26-04-2003, 10:44 PM
|
|
|
HOW LAND REFORM CAN CONTRIBUTE TO ECONOMIC GROWTH AND POVERTY
wrote:
On Sat, 26 Apr 2003 13:42:52 GMT, David Lloyd-Jones
wrote:
In Japan, Taiwan, and South Korea, however, the post 1945 land reforms
are one of the pillars of both agricultural productivity and of their
now fully emerged democracy.
And they implemented land taxes at the same time, of course. Japan
has since abolished its land tax, and now suffers the inevitable
economic stagnation that results, while Taiwan and South Korea have
kept their land taxes, and consequently continue to post good economic
growth.
Roy,
As usual you grossly overstate your case. The land tax give-away is far
from the only damaging thing the LDP has done in the post-Tanaka -- or
perhaps post-Ikeda! -- years to undermine the Japanese economy.
Imho you've nailed on of the evils, but only one of several equally
important.
-dlj.
|