Public Finances and the Financial System
In this chapter we discuss government activities and finance. Section 10.1 discusses the importance of government expenditure in the economy and changes in the structure of government revenue and expenditure, and in Section 10.2 we evaluate the influence of government financial activities, particularly in connection with economic growth. In Section 10.3 we turn our attentions to changes in the financial system, the circulation of capital and overloan/overborrowing. Finally, in Section 10.4 we discuss changes in the amount and structure of the money supply, and changes in the Marshallian k, which regulates the demand for currency.
KeywordsFinancial System Government Expenditure Money Supply Government Revenue Government Security
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- On public finances: Ackley and Ishi, 1976 Emi, 1963 Emi and Ishi, 1979 Fujita, 1966; 1975–6 Ishi, 1974 Komiya, 1966c Patrick, 1968Google Scholar
- On the financial system: Fujino, 1968 Goldsmith, 1983 Nishikawa, 1974 Patrick, 1967 Suzuki, 1980 Tachi, 1966 Wallich and Wallich, 1976 Yamamura, 1972Google Scholar