The Role of the Fiscal Investment and Loan Program in Postwar Japanese Economic Growth

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Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Role of the Fiscal Investment and Loan Program in Postwar Japanese Economic Growth by : Yukio Noguchi

Download or read book The Role of the Fiscal Investment and Loan Program in Postwar Japanese Economic Growth written by Yukio Noguchi and published by . This book was released on 1993 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Making Fiscal Policy in Japan

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Publisher : OUP Oxford
ISBN 13 : 0191590118
Total Pages : 374 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis Making Fiscal Policy in Japan by : Hiromitsu Ishi

Download or read book Making Fiscal Policy in Japan written by Hiromitsu Ishi and published by OUP Oxford. This book was released on 2000-12-07 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Making Fiscal Policy in Japan is 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. Ishi traces and analyses the central features of postwar Japanese fiscal policy and considers the institutional framework and policy objectives which shaped the budget process. The first part of the book provides a detailed overview of the topic, with detailed institutional and empirical information. In particular, the role that government played in Japan's postwar economic growth is explored in depth, with specific focus on the four sub-periods of occupation, rapid economic growth, internationalization, and the bubble economy. Part II explains the basic framework of budgets, the budgetary process in Japan, and fundamental strategies of fiscal authority. It looks in depth at the unique aspects of the balanced budget policy for 1953-65 and then at how financial resources for budgeting were automatically generated in a growing economy. The final part analyses specific policy issues in the public sector, among them human resource development, the ageing population and the social security system, tax incentives for export promotion, the Fiscal Investment and Loan Programme, and intergovernmental grant policy. Ishi argues that the Japanese government has been generally passive in guiding the state's economic activities, using fiscal policy to support the private economy rather than directly to influence the economy through deliberate expenditure and tax policies. The approach has been one of enhancing the market rather than of government intervention.

Economic Policy in Postwar Japan

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Publisher : Univ of California Press
ISBN 13 :
Total Pages : 252 pages
Book Rating : 4./5 ( download)

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Book Synopsis Economic Policy in Postwar Japan by : Kōzō Yamamura

Download or read book Economic Policy in Postwar Japan written by Kōzō Yamamura and published by Univ of California Press. This book was released on 1967 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Significance of Japan's Fiscal Investment and Loan Program During Japan's Period of Rapid Economic Growth and Possible Lessons for the Rest of Asia

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Publisher :
ISBN 13 :
Total Pages : 22 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis The Significance of Japan's Fiscal Investment and Loan Program During Japan's Period of Rapid Economic Growth and Possible Lessons for the Rest of Asia by : Akane Enatsu

Download or read book The Significance of Japan's Fiscal Investment and Loan Program During Japan's Period of Rapid Economic Growth and Possible Lessons for the Rest of Asia written by Akane Enatsu and published by . This book was released on 2013 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the late 1950s and early 1960s, when Japan experienced a period of rapid economic growth comparable to that of many other Asian countries today, government fiscal policy was largely facilitated by the Fiscal Investment and Loan Program ("FILP"). This paper examines whether it would be applicable for other Asian countries to adopt the FILP-like approach, and, if so, which aspects they should focus on in order to make the most of such a program. Asian countries have a wide range of options besides FILP for financing the demand for infrastructure they are likely to face and, if they are to continue to enjoy solid economic growth, will need to decide on a suitable means (or combination of means) of raising the necessary capital and regularly reassess whether the option they have chosen is still the most efficient and effective means of doing this.

Economic Growth and Financial Allocation in Postwar Japan

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Publisher :
ISBN 13 :
Total Pages : 78 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Economic Growth and Financial Allocation in Postwar Japan by : Akiyoshi Horiuchi

Download or read book Economic Growth and Financial Allocation in Postwar Japan written by Akiyoshi Horiuchi and published by . This book was released on 1984 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Era of High-speed Growth

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Publisher : [Tokyo] : University of Tokyo Press
ISBN 13 :
Total Pages : 258 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis The Era of High-speed Growth by : Yutaka Kōsai

Download or read book The Era of High-speed Growth written by Yutaka Kōsai and published by [Tokyo] : University of Tokyo Press. This book was released on 1986 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Takes a retrospective look at rapid growth in Japan, 1945-1970. Argues that economic growth was achieved not on the basis of the distinctive value customs, and behavioral style of Japanese society but rather through reliance on the market mechanism of classical capitalist theory. Rapid growth is seen as a process in which external dependence on raw materials and a high level of domestic consumption were combined with the development of exports and technical revolution in the processing industries.

