Japan: Sustaining Growth and Stability Amid External Uncertainty
November 7, 2025
Japan’s GDP is expected to grow by 1.0 percent in 2025, moderating to 0.6 percent in 2026 when the full year impact of tariff effects take hold.
November 7, 2025
Japan’s GDP is expected to grow by 1.0 percent in 2025, moderating to 0.6 percent in 2026 when the full year impact of tariff effects take hold.
June 26, 2025
Japan has made steady progress in applying EBPM across various ministries and agencies to strengthen spending efficiency and fiscal prudence.
June 10, 2025
Allen Ng, Haobin Wang, Kouqing Li, Yuhong Wu
The Trilateral Economic Report (TER) is a flagship publication by the Trilateral Cooperation Secretariat (TCS), which outlines the economic landscape and policy implications of China, Japan, and Korea. This year’s…
May 29, 2025
Japan’s economy is deeply connected to global trade, making the movement of the Japanese yen a key factor in shaping inflation, trade competitiveness, and economic growth.
May 27, 2025
Japan’s demographic headwinds remain a significant structural challenge, threatening long-term sustainability. What do these forces mean for Japan’s regional banks?
May 13, 2025
Japan introduced an important reform to its foreign labor policy as part of ongoing efforts to leverage foreign manpower to address labor shortages.
April 17, 2025
Aruhan Rui Shi, Jorge Antonio Chan-Lau
This paper examines Japan’s fiscal position from the perspectives of the standard debt sustainability analysis and the asset pricing approaches.
April 15, 2025
Allen Ng, Andrew Tsang, Anthony Tan, Byunghoon Nam, Catharine Kho, Chunyu Yang, Fan Zhai, Haobin Wang, Jade Vichyanond, Jinho Choi, Jungsung Kim, Lay Lay Aung, Megan Chong, Naoaki Inayoshi, Nguyen Thi Kim Cuc, Pim-orn Wacharaprapapong, Poh Lynn Ng, Seung Hyun (Luke) Hong, Tanyasorn Ekapirak, Vanne Khut, Wanwisa May Vorranikulkij, Wee Chian Koh, Xianguo (Jerry) Huang, Yuhong Wu
The ASEAN+3 region maintained stable growth of 4.3 percent in 2024 despite various uncertainties and is positioned to remain resilient.
April 8, 2025
Aruhan Rui Shi, Prashant Pande
The unwinding of yen-funded carry trades presents both risks and opportunities for ASEAN+3 economies.
April 3, 2025
Dek Joe Sum, Seung Hyun (Luke) Hong
This report provides an analysis of the fiscal management of social protection systems across selected ASEAN+3 economies.