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Government Deficit and Fiscal Reform in Japan. 井堀利宏他編 日本の政府赤字と税制改革
・ISBN 978-1-4020-7096-9 hard EUR 99.99
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| 著者・編者 | Ihori, Toshihiro / Sato, Masakazu (eds.), |
|---|---|
| シリーズ | Research Monographs in Japan-U.S. Business and Economics |
| 出版社 | (Kluwer Academic, NE) |
| 出版年月 | 2002 |
| ページ数 | 184 pp. |
| 言語 | ENG |
| ニュース番号 | <490-321 490-L80> |
解説
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.