CHRONOLOGY
1953 |
FILP Budgets as 'government expenditure without taxation' launch a co-ordinated infrastructure reconstruction |
GLOSSARY
capex |
capital expenditure |
as setsubi toshi capex often literally translated equipment investment |
Flow |
income and expenditure items in public accounting |
single entry cash basis accounting is reasonably strong on Flow items vs Stock |
kokyotoshi |
public works expenditure PWE |
lifeblood of LDP, of construction industry and of regional economies |
PWE |
Public Works Expenditure kokyotoshi |
lifeblood of LDP, construction, regional economies etc cf three pct |
FILP |
Fiscal Investment and Loans Programme zaito |
FILP Budgets from 1953 expenditure without taxation cf Kishi, Manchuria II Plan |
GDP |
Gross Domestic Product kokunai soseisan |
estimated by the Gross Domestic Expenditure method for ease of computation |