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Fiscal Policy and Management in East Asia

Online ISBN:
9780226387062
Print ISBN:
9780226386812
Publisher:
University of Chicago Press
Book

Fiscal Policy and Management in East Asia

Takatoshi Ito (ed.),
Takatoshi Ito
(ed.)
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Andrew K. Rose (ed.)
Andrew K. Rose
(ed.)
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Published:
15 November 2007
Online ISBN:
9780226387062
Print ISBN:
9780226386812
Publisher:
University of Chicago Press

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 obligations that governments have undertaken to provide pensions and health care for their citizens. The book features both overviews and analyses of the countries discussed.

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