Transcription of Economic Impact of the Tokyo 2020 Olympic Games
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Economic Impact of the Tokyo 2020 Olympic Games
January 2016 Research and Statistics Department, Bank of Japan Mitsuhiro Osada Mayumi Ojima Yoshiyuki Kurachi Ko Miura Takuji Kawamoto Please contact below in advance to request permission when reproducing or copying the content of this paper for commercial purposes. Research and Statistics Department, Bank of Japan Tel: +81-3-3279-1111 Please credit the source when reproducing or copying the content of this paper. Economic Impact of the Tokyo 2020 Olympic Games 1 January 2016 Research and Statistics Department, Bank of Japan Mitsuhiro Osada Mayumi Ojima Yoshiyuki Kurachi Ko Miura** Takuji Kawamoto Economic Impact of the Tokyo 2020 Olympic Games * Abstract The Tokyo Olympics, scheduled to be held in 2020, can be expected to have positive effects on the Japanese economy.
in construction investment associated with this event. The number of foreign visitors to Japan has been growing steadily, mainly due to the easing of visa requirements and the depreciation of the yen. The government’s target of reaching 20 million foreign visitors by 2020 will likely be achieved. Nevertheless,
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