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Preface

Exploring the Causes and Remedies of Japanization

Edited by Dongchul Cho, Takatoshi Ito and Andrew Mason

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Introduction and overview

Exploring the Causes and Remedies of Japanization

Dongchul Cho, Takatoshi Ito and Andrew Mason

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Abbreviations and acronyms

Exploring the Causes and Remedies of Japanization

Edited by Dongchul Cho, Takatoshi Ito and Andrew Mason

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Preface

Achieving Fiscal Sustainability

Edited by Naoyuki Yoshino and Peter J. Morgan

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Peter J. Morgan and Long Q. Trinh

Sustainable and inclusive growth in emerging Asian economies requires continued high levels of public sector investment in areas such as infrastructure, education, health, and social services. These responsibilities, especially with regard to infrastructure investment, need to be devolved increasingly to the regional government level. However, growth of sources of revenue and financing for local governments has not necessarily kept pace, forcing them, in some cases, to increase borrowing or cut spending below needed levels. This chapter reviews alternative models of the relationship between central and local governments, and provides an overview and assessment of different financing mechanisms for local governments, including tax revenues, central government transfers, bank loans, and bond issuance, with a focus on the context of emerging Asian economies. The chapter also reviews financing mechanisms for local governments and mechanisms for maintaining fiscal stability and sustainability at both the central and local government levels. Based upon the evidence on the decentralization process in Asia, it proposes some policy implications for improving central–local government relations and fiscal sustainability.

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Edited by W. J. Morgan, Qing Gu and Fengliang Li

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Muchu Zhang and Ruth Hayhoe

The chapter provides a detailed historical analysis of the cultural and global influences on the modernization of China’s basic education, higher education and teacher education. It concludes that Chinese education has grown from its cultural roots, and should explain the educational dimensions of the Confucian heritage to a world that has become increasingly interested in its language, culture and society.

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W. John Morgan, Qing Gu and Fengliang Li

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Edited by W. J. Morgan, Qing Gu and Fengliang Li

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Edited by W. J. Morgan, Qing Gu and Fengliang Li