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Challenges For China S Public Spending


Challenges For China S Public Spending
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China In The Global Economy Challenges For China S Public Spending Toward Greater Effectiveness And Equity


China In The Global Economy Challenges For China S Public Spending Toward Greater Effectiveness And Equity
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2006-02-14

China In The Global Economy Challenges For China S Public Spending Toward Greater Effectiveness And Equity written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-02-14 with categories.


This book provides a detailed and up-to-date picture of the current state of China's public expenditure policies, the main reforms that are being undertaken, and the problems that remain to be resolved.



Challenges For China S Public Spending


Challenges For China S Public Spending
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Author :
language : en
Publisher:
Release Date : 2006

Challenges For China S Public Spending written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.




Challenges For China S Public Spending


Challenges For China S Public Spending
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Author : Organisation for Economic Co-operation and Development
language : en
Publisher:
Release Date : 2006

Challenges For China S Public Spending written by Organisation for Economic Co-operation and Development and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.




China S Public Finance


China S Public Finance
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Author : Shuanglin Lin
language : en
Publisher: Cambridge University Press
Release Date : 2022-09-22

China S Public Finance written by Shuanglin Lin and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-22 with Political Science categories.


A comprehensive, up-to-date, insightful, and innovative masterpiece on the Chinese public finance has finally emerged to fill the gap in the field. Considering China's public finance in its entirety, from tax systems, government spending, infrastructure financing, fiscal policies, local government debt, and central-local fiscal relationships to urban and rural social security and healthcare, it analyses China's public finance reforms and examines the reasons and the consequences of these reforms. It explores the challenges to China's public finance, examines its problems, and suggests potential solutions. While covering a broad range of themes, this book remains judicious with the evidence, providing its readers with innovative yet careful conclusions. Using enormous amount of the latest data and illustrative diagrams, the author explains China's public finance with expertise and clarity. This is an indispensable resource for students and scholars from a range of disciplines with an interest in the Chinese economy.



China


China
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Author : Weltbank
language : en
Publisher:
Release Date : 2000

China written by Weltbank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with categories.


Despite its high economic growth, Chinas public expenditure management faces profound challenges: 1) The retrenchment of the Plan puts more of the burden for the macro and microeconomic policy on the budget. 2) Extra-budgetary funds and quasi-fiscal operations of the banking system undermine fiscal discipline, which contributed to the repeated bouts of inflation. 3) Shifting spending to the Governments priorities is slow, and is in part undone during budget implementation. Over time, this could threaten sustainable growth and equitable growth. 4) While overall social indicators are high, regional disparities remain large. Government services seem overstaffed, which could escalate costs if wages continue to rise. To address these challenges, China needs to reform its public expenditure management. Chinas first priority is restoring fiscal discipline - to delineate a clear budget constraint for every line ministry and unit, and break down the sectoral budgets into organizational budgets. To forge a stronger link between the State Councils policy priorities and the budget, China needs to revamp its budget process. The State should focus on articulating the governments strategic priorities, but leave detailed planning for achieving these priorities to line ministries. Decentralized administration can be a major asset for cost-effective service delivery, if accountability for performance is improved.



China S Return To Expansionary Fiscal Policy


China S Return To Expansionary Fiscal Policy
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Author : Shuanglin Lin
language : en
Publisher: World Scientific
Release Date : 1999-09-30

China S Return To Expansionary Fiscal Policy written by Shuanglin Lin and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-09-30 with Business & Economics categories.


This volume examines China's government budgetary condition, analyses the new expansionary fiscal policy, and discusses policy options. China's government budgetary revenue has declined dramatically since the start of economic reforms. Facing slower economic growth, China's new fiscal policy is to increase government expenditures by issuing bonds. With a large increase in government spending, it should not be difficult to achieve 7% growth in 1999. The government should conduct serious cost-benefit analyses of every public project in order to prevent scarce funds from being wasted. In the long run, the government should focus on merging the extra-budgetary and off-budgetary revenues into budgetary revenues, instead of allocating more resources to the government sector.



