RIETI - Fiscal Reform of Japan: Redesigning the Frame of the State

Information

Date: 11 - 12 March, 2004.

Venue: United Nations University

Language: Japanese

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Day 1: March 11

Session 1: Introduction
Session Chair: NIIHARA Hiroaki (RIETI Consulting Fellow)

Opening Remark
	AOKI Masahiko (RIETI President & Chief Research Officer / Professor, Stanford University)

"Fiscal Problems of Japan: Toward Prescribing a Solution"
	TSURU Kotaro (RIETI Senior Fellow) "Fiscal Problems of Japan: Toward Prescribing a Solution" (Abstract of Discussion Paper 04-J-006)

Comments
	HONMA Masaaki (Professor, Graduate School of Economics, Osaka University)

Session 2: Political and Administrative Systems and Public Finance
Session Chair: KAINOU Kazunari (RIETI Fellow)

"Two Aspects of Japan's Bureaucratic System as Seen in Fiscal Procedures"
	IIO Jun (RIETI Faculty Fellow / Professor of Government, National Graduate Institute for Policy Studies) "Two Aspects of Japan's Bureaucratic System as Seen in Fiscal Procedures" (Abstract of Discussion Paper 04-J-007)

"Why Does the Government's Budget Balloon and How Can it be Curbed?: Focusing on Incentives for Bureaucrats"
	KADONO Nario (RIETI Consulting Fellow / Deputy Director, Macro Economic Affairs Division, Economic and Industrial Policy Bureau, METI) TAKIZAWA Hirokazu (RIETI Fellow & Deputy Director of Research) "Why Does the Government's Budget Balloon and How Can it be Curbed?: Focusing on Incentives for Bureaucrats" (Abstract of Discussion Paper 04-J-008)

Comments
	KATO Sota (RIETI Faculty Fellow)

Session 3: Fiscal System in Historical Context - Lessons from the Past and for the Future
Session Chair: KADONO Nario (RIETI Consulting Fellow / Deputy Director, Macro Economic Affairs Division, Economic and Industrial Policy Bureau, METI)

"Political system and fiscal performance: Japan's historical experience"
	OKAZAKI Tetsuji (RIETI Faculty Fellow / Professor of Economics, University of Tokyo) "Political system and fiscal performance: Japan's historical experience" (Abstract of Discussion Paper 04-J-009)

"The Role of Public Awareness in Fiscal Reform"
	NAKABAYASHI Mieko (RIETI Fellow) "The Role of Public Awareness in Fiscal Reform" (Abstract of Discussion Paper 04-J-010)

Comments
	INOKI Takenori (Professor, International Research Center for Japanese Studies)

Session 4: Long-Term Budget Constraints in Public Finance: Tax and Government Bonds
Session Chair: OKAZAKI Tetsuji (RIETI Faculty Fellow / Professor of Economics, University of Tokyo)

"Fiscal Discipline/Government Debt Management and Monetary Policy"
	WATANABE Tsutomu (RIETI Faculty Fellow / Professor of Institute of Economic Research, Hitotsubashi University) "Fiscal Discipline/Government Debt Management and Monetary Policy" (Abstract of Discussion Paper 04-J-011)

"Tax Reform from the Perspective of Economic Revitalization"
	SAKATA Ichiro (RIETI Consulting Fellow / Deputy Director, Corporate Affairs Division, Economic and Industrial Policy Bureau, METI) "Tax Reform from the Perspective of Economic Revitalization" (Abstract of Discussion Paper 04-J-012)

"The Political Economy of Tax Reform"
	KUNIEDA Shigeki (Assistant Professor, Graduate School of International Corporate Strategy, Hitotsubashi University) "The Political Economy of Tax Reform" (Abstract of Discussion Paper 04-J-013)

Comments
	FUJIKI Hiroshi (Deputy Director, Institute for Monetary and Economic Studies, Bank of Japan)
	MORINOBU Shigeki (Visiting Professor, GRIPS / Director General, Tokyo Customs)

Day 2: March 12

Session 5: Managerial Perspective of Fiscal Reform
Session Chair: NAKABAYASHI Mieko (RIETI Fellow)

"Fiscal Rules/Targets and Budget Management Reform"
	TANAKA Hideaki (RIETI Consulting Fellow / Visiting Fellow, Australia National University) "Fiscal Rules/Targets and Budget Management Reform" (Abstract of Discussion Paper 04-J-014)

"Fiscal Reform from the Perspective of Social System Design"
	YOKOYAMA Yoshinori (RIETI Senior Fellow) "Fiscal Reform from the Perspective of Social System Design" (Abstract of Discussion Paper 04-J-015)

Comments
	IWAMOTO Yasushi (Professor, Department of Economics, Hitotsubashi University)

Session 6: How to Reform Fiscal Relations between the Central and Local Governments
Session Chair: TSURU Kotaro (RIETI Senior Fellow)

"The Central and Local Governments: Redesigning Intergovernmental Fiscal Relations"
	DOI Takero (RIETI Consulting Fellow / Associate Professor, Faculty of Economics, Keio University) "The Central and Local Governments: Redesigning Intergovernmental Fiscal Relations" (Abstract of Discussion Paper 04-J-016)

"Redesigning the Fiscal Structure of Local Governments: From the Point of View of Local Governance Reform"
	KITAMI Tomitaro (RIETI Consulting Fellow / Deputy Director, Industrial Organization Division, Economic and Industrial Policy Bureau, METI) "Redesigning the Fiscal Structure of Local Governments: From the Point of View of Local Governance Reform" (Abstract of Discussion Paper 04-J-017)

Comments
	KONISHI Sachio (Professor, Graduate School of Economics, Kwansei Gakuin University)

Session7: Long-Term Perspective of Government Finance from Public Accounting Point of View
Session Chair: TAKIZAWA Hirokazu (RIETI Fellow)

"Simulation Analysis of Fiscal Crisis"
	KAINOU Kazunari (RIETI Fellow) "Simulation Analysis of Fiscal Crisis" (Abstract of Discussion Paper 04-J-018)

"Stock Analysis of Fiscal Problems: Focusing on Burdens Brought to Future Generations"
	TAKAHASHI Yoichi (RIETI Consulting Fellow / Director of Financial Division, Kanto Local Finance Bureau, MOF) "Stock Analysis of Fiscal Problems: Focusing on Burdens Brought to Future Generations" (Abstract of Discussion Paper 04-J-019)

Comments
	KITAMURA Yukinobu (Professor, Institute of Economic Research, Hitotsubashi University)
	KAWAMOTO Yuko (Senior Expert, McKinsey & Company, Inc)

Session 8: Wrap-up Discussion
Session Chair: AOKI Masahiko (RIETI President & Chief Research Officer / Professor, Stanford University)

* The agenda is subject to change.