General government - Ippanseifu (English spelling) general government

Japanese: 一般政府 - いっぱんせいふ(英語表記)general government
General government - Ippanseifu (English spelling) general government
This is one of the classifications by institutional sector used to look at the state of economic activity of the entire country in national income accounting, and refers to the public sector including the national and local governments. The general government is divided into the central government, which consists of the national general account, non-enterprise special accounts, and part of the business corporations, the local government, which consists of the ordinary accounts and public enterprise accounts of local governments, and the social security fund, which includes the national social security-related special accounts. Its economic activities include government final consumption expenditure, which is a general current expenditure, the increase in government inventory, which reflects the increase or decrease in the amount of rice held by the government, and the government gross fixed capital formation, which is invested in the development of social capital such as roads and ports.

Source: Encyclopaedia Britannica Concise Encyclopedia About Encyclopaedia Britannica Concise Encyclopedia Information

Japanese:
国民所得計算において国全体の経済活動の状況を見る場合に用いられる制度部門別分類の一つであり,国,地方を含めた公的部門をいう。一般政府は,国の一般会計・非企業特別会計や事業団の一部から成る中央政府,地方公共団体の普通会計・公営企業会計などから成る地方政府,および国の社会保障関係の特別会計などが含まれる社会保障基金に区分される。またその経済活動は,一般的な経常支出である政府最終消費支出,政府が保有する米などの増減を反映する政府在庫品増加,道路・港湾など社会資本の整備のために投資される政府総固定資本形成がある。

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