This book describes the astonishing policy failures of populist politicians in Japan. Focussing on popular tax cuts in Japan as a salutary case study the book details their serious side effects: government debt, cuts to social security expenditure, inadequate public services and even the potential for a national default.
This book describes the astonishing policy failures of populist politicians in Japan. Focussing on popular tax cuts in Japan as a salutary case study the book details their serious side effects: government debt, cuts to social security expenditure, inadequate public services and even the potential for a national default.
Shimono Keiko is a policy-oriented economist whose work is based on Keynesian theory and statistical data analysis, focusing on economic growth, labour issues, inequality, social security and government.
Inhaltsangabe
List of Figures List of Tables Preface Introduction 1. The Purpose of This Book 2. The Structure of This Book 3. Things the Reader Should Be Aware of Part I Budget Deficits Caused by Tax Cuts, and the Risk of Financial Collapse Chapter One The Causes of Japan's Government Debt Chapter Two The Consequences of a Possible Financial Collapse Chapter Three The Theory behind this Book: Economic Growth through Wage Growth and Redistribution Part II How Cuts to Public Services Affect People's Lives Chapter Four Japan's Preference for 'Small Government' Chapter Five The Bottlenecks Caused by Cuts to the Public Service and Reductions in Social Security Expenditure Part III Increasing Income Tax as an Alternative Solution Chapter Six Income Inequality Resulting from Tax Cuts Chapter Seven Enlarging the Tax Base to ensure a Fair Tax and Social Security Burden References Index.
List of Figures List of Tables Preface Introduction 1. The Purpose of This Book 2. The Structure of This Book 3. Things the Reader Should Be Aware of Part I Budget Deficits Caused by Tax Cuts, and the Risk of Financial Collapse Chapter One The Causes of Japan's Government Debt Chapter Two The Consequences of a Possible Financial Collapse Chapter Three The Theory behind this Book: Economic Growth through Wage Growth and Redistribution Part II How Cuts to Public Services Affect People's Lives Chapter Four Japan's Preference for 'Small Government' Chapter Five The Bottlenecks Caused by Cuts to the Public Service and Reductions in Social Security Expenditure Part III Increasing Income Tax as an Alternative Solution Chapter Six Income Inequality Resulting from Tax Cuts Chapter Seven Enlarging the Tax Base to ensure a Fair Tax and Social Security Burden References Index.
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