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Fiscal Stabilization Under Government Spending Reversal

  • Kazuki Hiraga
Chapter

Abstract

Many advanced countries face on the fiscal consolidation to set some fiscal rule. For example, countries which join the Euro currency followed the Maastricht Treaty. And Japan set some commitments of fiscal discipline; e.g. “Basic Policy 2006” mentioned about the primary balance would be positive until 2011.

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Copyright information

© Springer Nature Singapore Pte Ltd. 2019

Authors and Affiliations

  • Kazuki Hiraga
    • 1
  1. 1.Tokai UniversityTokyoJapan

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