IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-50878-1_2.html
   My bibliography  Save this book chapter

Special Corporations: On and On They Go

In: Special Corporations and the Bureaucracy

Author

Listed:
  • Susan Carpenter

Abstract

Special corporations receive funds through investments from postal account savings1 and funds, and loans from the Financial Investment Loan Program (FILP), often referred to as Japan’s ‘secondary budget’. FILP was established in 1953 and can be described as a huge financial organ operated by the public sector. Postal savings is its largest part with another entity being the public pension fund.2 Tax revenue from both national and local governments also is a source of funding and supplementing of budgets.3 Although four special corporations operate independently of tax revenue, forty-five corporations depend entirely on it. Seven corporations use over 90 per cent tax revenue, three use more than 80 per cent, one receives 70 per cent of its funding from this source, two operate on 60 per cent tax revenue, and one receives less than 50 per cent.4 Since the funding for some of the corporations does not come entirely from tax revenue (for example, private investment) they are not required to make public the sources of other capital investment.

Suggested Citation

  • Susan Carpenter, 2003. "Special Corporations: On and On They Go," Palgrave Macmillan Books, in: Special Corporations and the Bureaucracy, chapter 2, pages 14-50, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-50878-1_2
    DOI: 10.1057/9780230508781_2
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-50878-1_2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.