JAPAN: Debt burden exacerbated by local finances
You must be signed in to read this analysis
In this article
- Unitary government
- Local Allocation Tax (LAT)
- Pressure to borrow
- Other problems
- Micro-management
- Excessive redistribution
- Trinity Reform
- Sustainability
- Outlook
What is this?
This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.