Spending Without Taxation FILP and the Politics of Public Finance in Japan |
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| Author:
| Park, Gene |
| Series title: | Studies of the Walter H. Shorenstein Asia-Pacific Research Center Ser. |
| ISBN: | 978-0-8047-7330-0 |
| Publication Date: | Mar 2011 |
| Publisher: | Stanford University Press
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| Book Format: | Hardback |
| List Price: | USD $70.00 |
Book Description:
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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.