OECD detects silver lining in cloud of economic data

Article Abstract:

The Organization for Economic Cooperation and Development (OECD) reports Japan's economy is showing signs of growth, but issues such as corporate restructuring could hinder the economy. The OECD expects the economy to grow 2% in 2000 , and 2.25 % in 2001.

United States, Public Finance Activities, National Government Finance, Government revenues, Statistical Data Included, Reports, Public finance, Organization for Economic Cooperation and Development

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Facing a Fiercer Recession

Article Abstract:

A Bank of Japan survey indicates that Japan will undergo a deeper recession than was anticipated before Sept. 11, 2001. The survey, called the tankan, asks respondents about their outlook for the next three months and about current business conditions.

Government expenditures, Economic Programs, Administration of Economic Programs, Brief Article, Economic policy, Economic indicators

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Japan's firms say business climate is better; despite recovery, companies plan to reduce their new investments

Article Abstract:

The tankan survey conducted by the Bank of Japan indicates that Japanese companies still plan to reduce new investments despite the improved economic climate. This finding is consistent with another survey that revealed that the economy is not likely to recover strongly even if it has already rebounded from the bottom. Observers say that the economy has no hopes of rebounding significantly until its structure changes which means reducing the high cost of doing business and eliminating excess capacity.

Commercial Banks, Commercial Banking, Financial management, Banking industry, Planning, Economic development, Business enterprises

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