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| Author: | Ishi, H. |
| Title: | Budgets and the budgetary process in Japan |
| Journal: | Hitotsubashi Journal of Economics
1996 : JUN, VOL. 37:1, p. 1-20 |
| Index terms: | JAPAN BUDGET ECONOMICS |
| Language: | eng |
| Abstract: | Government fiscal activity can be reported through the budget to the nation. Governments perform a number of functions. Public expenditures and taxes are used to stabilize the economy; that is, when private demand is weak, expenditures may be increased or taxes adjusted downward or both. Even if stabilization goals are satisfied, the government would have to fulfill other roles, such as resource allocation and income distribution in the economy. These roles represent themselves in the provision of certain public goods and services to society at large or to specific individuals separately. |
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