01865cas a2200241 a 4500 AALejournalIMF017860 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484313411 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Asia and Pacific Dept. Japan : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Japan. Washington, D.C. : International Monetary Fund, 2017. 1 online resource (84 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 2017 Article IV Consultation highlights that Japan's economy is growing above potential, narrowing the negative output gap. The expansion is now broader and more balanced than in 2015, with private consumption growth turning positive and private investment strengthening on the back of residential investment. However, labor shortages are evident, wage growth remains weak, and inflation is stubbornly low. Growth momentum will carry through 2017 but would weaken in 2018 if fiscal support fades as currently scheduled. The fiscal stimulus package supports 2017 growth through higher consumption and investment. Monetary policy is expected to remain accommodative and facilitate a virtuous cycle between credit and economic growth. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2017/242 Full text available on IMF http://elibrary.imf.org/view/journals/002/2017/242/002.2017.issue-242-en.xml IMF e-Library