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The Political Economy of Fiscal Consolidation in Japan.pdf

The Political Economy of Fiscal Consolidation in Japan true
By:Toshihiro Ihori,Kimiko Terai
Published on 2014-11-21 by Springer


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.

This Book was ranked at 24 by Google Books for keyword Consolidation.

Book ID of The Political Economy of Fiscal Consolidation in Japan's Books is mz6SBQAAQBAJ, Book which was written byToshihiro Ihori,Kimiko Teraihave ETAG "8Td7dmYptfo"

Book which was published by Springer since 2014-11-21 have ISBNs, ISBN 13 Code is 9784431551270 and ISBN 10 Code is 4431551271

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Book which have "195 Pages" is Printed at BOOK under CategoryBusiness and Economics

Book was written in en

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