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Compassion for Future Generation Is Not Only for Others’ Benefit: Solving the Problems with Long-Term Fiscal Policies

In: Future Design

Author

Listed:
  • Tatsuhiro Shichijo

    (Osaka Prefecture University)

  • Toshiaki Hiromitsu

    (Policy Research Institute, Ministry of Finance)

Abstract

OfJapanese finance theFuture generations 2014 annual expenditure of the budget bill for the Japanese governmentGovernment (Fig. 1), debt-servicing costs totaled 23.3 trillion yen, which is the amount borrowed plus interest payments.

Suggested Citation

  • Tatsuhiro Shichijo & Toshiaki Hiromitsu, 2020. "Compassion for Future Generation Is Not Only for Others’ Benefit: Solving the Problems with Long-Term Fiscal Policies," Economics, Law, and Institutions in Asia Pacific, in: Tatsuyoshi Saijo (ed.), Future Design, chapter 0, pages 169-186, Springer.
  • Handle: RePEc:spr:eclchp:978-981-15-5407-0_12
    DOI: 10.1007/978-981-15-5407-0_12
    as

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