org/view/journals/002/2007/280/002.2007.issue-280-en.xml IMF e-Library