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Local Governments

  • Hideo Nakano
Chapter
Part of the Research Monographs in Japan-U.S. Business & Economics book series (JUSB, volume 7)

Abstract

Many local governments are in crisis. Their deficits are dramatically increasing. The outstanding amount of bonds, which was 52 trillion yen at the end of 1990 FY, is growing at an annual rate of almost 13% on average, and reached 100 trillion yen in 1996 FY.

Keywords

Local Government Central Government Capital Expenditure Interest Payment Bond Issue 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 2002

Authors and Affiliations

  • Hideo Nakano

There are no affiliations available

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