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The Financial Feasibility of Basic Income and the Idea of a Refundable Tax Credit in Japan

In: Basic Income in Japan

Author

Listed:
  • Shinji Murakami

Abstract

In Japan, like in other industrialized countries, economists have advocated basic income (BI) and similar income security schemes of various types. For example, some conservative economists, who support efficient market mechanisms, assert that BI can activate the market and create an efficient social security administration. On the other hand, some liberal economists, who support the idea of social rights and an increase in social welfare, claim that BI can solve the malfunctions of existing social security systems and guarantee the right to well-being.

Suggested Citation

  • Shinji Murakami, 2014. "The Financial Feasibility of Basic Income and the Idea of a Refundable Tax Credit in Japan," Exploring the Basic Income Guarantee, in: Yannick Vanderborght & Toru Yamamori (ed.), Basic Income in Japan, chapter 0, pages 219-245, Palgrave Macmillan.
    • Handle: RePEc:pal:etbchp:978-1-137-34808-1_14
    DOI: 10.1057/9781137348081_14
    as

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