Name: Spending Without Taxation: Filp and the Politics of Public Finance in Japan (Studies of the Walter h. Shorenstein Asia-Pacific Research Center) (en Inglés)
Price: 405899.00 COP
Availability: InStock
Author: Gene Park
ISBN: 9780804773300

portada Spending Without Taxation: Filp and the Politics of Public Finance in Japan (Studies of the Walter h. Shorenstein Asia-Pacific Research Center) (en Inglés)

Formato

Libro Físico

Editorial

Stanford University Press

Autor

Gene Park

Año

2011

Idioma

Inglés

N° páginas

321

Encuadernación

Tapa Dura

Peso

1.30

ISBN13

9780804773300

N° edición

Categorías

Fiscalidad y hacienda pública

Spending Without Taxation: Filp and the Politics of Public Finance in Japan (Studies of the Walter h. Shorenstein Asia-Pacific Research Center) (en Inglés)

Gene Park (Autor) · Stanford University Press · Tapa Dura

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Reseña del libro "Spending Without Taxation: Filp and the Politics of Public Finance in Japan (Studies of the Walter h. Shorenstein Asia-Pacific Research Center) (en Inglés)"

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.