Japan's slowdown to hit Asia

The International Monetary Fund (IMF) forecast a sombre short-term outlook for the Japanese economy, with significant implications for the rest of East Asia.

In its latest report on the health of World Economy, the IMF said it is "now likely" that Japan has slipped back into recession.

Real growth in the world's second largest economy is likely to decline by 0.5% in 2001 followed by a modest rebound in 2002, the IMF said.

This a gloomier forecast than the IMF issued a year ago, when it predic

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: