Download or read book Public Finance and State Intervention in Japan written by Leila Bijos and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper aims at examining the public and state intervention in Japan, in a historical context of implementation of Japanese zaibatsu conglomerates. The historical analysis is based on the political and economic origins of Japan from the XIX century, then the big development in the XX, and how this isolated country opened itself to the international scenario. The specificities that crowned Japan's success are based on its capitalist basis, arising from the Japanese state acumen in using the cultural factors and values of Japanese homogeneous society. The blocks formed by countries of the Pacific Basin, called NICs occupy a privileged position in relation to commercial activities, solidly founded on technological grounds and capital, based on contractual alliances and networks worldwide.
Download or read book Local Public Finance in Japan written by Junshichirō Yonehara and published by . This book was released on 1981 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Making Fiscal Policy in Japan written by Hiromitsu Ishi and published by OUP Oxford. This book was released on 2000-12-07 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Making Fiscal Policy in Japan is written for those who want to understand the role and performance of fiscal policy as an integral component of macroeconomic policy, and the attendant effects on economic growth. The case explored here is post-Second World War Japan, but the approach is one of international comparison. Ishi traces and analyses the central features of postwar Japanese fiscal policy and considers the institutional framework and policy objectives which shaped the budget process. The first part of the book provides a detailed overview of the topic, with detailed institutional and empirical information. In particular, the role that government played in Japan's postwar economic growth is explored in depth, with specific focus on the four sub-periods of occupation, rapid economic growth, internationalization, and the bubble economy. Part II explains the basic framework of budgets, the budgetary process in Japan, and fundamental strategies of fiscal authority. It looks in depth at the unique aspects of the balanced budget policy for 1953-65 and then at how financial resources for budgeting were automatically generated in a growing economy. The final part analyses specific policy issues in the public sector, among them human resource development, the ageing population and the social security system, tax incentives for export promotion, the Fiscal Investment and Loan Programme, and intergovernmental grant policy. Ishi argues that the Japanese government has been generally passive in guiding the state's economic activities, using fiscal policy to support the private economy rather than directly to influence the economy through deliberate expenditure and tax policies. The approach has been one of enhancing the market rather than of government intervention.
Download or read book Japan s Fiscal Crisis written by Maurice Wright and published by . This book was released on 2002 with total page 656 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this controversial and authoritative account of Japan's public budgeting and politics, the author traces the origins and development of Japan's present fiscal crisis. In a detailed analysis of the institutions, structures, and processes of central government, the role of the Ministry of Finance is analysed and its relationship with other ministries in deciding how much to spend and on what is examined. Drawing on a rich archive of interview material and primary budget data, the author explains how and why Japan accumulated the world's largest public debt.
Download or read book Japan s Public Sector written by Tokue Shibata and published by . This book was released on 1993 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: An outline of how the Japanese finance of their public sector. Contributors provide details on financial administration, budget formation, taxation, and disbursement of revenue and discuss policy issues and conflict. Also examined are taxation and spending, relations between the central and local governments, and the expansion of social welfare issues.
Download or read book Public Finance in Japan written by Tokue Shibata and published by . This book was released on 1986 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph consisting 10 contributions by sholars and officials of government agencies designed to explain the role of public finance in Japan and how it develops. The tax system is included.
Download or read book Spending Without Taxation written by Gene Park and published by Stanford University Press. This book was released on 2011-03-25 with total page 515 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governments confront difficult political choices when they must determine how to balance their spending. But what would happen if a government found a means of spending without taxation? In this book, Gene Park demonstrates how the Japanese government established and mobilized an enormous off-budget spending system, the Fiscal Investment Loan Program (FILP), which drew on postal savings, public pensions, and other funds to pay for its priorities and reduce demands on the budget. Park's book argues that this system underwrote a distinctive postwar political bargain, one that eschewed the rise of the welfare state and Keynesianism, but that also came with long-term political and economic costs that continue to this day. By drawing attention to FILP, this study resolves key debates in Japanese politics and also makes a larger point about public finance, demonstrating that governments can finance their activities not only through taxes but also through financial mechanisms to allocate credit and investment. Such "policy finance" is an important but often overlooked form of public finance that can change the political calculus of government fiscal choices.
Download or read book Government Deficit and Fiscal Reform in Japan written by Toshihiro Ihori and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government Deficit And Fiscal Reform In Japan presents a theoretical-based comprehensive analysis of economic consequences of government deficits and fiscal reform in Japan. Particular emphasis is directed at developing tools that can be applied to theoretically and empirically clarify essential economic concerns in Japan such as generational incidence of fiscal reform and a growing dependence on government bonds for covering financial deficits. This book evaluates the recent movement of Japanese fiscal reform and government deficit. The authors first summarize fiscal policy in 1990's. Then, they move on to investigate the macroeconomic impact of government dept and the sustainability problem, and then discuss benefits and costs of public investment. The political aspect of fiscal reconstruction movements in Japan is also examined. Finally, the authors investigate the behavior of central government's control on local governments' debt issuance and its effect on the real activities of local governments. This book points out that the long-run structural fiscal reform is more important than the short-run Keynesian fiscal policy in Japan.
