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Spending Without Taxation: FILP and the Politics of Public Finance in Japan - Park, Gene
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Park, Gene:
Spending Without Taxation: FILP and the Politics of Public Finance in Japan - livre d'occasion

1970, ISBN: 9780804773300

ID: 12723227

"Spending Without Taxation" demonstrates how the Fiscal Investment Loan Program (FILP) enabled the Japanese government to run a distinctive neo-classical fiscal policy based on low budget spending from the end of the 1940s through 1970. This policy ran counter to the postwar trend in other industrial democracies, where governments increased spending and taxation and in many cases employed fiscal stimulus. Gene Park's work reveals that while the government's commitment to budget restraint initially delivered economic benefits, it came at a high long-term cost: heavy state intervention in finance, a deferred fiscal burden, and the political challenge of reforming FILP. Comparatively, the Japanese case illustrates a larger point about the politics of public spending. While most comparative studies focus on budget spending, taxation, and budget deficits, the Japan experience demonstrates that governments can finance their activities not only through taxes, but through the allocation of credit and financial mechanisms. Ignoring the role of policy finance comes at the risk of underestimating or mischaracterizing the size and scope of the state, a point often overlooked by studies focused on explaining fiscal outcomes. Spending Without Taxation: Filp and the Politics of Public Finance in Japan Park, Gene, Stanford University Press

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Spending Without Taxation - Park, Gene
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Park, Gene:
Spending Without Taxation - nouveau livre

ISBN: 9780804773300

ID: 735410

Governments confront difficult political choices when they must determine how to balance their spending. But what would happen if a government found a means of spending without taxation? In this book, Gene Park demonstrates how the Japanese government established and mobilized an enormous off-budget spending system, the Fiscal Investment Loan Program (FILP), which drew on postal savings, public pensions, and other funds to pay for its priorities and reduce demands on the budget. Park's book argues that this system underwrote a distinctive postwar political bargain, one that eschewed the rise of the welfare state and Keynesianism, but that also came with long-term political and economic costs that continue to this day. By drawing attention to FILP, this study resolves key debates in Japanese politics and also makes a larger point about public finance, demonstrating that governments can finance their activities not only through taxes but also through financial mechanisms to allocate credit and investment. Such "policy finance" is an important but often overlooked form of public finance that can change the political calculus of government fiscal choices. Business Business eBook, Stanford University Press

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Spending Without Taxation: FILP and the Politics of Public Finance in Japan - Park, Gene
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Park, Gene:
Spending Without Taxation: FILP and the Politics of Public Finance in Japan - edition reliée, livre de poche

2011, ISBN: 0804773300, Lieferbar binnen 4-6 Wochen Frais d'envoiVersandkostenfrei innerhalb der BRD

ID: 9780804773300

Internationaler Buchtitel. In englischer Sprache. Verlag: STANFORD UNIV PR, 321 Seiten, L=229mm, B=160mm, H=28mm, Gew.=590gr, [GR: 17430 - HC/Politikwissenschaft], [SW: - Business / Economics / Finance], Gebunden, Klappentext: This book chronicles the rise and fall of the long-ruling Liberal Democratic Party's political strategy of using an off-budget financial mechanism--the Fiscal Investment Loan Program--to deliver the seemingly impossible: low taxes, high spending and balanced budgets. This book chronicles the rise and fall of the long-ruling Liberal Democratic Party's political strategy of using an off-budget financial mechanism--the Fiscal Investment Loan Program--to deliver the seemingly impossible: low taxes, high spending and balanced budgets.

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Spending without Taxation - Gene Park
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Gene Park:
Spending without Taxation - edition reliée, livre de poche

2011, ISBN: 9780804773300

ID: 18186654

Hardcover, Buch, [PU: Stanford University Press]

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Spending without Taxation - Gene Park
Livre non disponible
(*)
Gene Park:
Spending without Taxation - edition reliée, livre de poche

2011, ISBN: 9780804773300

ID: 18186654

Hardcover, Buch, [PU: Stanford University Press]

Nouveaux livres Lehmanns.de
Frais d'envoiVersand in 10 - 20 TagenNicht kurzfristig lieferbar, versandkostenfrei in der BRD (EUR 0.00)
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Détails sur le livre
Spending Without Taxation: FILP and the Politics of Public Finance in Japan

This book chronicles the rise and fall of the long-ruling Liberal Democratic Party's political strategy of using an off-budget financial mechanism--the Fiscal Investment Loan Program--to deliver the seemingly impossible: low taxes, high spending and balanced budgets.

Informations détaillées sur le livre - Spending Without Taxation: FILP and the Politics of Public Finance in Japan


EAN (ISBN-13): 9780804773300
ISBN (ISBN-10): 0804773300
Version reliée
Date de parution: 2011
Editeur: STANFORD UNIV PR
321 Pages
Poids: 0,590 kg
Langue: eng/Englisch

Livre dans la base de données depuis 13.10.2011 20:47:55
Livre trouvé récemment le 13.10.2016 12:09:06
ISBN/EAN: 9780804773300

ISBN - Autres types d'écriture:
0-8047-7330-0, 978-0-8047-7330-0


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