Fiscal Management And Economic Reform In The People S Republic Of China
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Fiscal Management And Economic Reform In The People S Republic Of China
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Author : Christine Wong
language : en
Publisher:
Release Date : 1995
Fiscal Management And Economic Reform In The People S Republic Of China written by Christine Wong and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Business & Economics categories.
Since 1979, economic reforms in the People's Republic of China have produced impressive gains in national income and living standards. The process, however, is not complete, and several aspects of the fiscal system need reform before the full benefits of a market economy can be realized. The government needs to be able to control revenue, expenditure, and the money supply. This can only be done if the Ministry of Finance is given greater powers to analyze the current economic situation, anticipate future changes, and guide economic reforms. This book deals with the complex nature of the market-oriented reform process in the world's largest country. Although the focus of the study is on fiscal policy and the broader realm of public finance, it also addresses other economy-wide reforms under implementation. In the long term, the success of the fiscal reforms will hinge crucially on the enterprise, price and financial sector reforms, and on current, or planned, structural reforms that promote market-based macromanagement.
Value For Money
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Author : Andrew Podger
language : en
Publisher: ANU Press
Release Date : 2018-01-11
Value For Money written by Andrew Podger and has been published by ANU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-11 with Political Science categories.
The Greater China Australia Dialogue on Public Administration has held annual workshops since 2011 on public administration themes of common interest to the People’s Republic of China, Taiwan and Australia. This book presents and discusses a selection of papers developed from the Dialogue’s fifth workshop held in late 2015 hosted by the National Taiwan University in Taipei. The theme, ‘Value for Money’, focused on budget and financial management reforms, including how different nations account for the relative performance of their public sectors. All governments face the challenge of scarce resources requiring budgetary management processes for identifying the resources required by and available to government, and then for allocating them and ensuring their use or deployment represents value for money. Such budgetary and financial management processes need to inform decision-making routinely and protect the integrity of the way public resources are used – with some public accountability to indicate that their uses are properly authorised and reflect the policies of legitimate government leaders. The chapters in this book explore budgeting and financial management in three very different jurisdictions: Australia, the People’s Republic of China and the Republic of China (Taiwan). These activist and at times innovative countries are keen to analyse and reflect upon each other’s policy achievements and patterns of public provision. They are keen to learn more about each other as their economic and social engagement continues to deepen. They are also conscious that fundamental differences exist in terms of economic development and global strategic positioning, and levels and philosophies of political development; to an extent these differences are representative of differences amongst countries around the globe.
Fiscal Policy In China
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Author : Renqing Jin
language : en
Publisher:
Release Date : 2007
Fiscal Policy In China written by Renqing Jin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Fiscal policy categories.
This is the first book that traces the evolution of China's fiscal policy and sums up the experience and lessons of implementing different modes of fiscal policy since the People's Republic of China was founded in 1949. It also looks ahead to the future trends of China's fiscal policy. The book analyzes China's fiscal policy since 1949 with a focus on the period after 1992, elaborates on the functioning mechanism of fiscal policy, and discusses in detail the backgrounds, major measures, and achievements of the moderately tight fiscal policy, proactive fiscal policy, and prudent fiscal policy. It also reviews the experience the Chinese government has accumulated in the process of practicing macro economic control through fiscal instruments, and forecasts the fiscal policy orientation in the years to come. This book is written for policy makers, researchers, entrepreneurs, businessmen, and all who desire a better understanding of China's fiscal policy.Also available in the Gale Virtual Reference Library (eBook).eBook pricing varies according to the size of your institution. Please contact us for details.eBook ISBN-13: 9789814253635Available Now
Economic Lessons From China S Forty Years Of Reform And Opening Up
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Author : David Daokui Li
language : en
Publisher: Springer Nature
Release Date : 2021-03-26
Economic Lessons From China S Forty Years Of Reform And Opening Up written by David Daokui Li and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-26 with Business & Economics categories.
This book first shows that the past 40 years of China's economic reform and opening up represents the greatest magnitude of economic growth in history. Based on field trips, extensive and intensive interviews and literature surveys, this book argues that there are five general lessons for a rapid growing economy from China's economic reform and opening up, all in the area of the relationship between the government and the economy. First, the local governments need to be incentivized to help rapid entry and development of enterprises. Second, local governments need to be incentivized to help rapid land conversion from agricultural to non-agricultural. Third, financial deepening is vital; that is, inducing households to hold more and more financial assets in local currency. Financial deepening is essential to convert savings into investments. This requires financial stability, which is crucial. Fourth, the learning through opening up is the key to endogenous economic growth. The fundamental benefit of opening up is learning rather than enjoying comparative advantage. The fifth and final lesson from China is that the central government must proactively manage the macroeconomy. The rationale is that enterprises compete with each other in games of industrial organization. In order to resolve this problem, proactive measures including market-oriented means, administrative orders and reform measures should be implemented. Overall, the main lesson from China's past 40 years of reform and opening up is that proper incentives and behavior of the government, local and central, are important for economic growth. China has been conducting reforms in this regard and as a result, the government more or less has been playing the role of a "helping hand" regarding economic growth, although China's economic system is far from perfect and many reforms are still needed.
