Capital Taxation in Japan and South Korea (1990s-2010s)
Similar Outcomes, Different Trajectories
Dados Bibliográficos
| ID | 3985505 |
|---|---|
| Autores | Sung Ho Park (0000-0003-2171-235X, Yonsei University Mirae Campus, autor correspondente) |
| Ano | 2022 |
| Volume | 52 |
| Fascículo | 1 |
| Páginas | 71-101 |
| Data de publicação | 2022-01-01 |
| Peer Reviewed | Sim |
| Open Access | Não |
| Tipo | ARTICLE |
| Periódico | Journal of Contemporary Asia (JOURNAL) |
| Identificadores do periódico | ISSN: 0047-2336 • E-ISSN: 1752-7554 |
| Editora | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/00472336.2020.1823454 |
| OpenAlex | W3093183948 |
| Idioma | EN |
| Citações recebidas | 1 |
| Referências citadas | 44 |
This article examines the trajectories of capital tax policies in Japan and South Korea over recent decades. Historically, the two countries present an ideal case for studying fiscal developmentalism in East Asia. Total taxation was low, although capital owners assumed higher tax burdens than workers and consumers. From the 1990s to 2010s, both countries underwent a series of market-oriented tax reforms. A large body of political economy literature contends that the tax structures of these countries became increasingly neo-liberal during this period. Cuts in capital taxes were the primary focus of such changes. This article seeks to review this interpretation of the capital tax policies of Japan and South Korea. Through an examination of statutory and effective tax rate data, it confirms that no “race-to-the-bottom” cutbacks happened to capital taxation in these countries. Despite sharing this common ground, however, Japan’s approach constitutes a more regressive case of capital tax adjustment than South Korea’s. The author elucidates the reasons behind this difference by employing a revised partisan theory of capital taxation. The empirical analysis demonstrates the validity of this claim by examining eight cases of partisan governments in Japan and South Korea from the 1990s to the 2010s
Business · Capital (architecture · Economic system · Economics · Geography · Political science · Fiscal Policies and Political Economy · Fiscal Policy and Economic Growth · Local Government Finance and Decentralization
The End of the Strong State?
The Political Economy of the Small Welfare State in South Korea
Wage Setting, Social Pacts and the Euro
Partisan Politics in the Global Economy
Welfare and Capitalism in Postwar Japan
Development and Crisis of the Welfare State
Japan Transformed
Tax competition
The Failure of the Democratic Party of Japan
The Political Economy of Taxes and Redistribution in Japan
Postindustrial Pressures, Political Regime Shifts, and Social Policy Reform in Japan and South Korea
The Decline of Particularism in Japanese Politics
The tax-welfare mix
Breaking down ideas and institutions
Financial Crisis and Social Security
Race for the Exits
Beyond European Welfare Regimes
Mixed Signals
Globalization and Capital Taxation in Consensus and Majoritarian Democracies
Taxing choices
Tax mixes, welfare states and employment
The viability of advanced welfare states in the international economy
Why is There No Race to the Bottom in Capital Taxation
Tax Policy in an Era of Internationalization
Government Partisanship and Managing the Economy
Beyond Left and Right
Bureaucracies, Neoliberal Ideas, and Tax Reform in New Zealand and Ireland
Taxing work
The New Political Economy of Taxation in Advanced Capitalist Democracies
Social Democracy Constrained
Globalization, labour power and partisan politics revisited
Remodeling the Competition for Capital
Political Parties and Macroeconomic Policy
Concept Misformation in Comparative Politics
Government Partisanship, Labor Organization, and Macroeconomic Performance
Globalization, Tax Competition, and the Welfare State
| Obras citantes distintas | 1 |
|---|---|
| Citações por ano | 0,25 |
| Intervalo de citações | 2022 - 2022 (1) |
| Velocidade de citação | historical |
| Altamente citado | Não |
| Tipos de citação | Neutras: 1 |