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Monetary policy pertains to the regulation, availability, and cost of credit, while Fiscal policy deals with government expenditures, taxes, and debt. Through management of these areas, the Ministry of Finance regulated the allocation of resources in the economy, affected the distribution of income and wealth among the citizenry, stabilized the level of economic activities, and promoted ...
The Land Tax Reform of 1873 was the first modern land law, and contributed to the economic growth of the Meiji period, destroying the old economic and social system and creating the new system. The law increased tax revenue and boosted farm productivity by issuing the title deeds to buy and sell land freely.
The law of Japan refers to the legal system in Japan, which is primarily based on legal codes and statutes, with precedents also playing an important role. [1] Japan has a civil law legal system with six legal codes, which were greatly influenced by Germany, to a lesser extent by France, and also adapted to Japanese circumstances.
Japan's market economy model shapes the relationship between government and business. There is debate among scholars on how to classify Japan's market economy and welfare state model. [1] Some argue that the focuses of Japan's government, businesses, and laborers are solely oriented towards increasing economic productivity. [2]
This law also abolished the Financial Futures Trading Act (Japanese: 金融先物取引法, romanized: Kin'yū Sakimono Torihiki Hō) and three other laws, incorporating their regulations into the FIEA. [1] The law had three major aims: to encourage the use of financial services and instruments by extending consumer protection and increasing ...
Six Codes (Chinese: 六法; pinyin: Liù Fǎ; Kana: ろっぽう; Hangul: 육법) refers to the six main legal codes that make up the main body of law in Japan, South Korea, and Taiwan. [1] Sometimes, the term is also used to describe the six major areas of law. Furthermore, it may refer to all or part of a collection of statutes.
Regulatory economics is the application of law by government or regulatory agencies for various economics-related purposes, including remedying market failure, protecting the environment and economic management.
Mechanisms used by the Japanese government to affect the economy typically relate to trade, labor markets, competition, and tax incentives. They include a broad range of trade protection measures, subsidies, de jure and de facto exemptions from antitrust statutes, labor market adjustments, and industry-specific assistance to enhance the use of ...