Money Matters
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Author : Asian Development Bank
language : en
Publisher: Asian Development Bank
Release Date : 2014-12-01
Money Matters 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 2014-12-01 with Political Science categories.
The Third Plenum of the 18 th Central Committee of the Communist Party of China in November reinforced the importance of public finance reform. Drawing on recent technical assistance from the Asian Development Bank (ADB), special reports, and the work of ADB staff, the publication offers observation and suggestion on how to pursue public finance reform. The publication also outlines practical actions that can be taken to improve budgeting, taxation, and the system of fiscal decentralization in the People's Republic of China. Special attention is given to the management of local government debt, the most pressing fiscal issue facing the People's Republic of China. The potential contribution of public-private partnerships is also introduced.
China
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Author : Mr.Mario I. Bléjer
language : en
Publisher: International Monetary Fund
Release Date : 1991-03-15
China written by Mr.Mario I. Bléjer 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 1991-03-15 with Business & Economics categories.
China encountered problems preserving economic stability while pursuing reforms aimed at increasing its economic flexibility and efficiency. This paper examines China's experience with market-oriented reforms since 1978, offering lessons for other centrally planned economies in the midst of transition to free markets.
Value For Money
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Author : Andrew Podger
language : en
Publisher:
Release Date : 2018-01-10
Value For Money written by Andrew Podger and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-10 with Budget categories.
The Greater China Australia Dialogue on Public Administration has held annual workshops since 2011 on public administration themes of common interest to the People's Republic of China, Taiwan and Australia. This book presents and discusses a selection of papers developed from the Dialogue's fifth workshop held in late 2015 hosted by the National Taiwan University in Taipei. The theme, 'Value for Money', focused on budget and financial management reforms, including how different nations account for the relative performance of their public sectors. All governments face the challenge of scarce resources requiring budgetary management processes for identifying the resources required by and available to government, and then for allocating them and ensuring their use or deployment represents value for money. Such budgetary and financial management processes need to inform decision-making routinely and protect the integrity of the way public resources are used - with some public accountability to indicate that their uses are properly authorised and reflect the policies of legitimate government leaders. The chapters in this book explore budgeting and financial management in three very different jurisdictions: Australia, the People's Republic of China and the Republic of China (Taiwan). These activist and at times innovative countries are keen to analyse and reflect upon each other's policy achievements and patterns of public provision. They are keen to learn more about each other as their economic and social engagement continues to deepen. They are also conscious that fundamental differences exist in terms of economic development and global strategic positioning, and levels and philosophies of political development; to an extent these differences are representative of differences amongst countries around the globe.
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.
Chinese Economists On Economic Reform Xue Muqiao
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Author : Xue Muqiao
language : en
Publisher: Routledge
Release Date : 2010-12-16
Chinese Economists On Economic Reform Xue Muqiao written by Xue Muqiao and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-16 with Business & Economics categories.
The China Development Research Foundation is one of the leading economic and social think tanks in China, where many of the theoretical underpinnings and policy details of economic reform were formulated. This book is the first of a series which makes available to an English-speaking audience the work of the individual Chinese economists who were the architects of reform. The series provides an inside view of China’s economic reform, revealing the thinking of the reformers themselves, unlike many other books on China’s economic reform which are written by outside observers. Xue Muqiao held many key posts including Secretary General of the Finance and Economy Commission of the Government Administrative Council, Director-General of the National Bureau of Statistics and consultant of State Council Office for Restructuring the Economic Systems. His work included eliminating the serious inflation of the early years of the People’s Republic, participating in drafting and implementing the First and Second Five-year Plans, and establishing the initial statistics system and price management system. His great contribution was to the development of economic theories and practice following China’s economic reform.
An Economic Analysis Of The Rise And Decline Of Chinese Township And Village Enterprises
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Author : Cheng Jin
language : en
Publisher: Springer
Release Date : 2017-08-11
An Economic Analysis Of The Rise And Decline Of Chinese Township And Village Enterprises written by Cheng Jin and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-08-11 with Business & Economics categories.
This book provides a historical economic analysis of two key issues relating to township and village enterprise (TVE) development in China. Firstly, the nature of the evolving relationship between TVEs and local government; in particular how TVE entrepreneurs have used institutionalized power to secure the political influence needed to defend their financial independence. Secondly, the relationship between TVEs and state-owned enterprises (SOEs), and the role of SOEs in China’s economic transition. This study highlights the importance of the role of SOEs in the “dual-track pricing system” and its impact on other parts of the economy. Township and village enterprises were key to China's success in the late twentieth century, but have more or less disappeared as an entity over the past decade or so. By measuring the structural difference of the SOE sector before and after 1998–2003 SOE reform, Jin explains their fast catch-up in productivity since the mid-1990s, as well as the relative decline of TVE productivity.