Overview
Part of the book series: Research Monographs in Japan-U.S. Business and Economics (JUSB, volume 7)
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Table of contents (9 chapters)
Keywords
About this book
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.
Editors and Affiliations
Bibliographic Information
Book Title: Government Deficit and Fiscal Reform in Japan
Editors: Toshihiro Ihori, Masakazu Sato
Series Title: Research Monographs in Japan-U.S. Business and Economics
DOI: https://doi.org/10.1007/978-1-4757-3528-4
Publisher: Springer New York, NY
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eBook Packages: Springer Book Archive
Copyright Information: Springer Science+Business Media New York 2002
Hardcover ISBN: 978-1-4020-7096-9Published: 30 June 2002
Softcover ISBN: 978-1-4419-5292-9Published: 07 December 2010
eBook ISBN: 978-1-4757-3528-4Published: 06 December 2012
Series ISSN: 1385-7568
Edition Number: 1
Number of Pages: IX, 171
Number of Illustrations: 11 b/w illustrations
Topics: International Economics, Macroeconomics/Monetary Economics//Financial Economics