- 2000/284 pages
- A Study of the East Asian Institute
Japan's Budget Politics:
Balancing Domestic and International Interests
Hardcover: $62.00
ISBN: 978-1-55587-887-0
What is the source of the increasing politicization of Japan's budgetary policy? Takaaki Suzuki explores this question, finding the answer in the the interplay of domestic and international politics from the early 1970s through the 1990s.
Suzuki points out that, just as modern state leaders must strike a balance between the appropriate roles of the market and the state in determining how scarce resources are to be allocated internally, so must they continually negotiate with their foreign counterparts to foster freer international markets while mitigating the social costs they entail. States are confronted with the challenge of devising budgetary policies that accomodate both domestic and international concerns; Suzuki offers a cogent account of how the Japanese state has responded to this challenge.
