"Japan's Internal Debt"

Working paper, July 2002

Publication type: Working paper

Research Archive Topic: Capital Markets and Investments, World Business

Abstract

Japan enjoys a strong international financial position but has a massive internal debt, 140% of GDP in 2001. Does this matter? Can its internal debt go on growing indefinitely, or if nothing changes will it finally encounter limits and constraints? This paper tries to visualize what those limits and constraints would be.

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