BoJ research estimates impact of Olympics on growth
The Tokyo Olympics will boost Japan's annual real GDP growth by around 0.2–0.3 percentage points each year between 2015 and 2018, according to research published by the Bank of Japan (BoJ).
The games, which will take place in 2020, will generate an increase in foreign tourism and construction investment in the years leading up to them, Mitsuhiro Osada, Mayumi Ojima, Yoshiyuki Kurachi, Ko Miura and Takuji Kawamoto note.
Construction investment, they say, will increase "substantially" in 2017 and
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Most read
- Initiative of the year: the Netherlands Bank’s ChatDNB
- Central Banking Awards 2024: fourth round announced
- Central bank of the year: Central Bank of Brazil