Public Finance In China


Public Finance In China
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Author : Jiwei Lou
language : en
Publisher: World Bank Publications
Release Date : 2008-01-31

Public Finance In China written by Jiwei Lou and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-01-31 with Political Science categories.


Since 1980, China's economy has been the envy of the world. Is annual growth rate of more than 9 percent during this period makes China today the world's fourth-largest economy. And this sustained growth has reduced the poverty rate from 60 percent of the population to less than 10 percent. However, such rapid growth has also increased inequalities in income and access to basic services and stressed natural resources. The government seeks to resolve these and other issues by creating a 'harmonious society' -- shifting priorities from the overriding pursuit of growth to more balanced economic and social development. This volume compiles analyses and insights from high-level Chinese policy makers and prominent international scholars that address the changes needed in public finance for success in the government's new endeavor. It examines such key policy issues as public finance and the changing role of the state; fiscal reform and revenue and expenditure assignments; intergovernmental relations and fiscal transfers; and financing and delivery of basic public goods such as compulsory education, innovation, public health, and social protection. And it offers concrete recommendations for immediate policy changes and for China's future reform agenda. Public Finance in China' is a must-read for specialists in public finance and for those seeking an understanding of the complex and daunting challenges China is facing.



Local Public Finance Management In The People S Republic Of China


Local Public Finance Management In The People S Republic Of China
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Author : Asian Development Bank
language : en
Publisher: Asian Development Bank
Release Date : 2014-07-01

Local Public Finance Management In The People S Republic Of China written by Asian Development Bank and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-07-01 with Political Science categories.


The People's Republic of China is a highly decentralized unitary state with local governments having a dominant share of public service delivery responsibility. Local governance is critically linked to a local public finance system that creates incentives and accountability mechanisms. To ensure the policy response, this project focused on the three interrelated areas in local public finance management, i.e., local budgeting, local debt management and local taxation, and produced policy options in the short, medium and long terms. The overall purpose of the reforms is to improve local accountability and transparency, strengthen local fiscal capacity, and institutionalize formal frameworks for local public debt management.



Intergovernmental Fiscal Reform In China


Intergovernmental Fiscal Reform In China
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Author : Mr.Philippe Wingender
language : en
Publisher: International Monetary Fund
Release Date : 2018-04-13

Intergovernmental Fiscal Reform In China written by Mr.Philippe Wingender and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-04-13 with Business & Economics categories.


China is the most decentralized country in the world in terms of expenditures shares, with subnational governments responsible for 85 percent of government spending. Limited revenue autonomy and insufficient intergovernmental transfers have led to large unfunded mandates and a build-up of debt outside the budget. The government has recently announced an ambitious intergovernmental fiscal reform, which will increase the role of the central government. Comprehensive reform is needed to improve public service delivery, increase overall social spending levels and reduce regional disparities. Revenue reforms are also necessary to improve efficiency and reduce vulnerabilities from excessive subnational borrowing. These reforms are challenging, but are crucial so that the government can support China’s continued development and prosperity.



Transforming China S Public Services


Transforming China S Public Services
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Author : Keyong Dong
language : en
Publisher: Springer Nature
Release Date : 2023

Transforming China S Public Services written by Keyong Dong and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with Electronic books categories.


This book explores the developmental direction of the modernization of China's basic public services in the context of national governance modernization. Describing the blueprint for the modernization of China's basic public services in 2030, including basic public education, basic medical and health services, basic old-age services, and basic public cultural services, this book reflects Chinese public management scholars' strategies for the modernization of China's public services in the next 10 years and the path to get there. This book will interest scholars of Chinese governance, as well as readers who want to understand the current status, challenges and development strategies of China's public service and social policy fields. The authors of the book are professors from the School of Public Management and School of Education of Renmin University of China. The author team was led by Professor Dong Keyong, deanof the School of Public Management and Professor Wei Na, and includes contributions from Professor Liu Peng, Professor Li Wenzhao, Associate Professor Tang Jie, Dr. Ouyang Wei, and Professor Zhou Guangli, Associate Professor Zhou Xiang from the School of Education, and many post-doctoral, doctoral and master students.