🗾 Debt sustainability in Japan and the case for a fiscal council
What fiscal reforms will be needed to ensure Japan can service its public debt?
📑 Read the Working Paper by Tomomi Miyazaki, @marie-lappe.bsky.social and @roeldom.bsky.social
🔗 buff.ly/jmHCi9N
#EconSky
Rising rates are testing Japan’s fiscal framework, with debt dynamics hinging on growth and pointing to the need for adjustment and a fiscal council
