The Rise and Fall of the Industrious State: Why Did Japan’s Welfare State Differ from European-Style Models?
Eisaku Ide ()
Additional contact information
Eisaku Ide: Keio University
A chapter in Worlds of Taxation, 2018, pp 217-243 from Palgrave Macmillan
Abstract:
Abstract This chapter explains why the welfare state in modern Japan should be described as the “Industrious State” and discusses how and why its development diverged from that of the European-style model. The Industrious State was based on a model of personal responsibility, supported by a historic ideology extolling the virtues of hard work and savings. The Industrious State was built on the pillars of cuts in income taxes that would return income to workers and of investments in public works that would ensure opportunities for work. In the 1990s, however, the Industrious State was confronted with the collapse of the “bubble economy” followed by a sharp decline in income levels and a sagging savings rate. Since then, Japan has struggled to replace the Industrious State.
Keywords: Japanese-style welfare society; Abenomics; Industrious State; Construction State; Public works; Tax cuts (tax reform) (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pal:psitcp:978-3-319-90263-0_9
Ordering information: This item can be ordered from
http://www.palgrave.com/9783319902630
DOI: 10.1007/978-3-319-90263-0_9
Access Statistics for this chapter
More chapters in Palgrave Studies in the History of Finance from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().