Spending Without Taxation

Spending Without Taxation

FILP and the Politics of Public Finance in Japan

eBook - 2011
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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.
Publisher: Stanford, Calif. : Stanford University Press, ©2011
ISBN: 9780804777667
0804777667
9780804773300
0804773300
Characteristics: 1 online resource (xiv, 321 pages) : illustrations

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