Dr. Osamu Shimomura's Legacy and the Postwar Japanese Economy

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Publisher : Springer
ISBN 13 : 9811057621
Total Pages : 116 pages
Book Rating : 4.8/5 (11 download)

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Book Synopsis Dr. Osamu Shimomura's Legacy and the Postwar Japanese Economy by : Kozo Horiuchi

Download or read book Dr. Osamu Shimomura's Legacy and the Postwar Japanese Economy written by Kozo Horiuchi and published by Springer. This book was released on 2017-08-10 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book elucidates the economic conditions and policies during the post War Japanese economy from the view point of an influential policy maker. Dr. Osamu Shimomura is one of the most eminent economists in Japan. He entered the Ministry of Finance and played a crucial role in actualizing the High-Growth era from the late 1950s to the early 70s. "The Doubling Income Plan", which is issued by the Ikeda cabinet, originates from him. It should be noted that while most economists held pessimistic view on the future, Shimomura is brave and foresighted. Shimomura’s theory is not merely one of the pioneer works in macroeconomics, but also suits the economic conditions of Japan. Shimomura extends the principle of effective demand, which means that his theory includes effects of capital accumulation to production capacity. While one may argue that Harrod (1939) and Domar (1946) have already achieved that, Shimomura’s theory centers policy recommendations for sustaining the high economic growth against the productivity growth that would cause excess supply in the market. Succinctly, Shimomura is a Keynesian who believes the vigor in its private sector but recognizes that Japanese economy urgently needs the government’s auxiliary macroeconomic policies. This book emphasizes that the rapid Japanese growth owes mainly to affluent entrepreneurship filled in the economy not to the sheer government’s planning. Dr. Shimomura’s theory endorses our assertion.

The Postwar Japanese Economy

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Publisher : [Tokyo] : University of Tokyo Press
ISBN 13 :
Total Pages : 304 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Postwar Japanese Economy by : Takafusa Nakamura

Download or read book The Postwar Japanese Economy written by Takafusa Nakamura and published by [Tokyo] : University of Tokyo Press. This book was released on 1981 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on postwar economic development and economic structure in Japan - discusses economic recovery, economic planning, industrialization, fiscal policy, monetary policy, dual economy, labour market, wage structure, international monetary system and petroleum price implications, economic policy trends and small scale industry, raw materials, industrial structure and economic growth related issues. Graphs, references and statistical tables.

Policy-based Finance

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 284 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Policy-based Finance by : Kōzō Katō

Download or read book Policy-based Finance written by Kōzō Katō and published by World Bank Publications. This book was released on 1994 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Savings in the Economic Growth of Post-war Japan

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Publisher :
ISBN 13 :
Total Pages : 128 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Savings in the Economic Growth of Post-war Japan by : Manas Ranjan Sinha

Download or read book Savings in the Economic Growth of Post-war Japan written by Manas Ranjan Sinha and published by . This book was released on 1964 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Japanese Economy

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Publisher : Oxford University Press
ISBN 13 : 019268888X
Total Pages : 529 pages
Book Rating : 4.1/5 (926 download)

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Book Synopsis The Japanese Economy by : David Flath

Download or read book The Japanese Economy written by David Flath and published by Oxford University Press. This book was released on 2022-05-12 with total page 529 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Japanese Economy, 4th Edition is for anyone curious about economics, for it is impossible to appreciate economics without vivid examples of its application. This book is also for anyone broadly interested in Japan, for it is impossible to fully understand Japan without learning what basic economics has to say about it, which is much. To know Japan - or any country for that matter - is more than an ability to recite a litany of facts about its history, geography, institutions, and culture. Disciplined thinking is needed to organize the disparate facts into a coherent system that can be grasped whole. Modern economics is the academic discipline underlying this book. The book uses economics and explains it, but without presuming the reader has any prior knowledge of it. The main object of interest is Japan. It starts with Japan's economic history since the late sixteenth century through the twentieth century. It then addresses contemporary topics in Japan's economy, beginning with ones that require an economy - wide perspective - economic growth and the business cycle, exchange rates, and the balance of trade. The discussion then moves on to sectors of the economy: the public sector, industry and trade, the financial system, the labor market, and more. The chapters can be read in any order, but four threads run through all the chapters and link them: Japan's economic growth and development, Japan's integration with the world economy, government policies and their effects, and peculiar economic institutions and practices.

Growth Theories in Light of the East Asian Experience

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Publisher : University of Chicago Press
ISBN 13 : 0226386988
Total Pages : 324 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Growth Theories in Light of the East Asian Experience by : Takatoshi Ito

Download or read book Growth Theories in Light of the East Asian Experience written by Takatoshi Ito and published by University of Chicago Press. This book was released on 2007-12-01 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributors to this volume analyze the growth experiences of Japan, Korea, China, Hong Kong, Singapore, and Taiwan in light of the recently developed endogenous growth theory to provide an understanding of the economic boom in East Asia. The theory explored in this volume attributes the phenomenal economic success of these countries to, among other factors, the role of an outward orientation—a focus on exporting rather than on protecting home markets. In addition, the importance of exchange rate behavior, of the supportive role of government policy, and of the accumulation and promotion of physical and human capital are explored in detail. This collection also examines the extent to which growth in each country became self-sustaining once it began. Demonstrating the relevance of endogenous growth theory for studying this important region, this fourth volume in the NBER-East Asia Seminar on Economics series will be of interest to observers of East Asian affairs.

