Population Aging and Political Economy -- Expenditure on Public Investment -- Expenditure on Education -- Expenditure on welfare -- Interregional Tax Competition -- Comparison of Japan and the US -- Concluding Remarks.

This book integrates the economics of aging and insight based on political economy and explores generational conflict in the context of governmental spending. This problem is general, as the Covid-19 pandemic has highlighted: lockdowns protect the elderly, but hurt the young. Policies to address...

We examine how international coordination among countries generates a trend towards establishing an international institution for the provision of global public goods. In the present model, the forces creating international agreement are a politician’s motive for re-election and a financial...