Making Fiscal Policy in Japan Economic Effects and Institutional Settings [Hardcover]

Making Fiscal Policy in Japanis 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.

Part I. Overview: The Policy Environment
1. The Preconditions for Post-war Economic Growth
2. Rapid Economic Growth and Its Effects
3. Structural Changes Towards a New Dimension
4. The Emergence of the Bubble Economy and its Aftermath
Part II. Fiscal Policy Responses
5. Budget and Budgetary Process
6. Budget Orthodoxy and Strategies of Fiscal Consolidation
7. An Empirical Analysis of Balanced Budget Policy, 1953-1965
8. How Financial Sources were Generated in a Growing Economy
Part III. Specific Aspects of Budgetary Activity
9. Public Expenditure Trends in Light of Human Resource Development
10. Ageing and the Social Security System
11. Tax Policy for Export Promotion, 1953-1964
12. The Role of the Fiscal Investment and Loan Programme
13. The Budgetary Behaviour of Local Government and Intergovernmental Grant Policies