The Fiscal Policy And Soft Budget Constraints Of China
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The Fiscal Policy And Soft Budget Constraints Of China
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Author : Difrine Madara
language : en
Publisher: GRIN Verlag
Release Date : 2020-02-18
The Fiscal Policy And Soft Budget Constraints Of China written by Difrine Madara and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-02-18 with Political Science categories.
Academic Paper from the year 2019 in the subject Politics - International Politics - Region: Far East, grade: A, , language: English, abstract: This work provides a critical review and discussion of studies that have been conducted in the past regarding the fiscal policy and soft budget constraints of China. The author explains the concept of fiscal sustainability and reviews some of the fiscal policies adopted by China to realise fiscal sustainability. The author also evaluates the challenges towards attaining fiscal sustainability in China and discusses the the concept of soft budget constraint and how it has been cultivated into China’s fiscal policies.
Intergovernmental Relations And Economic Management In China
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Author : J. Ma
language : en
Publisher: Springer
Release Date : 1996-12-11
Intergovernmental Relations And Economic Management In China written by J. Ma and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-12-11 with Business & Economics categories.
This book examines how China's decentralization process has affected and will affect the country's macroeconomic performance and the functioning of the market. With an innovative application of game theory, the author develops an analytical framework that can explain the behaviour of the central and local governments under alternative institutional environments. The study also suggests how to establish desirable rules of games in China's political and economic institutions through appropriate reforms.
The Evolving Role Of Fiscal Policy In Centrally Planned Economies Under Reform
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1989-03-31
The Evolving Role Of Fiscal Policy In Centrally Planned Economies Under Reform written by International Monetary Fund 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 1989-03-31 with Business & Economics categories.
Market-oriented economic reforms in centrally planned economies have altered the functions and objectives of key policy instruments, particularly in the case of fiscal policy. As a result of reform, economic management requires the use of “indirect” levers to regulate the behavior of increasingly autonomous economic agents. In this respect, fiscal policy becomes central and its macroeconomic role is enhanced. This paper studies the recent Chinese experience, reviewing fiscal developments and analyzing the effectiveness and appropriateness of available fiscal instruments in performing their newly enhanced macroeconomic role.
Excerpt Modernizing China
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Author : Mr.Markus Rodlauer
language : en
Publisher: International Monetary Fund
Release Date : 2016-09-29
Excerpt Modernizing China written by Mr.Markus Rodlauer 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 2016-09-29 with Business & Economics categories.
Modernizing China: Investing in Soft Infastructure
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.
Fiscal Decentralization And The Challenge Of Hard Budget Constraints
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Author : Jonathan Rodden
language : en
Publisher: MIT Press
Release Date : 2003
Fiscal Decentralization And The Challenge Of Hard Budget Constraints written by Jonathan Rodden and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.
A multi-country study of the conditions under which decentralized countries might ensure fiscal discipline.
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
China S Fiscal Policy
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Author : Gao Peiyong
language : en
Publisher: Routledge
Release Date : 2017-07-06
China S Fiscal Policy written by Gao Peiyong and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-06 with Business & Economics categories.
As an important macroeconomic variant, the fiscal revenue and expenditure can influence the operation of the whole economic and social activities by changing the existing GDP distribution pattern, affecting the consumption and investment of enterprises and people, etc. Thus, fiscal policy has always been a primary instrument of macroeconomic regulation. This book imports fiscal policy into the framework of macroeconomic analysis and through the analysis of the former, it unfolds the major changes of China's macroeconomic operation in the past 20 years. This book begins with China's rejoining the General Agreement on Tariffs and Trade (GATT) in the 1990s which enabled China to deepen the reform and join the international market finally. It elaborates on the challenges China's taxation would be confronted with after rejoining the GATT, including the decrease of tax revenue and higher requirements for tax reform. Then this book combs China's fiscal policies under various economic situations chronologically–tax policy under the background of deflation, proactive fiscal policy at the beginning of 21st century, macroeconomic policy options facing a complicated and volatile economy, etc. How to deal with the ¡°new normal¡± of development China's economy has entered is also addressed. This book will appeal to scholars and students of economics and China's economic studies.
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.
Price Controls And The Economics Of Institutions In China
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Author : Jean-Jacques Laffont
language : en
Publisher: Organisation for Economic Co-operation and Development
Release Date : 1997
Price Controls And The Economics Of Institutions In China written by Jean-Jacques Laffont and has been published by Organisation for Economic Co-operation and Development this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with China categories.