Description: Part I. Overview: The Policy Environment1: The Preconditions for Post-war Economic Growth2: Rapid Economic Growth and Its Effects3: Structural Changes Towards a New Dimension4: The Emergence of the Bubble Economy and its AftermathPart II. Fiscal Policy Responses5: Budget and Budgetary Process6: Budget Orthodoxy and Strategies of Fiscal Consolidation7: An Empirical Analysis of Balanced Budget Policy, 1953-19658: How Financial Sources were Generated in a Growing EconomyPart III. Specific Aspects of Budgetary Activity9: Public Expenditure Trends in Light of Human Resource Development10: Ageing and the Social Security System11: Tax Policy for Export Promotion, 1953-196412: The Role of the Fiscal Investment and Loan Programme13: The Budgetary Behaviour of Local Government and Intergovernmental Grant Policies

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