課税無き歳出：日本における財政投融資の政治学 Spending without Taxation : FILP and the Politics of Public Finance in Japan (Studies of the Walter H. Shorenstein Asia-pacific Research Center)

課税無き歳出：日本における財政投融資の政治学<br>Spending without Taxation : FILP and the Politics of Public Finance in Japan (Studies of the Walter H. Shorenstein Asia-pacific Research Center)

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課税無き歳出：日本における財政投融資の政治学
Spending without Taxation : FILP and the Politics of Public Finance in Japan (Studies of the Walter H. Shorenstein Asia-pacific Research Center)

Park, Gene

ウェブストア価格 ¥15,374（本体¥13,977）
Stanford University Press（2011/03発売）
外貨定価 US$ 70.00
ポイント 139pt

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製本 Hardcover:ハードカバー版／ページ数 344 p.
言語 ENG
商品コード 9780804773300
DDC分類 336.52

基本説明

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.

Full Description

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.