Advances in Japanese Business and Economics

The Political Economy of Fiscal Consolidation in Japan

Editors: Ihori, Toshihiro, Terai, Kimiko (Eds.)

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  • Examines reasons for persistent public deficits and delayed fiscal reform in Japan, with a special emphasis on political economy aspects
  • Investigates political and institutional elements inducing expansion of public expenditure in the fields of social security public works, and intergovernmental transfer schemes
  • Provides points of view for public policy and public debate with academic research based on theoretical and numerical approaches
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eBook 67,40 €
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  • ISBN 978-4-431-55127-0
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Hardcover 103,99 €
price for Spain (gross)
  • ISBN 978-4-431-55126-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
Softcover 83,19 €
price for Spain (gross)
  • ISBN 978-4-431-56407-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

This book investigates the reasons for persistent public deficits and delayed fiscal reform in Japan, placing a special emphasis on political economy aspects. Japan is confronted with the need to pursue fiscal discipline for fiscal consolidation and implement structural reforms for reorganizing fiscal expenditures. Focusing on particular policy fields including social security, female labor supply, public works, and intergovernmental transfer schemes, the book clarifies economic and political elements that have hindered effective steps toward these two goals. Facing population aging and a business downturn, the Japanese government was urged to increase social security expenditures and the budget for Keynesian stimulus policies. As elucidated in the book, the institutional design has worked to over-represent the demands of elderly generations and local interest groups and to expand these expenditures. Rigorous theoretical and numerical analyses reported throughout the book consequently provide readers with insights into incentive designs and institutional reforms necessary for fiscal consolidation, also presenting points of view for public policy and public debate.

About the authors

Editors

Toshihiro Ihori is a professor of economics at The University of Tokyo. He has a B.A. and an M.A. from The University of Tokyo and a Ph.D. in economics from Johns Hopkins University. His major field of research is public economics. Details are at the web site of the Graduate School of Economics, Faculty of Economics, The University of Tokyo.

Kimiko Terai is a professor of economics at Keio University. She has a B.A. in education from Tokushima University and an M.A. and a Ph.D. in economics from The University of Tokyo. Her major field of research is public economics. Details are at her website.

Table of contents (7 chapters)

Table of contents (7 chapters)
  • Fiscal Consolidation in the Political Economy of Japan

    Pages 3-33

    Ihori, Toshihiro

  • The Political Economy of Social Security Funding: Why Social VAT Reform?

    Pages 35-66

    Konishi, Hideki

  • Female Labor Supply, Social Security, and Fiscal Consolidation

    Pages 69-93

    Kato, Ryuta Ray (et al.)

  • Fiscal Consolidation and Local Public Finances in Japan: Incentive Problems Associated with Intergovernmental Transfers and Their Political Roles

    Pages 95-112

    Akai, Nobuo

  • Public Policy and Economic Growth in the Integrating Japanese Economy

    Pages 113-141

    Kondo, Hiroki

Buy this book

eBook 67,40 €
price for Spain (gross)
  • ISBN 978-4-431-55127-0
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 103,99 €
price for Spain (gross)
  • ISBN 978-4-431-55126-3
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
Softcover 83,19 €
price for Spain (gross)
  • ISBN 978-4-431-56407-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
The Political Economy of Fiscal Consolidation in Japan
Editors
  • Toshihiro Ihori
  • Kimiko Terai
Series Title
Advances in Japanese Business and Economics
Series Volume
8
Copyright
2015
Publisher
Springer Japan
Copyright Holder
Springer Japan
eBook ISBN
978-4-431-55127-0
DOI
10.1007/978-4-431-55127-0
Hardcover ISBN
978-4-431-55126-3
Softcover ISBN
978-4-431-56407-2
Series ISSN
2197-8859
Edition Number
1
Number of Pages
XIII, 195
Number of Illustrations
26 b/w illustrations, 16 illustrations in colour
Topics