1st Edition
Fiscal Decentralization and Local Public Finance in Japan
By Nobuki Mochida
Copyright 2008
262 Pages
18 B/W Illustrations
by
Routledge
240 Pages
18 B/W Illustrations
by
Routledge
The intergovernmental fiscal issue is highly relevant given the worldwide movement toward more decentralized governance in both industrial and developing countries. Over the course of five decades Japan has developed a robust system of decentralized governance. This book investigates fiscal decentralization and local finance in Japan with a view to understanding how the process of... Read more
Introduction 1. Historical Back Drop 2. Division of Function 3. Tax Assignment 4. Option for Local VAT 5. Design of Fiscal Transfers 6. Fiscal Equalization Scheme 7. Local Bond System 8. Drive to Decentralize. Conclusion
Biography
Nobuki Mochida is a Professor at the Graduate School of Economics at the University of Tokyo, Japan.
“Although Japan is one of the most decentralized countries in the world and over the course of four decades has developed a robust system of decentralized governance with important lessons – positive and negative - for the rest of the world, little information has been available outside the Japanese language on its achievements and challenges. The current volume by Nobuki Mochida fills this vacuum in an excellent manner and will become the standard reference on Japan for students of intergovernmental fiscal relations around the world.” Jorge Martinez-Vazquez (Georgia State University, USA)