Download or read book The Public Sector in Japan written by Toshihiro Ihori and published by Edward Elgar Publishing. This book was released on 2009 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a comprehensive, theory-based analysis of Japan's public sector. Particular emphasis is directed at developing tools that can be applied to theoretically and empirically clarify essential economic concerns in Japan's public sector. These include macroeconomic incidence of fiscal decentralization, dependence on government bonds for covering financial deficits, and social security reform. In analyzing Japan's underperforming public sector, the authors develop and recommend policy solutions aimed at achieving Japan's growth potential, improving the quality of the public sector, and strengthening the sector's contribution to the Japanese economy.
Download or read book Fiscal Decentralization and Local Public Finance in Japan written by Nobuki Mochida and published by Routledge. This book was released on 2008-06-26 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is suitable for all those who want to understand the role and performance of Japan's central and local fiscal relations as an integral part of resource allocation, stabilization and redistribution function of the public sector since the post bubble economy.
Download or read book Government Fiscal Activity and Economic Growth in Japan 1868 1960 written by Kōichi Emi and published by . This book was released on 1963 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Role of Government in East Asian Economic Development written by Masahiko Aoki and published by Oxford University Press. This book was released on 1997-03-13 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of government in East Asian economic development has been a continuous issue. Two competing views have shaped enquiries into the source of the rapid growth high-performing Asian economies and attempts to derive a general lesson for other developing economies: the market-friendly view, according to which government intervenes little in the market, and the developmental state view, in which it governs the market. What these views share in common is a conception of marketand government as alternative mechanisms for resource allocation. They are distinct only in their judgement of the extent to which market failures have been, and ought to be, remedied by direct government intervention.This collection of essays suggests a breakthrough, third view: the market-enhancing view. Instead of viewing government and the market as mutually exclusive substitutes, it examines the capacity of government policy to facilitate or complement private sector co-ordination. The book starts from the premise that private sector institutions have important comparative advantages over government, in particular in their ability to process information available on site. At the same time, itrecognizes that the capabilities of the private sector are more limited in developing economies. The market-enhancing view thus stresses the mechanisms whereby government policy is directed at improving the ability of the private sector to solve co-ordination problems and overcome other marketimperfections.In presenting the market-enhancing view, the book recognizes the wide diversity of the roles of government across various East Asian economies-including Japan, Korea, Hong Kong, Malaysia, and China-and its path-dependant and developmental stage nature.
Download or read book The Flow of Funds Through a Government written by Jun Ikeda and published by Australia-Japan Research Centre the Australian National Un. This book was released on 2007 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Japan written by International Monetary Fund and published by International Monetary Fund. This book was released on 2000-11-02 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: A sustained decline in fertility rates underlies a rapid aging and decline of Japan's population. This will have profound social and economic implications. The paper illustrates the difficult situation facing Japanese fiscal policy in the years ahead. The findings of this paper indicate that there may be a role for foreign exchange interventions in providing stimulus at the current conjuncture. Deposit insurance reform is a central element in the government strategy to strengthen the Japanese banking system. The unemployment-deflation puzzle in Japan has been explained.
Download or read book The Rise of Fiscal States written by Bartolomé Yun-Casalilla and published by Cambridge University Press. This book was released on 2012-05-24 with total page 495 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading economic historians present a groundbreaking series of country case studies exploring the formation of fiscal states in Eurasia.
Download or read book Financial Politics in Contemporary Japan written by Frances McCall Rosenbluth and published by . This book was released on 1989 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Japanese Monetary Policy written by Kenneth J. Singleton and published by University of Chicago Press. This book was released on 2007-12-01 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: How has the Bank of Japan (BOJ) helped shape Japan's economic growth during the past two decades? This book comprehensively explores the relations between financial market liberalization and BOJ policies and examines the ways in which these policies promoted economic growth in the 1980s. The authors argue that the structure of Japan's financial markets, particularly restrictions on money-market transactions and the key role of commercial banks in financing corporate investments, allowed the BOJ to influence Japan's economic success. The first two chapters provide the most in-depth English-language discussion of the BOJ's operating procedures and policymaker's views about how BOJ actions affect the Japanese business cycle. Chapter three explores the impact of the BOJ's distinctive window guidance policy on corporate investment, while chapter four looks at how monetary policy affects the term structure of interest rates in Japan. The final two chapters examine the overall effect of monetary policy on real aggregate economic activity. This volume will prove invaluable not only to economists interested in the technical operating procedures of the BOJ, but also to those interested in the Japanese economy and in the operation and outcome of monetary reform in general.