Postwar Japanese Economy

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Publisher : Springer Science & Business Media
ISBN 13 : 1441963324
Total Pages : 167 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis Postwar Japanese Economy by : Mitsuhiko Iyoda

Download or read book Postwar Japanese Economy written by Mitsuhiko Iyoda and published by Springer Science & Business Media. This book was released on 2010-08-05 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the end of World War II, the Japanese economy has seen rapid changes and remarkable progress. It has also experienced a bubble economy and period of prolonged stagnation. The book seeks to address three major questions: What kind of changes have taken place in the postwar years? In what sense has there been progress? What lessons can be drawn from the experiences? The book is organized as follows: It begins with an overview of the postwar Japanese economy, using data to highlight historical changes. The four major economic issues in the postwar Japanese economy (economic restoration, rapid economic growth, the bubble economy and current topics) are addressed, with particular focus on the meaning of economic growth and the bubble economy. The next chapters examine the important economic issues for Japan related to a welfare-oriented society, including income distribution, asset distribution, and the relative share of income. Another chapter deals with the household structure of Japan, the pension issue, and the importance of the effect of demographic change on income distribution. The final chapter gives a brief summary, examines quality of life as a lesson of this research, and briefly outlines a proposal for a basic design towards achieving a high satisfaction level society. This book will be of interest to economists, economic historians and political scientists and would be useful as a text for any course on the Japanese economy.

The Economics of Global Turbulence

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Publisher : Verso
ISBN 13 : 9781859847305
Total Pages : 412 pages
Book Rating : 4.8/5 (473 download)

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Book Synopsis The Economics of Global Turbulence by : Robert Brenner

Download or read book The Economics of Global Turbulence written by Robert Brenner and published by Verso. This book was released on 2006-08-17 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: A commanding survey of the world economy from 1950 to the present, from the author of the acclaimed The Boom and the Bubble.

Regime Shift

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Publisher : Cornell University Press
ISBN 13 : 9780801485299
Total Pages : 292 pages
Book Rating : 4.4/5 (852 download)

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Book Synopsis Regime Shift by : T. J. Pempel

Download or read book Regime Shift written by T. J. Pempel and published by Cornell University Press. This book was released on 1998 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pempel contrasts the political economy of Japan during two decades: the 1960s ̧when the nation e¡perienced conservative political dominance and high growth ̧and the early 1990s ̧when the "bubble economy" collapsed and electoral politics changed. The different dynamics of the two periods indicate a regime shift in which the present political economy deviates profoundly from earlier forms. This shift has involved a transformation in socioeconomic alliances ̧political and economic institutions ̧and public policy profile ̧rendering Japanese politics far less predictable than in the past. Pempel weighs the Japanese case against comparative data from the USA ̧Great Britain ̧Sweden and Italy ̧to show how unusual Japan's political economy had been in the 1960s. The te¡t suggests that Japan's present troubles are deeply rooted in the economy's earlier success.

Spending Without Taxation

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Publisher : Stanford University Press
ISBN 13 : 0804773300
Total Pages : 338 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis Spending Without Taxation by : Gene Park

Download or read book Spending Without Taxation written by Gene Park and published by Stanford University Press. This book was released on 2011-03-25 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation This work demonstrates how the Fiscal Investment Loan Program (FILP) enabled the Japanese government to run a neo-classical fiscal policy based on low budget spending from the end of the 1940s to 1970.

The Evolution of Japan's Party System

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Publisher : University of Toronto Press
ISBN 13 : 1442695439
Total Pages : 241 pages
Book Rating : 4.4/5 (426 download)

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Book Synopsis The Evolution of Japan's Party System by : Leonard J. Schoppa

Download or read book The Evolution of Japan's Party System written by Leonard J. Schoppa and published by University of Toronto Press. This book was released on 2011-11-05 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: In August 2009, the Democratic Party of Japan (DPJ) won a crushing victory over the Liberal Democratic Party (LDP), thus bringing to an end over fifty years of one-party dominance. Around the world, the victory of the DPJ was seen as a radical break with Japan's past. However, this dramatic political shift was not as sudden as it appeared, but rather the culmination of a series of changes first set in motion in the early 1990s. The Evolution of Japan's Party System analyses the transition by examining both party politics and public policy. Arguing that these political changes were evolutionary rather than revolutionary, the essays in this volume discuss how older parties such as the LDP and the Japan Socialist Party failed to adapt to the new policy environment of the 1990s. Taken as a whole, The Evolution of Japan's Party System provides a unique look at party politics in Japan, bringing them into a comparative conversation that usually focuses on Europe and North America.