Fiscal Consolidation Strategy in Japan: The Role of Expenditure Control

10 Pages Posted: 14 Feb 2012

Date Written: March 29, 2007

Abstract

Kajikawa examines the role of public expenditure control in Japanese fiscal consolidation. After outlining recent fiscal developments, he discusses the control of two types of expenditure: project and programme. The former comprises investment and current spending for the implementation of specific projects, the latter social protection and health care. Capping can be effective for project spending, since a limit to disbursement can be set in the budget process. The dynamics of programme type expenditures can only be modified by changing the design of the programmes themselves.

Suggested Citation

Kajikawa, Mikio, Fiscal Consolidation Strategy in Japan: The Role of Expenditure Control (March 29, 2007). Available at SSRN: https://ssrn.com/abstract=2004467 or http://dx.doi.org/10.2139/ssrn.2004467

Mikio Kajikawa (Contact Author)

Ministry of Finance - Japan ( email )

Japan

Register to save articles to
your library

Register

Paper statistics

Downloads
25
Abstract Views
377
PlumX Metrics