Fiscal Discipline in Japan: An Urgent Issue [MyVisionNo.4] nira.or.jp/english/index.html According to an estimate published by the Fiscal System Council, even if it is possible to balance basic fiscal revenue and expenditure by fiscal 2020, if there is no ongoing financial reconstruction, government debt will be four times Japan’s GDP in fiscal 2060. Mechanisms have been instituted to realize fiscal discipline, but the nation’s finances are approaching a crisis. How can Japan ensure fiscal discipline that encompasses its social security finances? In this issue of My Vision, five experts discuss what should be done. (Manabu Shimasawa, Senior Researcher, NIRA) ＜The interviewees＞ Junko Kato Professor, Graduate School for Law and Politics, The University of Tokyo Toshihiro Ihori Professor, Graduate School of Economics, The University of Tokyo Kaoru Yosano Former Minister of Finance Taro Miyamoto Professor, Faculty of Law, Chuo University Takeshi Erikawa Chairman, Saitama Prefectural University, Chairman, The Health Care Science Institute ※日本語版は7月1日に公表しています。
Posted on: Fri, 22 Aug 2014 05:23:00 +0000
Trending Topics
Recently Viewed Topics
© 2015