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Japan's Fiscal Crisis

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Maurice Wright 作者
OUP Oxford
譯者
2002-4-4 出版日期
648 頁數
GBP 235.00 價格
Hardcover
叢書系列
9780199250530 圖書編碼

Japan's Fiscal Crisis 在線電子書 圖書標籤: 民主政治  比較政治經濟學  比較政治   


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發表於2024-11-08

Japan's Fiscal Crisis 在線電子書 epub 下載 mobi 下載 pdf 下載 txt 下載 2024

Japan's Fiscal Crisis 在線電子書 epub 下載 pdf 下載 mobi 下載 txt 下載 2024

Japan's Fiscal Crisis 在線電子書 pdf 下載 txt下載 epub 下載 mobi 下載 2024



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Japan's Fiscal Crisis 在線電子書 圖書描述

This controversial and authoritative account of budget-making and budgetary politics, the author traces the origins and development of Japan's present crisis. In a detailed analysis of the institutions, structures, and processes of central government, the author explains how decisions were made about how much to spend and on what in the central budget and the Fiscal and Investment Loan Programme - the so-called 'second budget'. Wright shows who and what won and lost and why, explains the informal policy and behavioral rules-of-the-game by which the conduct of the main players was regulated, and compares Japan's fiscal performance with the UK and other G7 countries. It challenges the orthodoxy that a dominant and dominating Ministry of Finance (MOF) implemented tough policies of retrenchment in the 1980s. The appearance of fiscal discipline was not matched by the reality of too much spending, too few revenues, and heavy borrowing. MOF not only failed to restore a balanced budget, it was unable to achieve most of its short and long-term fiscal objectives during the last quarter of the 20th Century. Unravelling the complexity and opacity of the budgetary system, the author shows how MOF officials exploited it to foster an illusion of control. Through adroit manipulation of off-budget sources, and by fiscal sleight-of-hand, MOF was able to deliver an expanding supply of budget benefits to the ruling Liberal Democratic party, and the means to finance the growth and maintenance of a 'Public Works State'.

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