Paying for the FILP

Takero Doi and Takeo Hoshi

in Structural Impediments to Growth in Japan

Published by University of Chicago Press

Published in print November 2003 | ISBN: 9780226060217
Published online February 2013 | e-ISBN: 9780226060231 | DOI:
Paying for the FILP

Show Summary Details


Japan's Fiscal Investment and Loan Program (FILP) collects funds through government financial institutions (most notably postal savings), which it uses to finance public projects undertaken by government-affiliated corporations or to finance government loans to borrowers in targeted areas (targeted industries, small firms, mortgage borrowers, etc.). This chapter examines the FILP's financial condition to see whether it constitutes a serious impediment to the recovery of the Japanese economy. It also describes the reform of the FILP introduced in April 2001 and evaluates its likely impact.

Keywords: FILP; financial institutions; postal savings; public projects; government loans; Japanese economy; economic recovery

Chapter.  12228 words.  Illustrated.

Subjects: Business and Management

Full text: subscription required

How to subscribe Recommend to my Librarian

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.