Japan's Fiscal Crisis The Ministry of Finance and the Politics of Public Spending, 1975-2000

Name: Japan's Fiscal Crisis The Ministry of Finance and the Politics of Public Spending, 1975-2000
Availability: OutOfStock
ISBN: 9780199250530

ISBN-10: 0199250537

ISBN-13: 9780199250530

Edition: 2002

Authors: Maurice Wright

List price: $120.00

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This controversial and authoritative account of budget-making and budgetary politics, the author traces the origins and development of Japan's present crisis. In a detailed analysis of the institutions, structures, and processes of central government, the author explains how decisions were made about how much to spend and on what in the central budget and the Fiscal and Investment Loan Programme - the so-called 'second budget'. Wright shows who and what won and lost and why, explains the informal policy and behavioral rules-of-the-game by which the conduct of the main players was regulated, and compares Japan's fiscal performance with the UK and other G7 countries. It challenges the…

Book details

List price: $120.00
Copyright year: 2002
Publisher: Oxford University Press, Incorporated
Publication date: 5/23/2002
Binding: Hardcover
Pages: 648
Size: 6.14" wide x 9.21" long x 1.30" tall
Weight: 2.266
Language: English




Introduction



The Origins of the Fiscal Crisis



The Context of Japanese Budgeting



The Politico-Economic Context



Administrative Reform



Politicians and Bureaucrats in the Policy-making Processes



Institutions, Structures and Actors



The Spending Ministries and Agencies



Ministerial Autonomy and Territorial Boundaries: Co-ordination, Competition and Conflict in the Policy-making Processes



The Ministry of Finance



MOF's Elite Administrators



The LDP's Policy-making Structures



Budget Institutions and Structures



The 'Second Budget': The Fiscal Investment Loan Programme



Interactions



Budget Objectives and Policies



Economic Forecasts and Fiscal Projections



Budget Strategy, Guidelines and Ceilings



The Budget Processes in the Spending Ministries



The Budget Bureau's Hearings, Examination and Negotiations



Rules-of-the-Game: Managing Relations with the Spending Ministries



Making the FILP Budget



The Role and Influence of the LDP in the Budgetary Processes



The Outputs of the Budgetary Processes



Who Wins, Who Loses?



Cuts and Squeezes in the Bureaucracy



A 'Public Works State'



Winning and Losing in the FILP Budget



Effects and Effectiveness



Fiscal Reconstruction: 'Smoke and Mirrors'



Deficits and Debts



Japan's Fiscal Performance in an International Context



FILP Under Stress



Coping with Fiscal Stress



Budget Institutions, Deficits and Debts