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
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.
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 |
