01576cas a2200241 a 4500 AALejournalIMF009523 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451820706 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Japan : Selected Issues. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (93 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 examines the factors behind the recent surge in capital flows in Japan. The paper presents econometric evidence on the influence of these capital flows on the medium-term dynamics of the yen. It finds that in the case of the yen-dollar rate, nontrade factors affecting capital flows are likely to delay the adjustment of the yen-dollar rate to its long-term equilibrium value. The paper also draws on recent international experiences and trends to identify and review some of the key tax issues and options for meeting these challenges. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2007/281 Full text available on IMF http://elibrary.imf.org/view/journals/002/2007/281/002.2007.issue-281-en.xml IMF e-Library