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Fiscal Policy and Management in East Asia
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Fiscal Policy and Management in East Asia

Takatoshi Ito and Andrew K. Rose

Abstract

Managing fiscal policy—the revenues and spending of an individual nation—is among the most challenging tasks facing governments. Wealthy countries are constrained by complex regulation and taxation policies, while developing nations often face high inflation and trade taxes. This book examines the problems and challenges facing public finance in the developing countries of East Asia as well as Japan and the United States. It explores the inefficient tax systems of many developing countries, the relationship between public and private sector economic behavior, and the pressing issue of future o ... More

Keywords: fiscal policy, revenues, spending, public finance, taxation, developing countries, inflation, East Asia, pensions, health care

Bibliographic Information

Print publication date: 2007 Print ISBN-13: 9780226386812
Published to Chicago Scholarship Online: February 2013 DOI:10.7208/chicago/9780226387062.001.0001

Authors

Affiliations are at time of print publication.

Takatoshi Ito, editor

Andrew K. Rose, editor

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Contents

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Introduction

Takatoshi Ito and Andrew K. Rose

I Fiscal Systems in Developing and Developed Countries

II The Impact of Government Policy on Private Behavior

III International Long-Run Sustainability Issues

5 Will China Eat Our Lunch or Take Us to Dinner?

Hans Fehr, Sabine Jokisch, and Laurence J. Kotlikoff

6 External Debt, Adjustment, and Growth

Delano P. Villanueva and Roberto S. Mariano

IV Sustainability

7 Australian Government Balance Sheet Management

Wilson Au-Yeung, Jason McDonald, and Amanda Sayegh

11 Sustainability, Debt Management, and Public Debt Policy in Japan

Takero Doi, Toshihiro Ihori, and Kiyoshi Mitsui