The Government Budget and Fiscal Policy in Mainland China

The Government Budget and Fiscal Policy in Mainland China PDF Author: Katharine Huei-Ying Huang Hsiao
Publisher: University of Washington Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 216

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The Government Budget and Fiscal Policy in Mainland China

The Government Budget and Fiscal Policy in Mainland China PDF Author: Katharine Huei-Ying Huang Hsiao
Publisher: University of Washington Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 216

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Book Description


China's Return To Expansionary Fiscal Policy

China's Return To Expansionary Fiscal Policy PDF Author: Shuanglin Lin
Publisher: World Scientific
ISBN: 981449416X
Category : Business & Economics
Languages : en
Pages : 35

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Book Description
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 Policy in China

Fiscal Policy in China PDF Author: Renqing Jin
Publisher:
ISBN:
Category : Fiscal policy
Languages : en
Pages : 216

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Book Description
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

Financing the Chinese Government Budget, Mainland China, 1950-1959

Financing the Chinese Government Budget, Mainland China, 1950-1959 PDF Author: George N. Ecklund
Publisher: Chicago : Aldine Publishing Company
ISBN:
Category : Finance, Public
Languages : en
Pages : 144

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The Evolving Role of Fiscal Policy in Centrally Planned Economies Under Reform

The Evolving Role of Fiscal Policy in Centrally Planned Economies Under Reform PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451981694
Category : Business & Economics
Languages : en
Pages : 42

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Book Description
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.

China’s Fiscal Policy

China’s Fiscal Policy PDF Author: Gao Peiyong
Publisher: Routledge
ISBN: 1317480821
Category : Business & Economics
Languages : en
Pages : 303

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Book Description
Fiscal policy has always been a primary measure of macroeconomic control. 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. Within the framework of macroeconomic analysis, this book reviews the evolution of China’s fiscal policy, and the main changes China’s economy has experienced since 1990s. To begin with, it makes an empirical research of China’s national debts, including their relationship with macroeconomic regulation and total social demand. Besides, it examines the economic effect mechanism of national debts issuance. Then it focuses on the taxation issues, elucidating the sources of tax revenue growth and the judgments on tax burden. The issue of tax reduction is also covered, especially its complexity in China. Lastly, it provides insights into China’s fiscal tendency, changes of macroeconomic policies, and financial operation in the context of the "New Normal". Scholars and students in economics, finance and Chinese economic studies will be attracted by this book. Also, it will appeal to readers interested in modern Chinese economic history.

The Chinese Economy in Crisis

The Chinese Economy in Crisis PDF Author: Xiaohu (Shawn) Wang
Publisher: Routledge
ISBN: 1317457978
Category : Business & Economics
Languages : en
Pages : 297

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Book Description
The authors of this work argue strongly that the decentralization that has taken place in China over the past two decades threatens to undermine the future of reform and perhaps even the state itself. They contend that reform has undermined state capacity in China, and that the state's fiscal revenues, as a percentage of GNP, have declined and will continue to decline into the foreseeable future, thereby weakening China's ability to mobilize resources for modernization.

China's Economy Into the New Century

China's Economy Into the New Century PDF Author: John Wong
Publisher: World Scientific
ISBN: 9789812778277
Category : Business & Economics
Languages : en
Pages : 478

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Book Description
In the last two decades of the 20th century, China stood out as the world''s star performer in economic growth, thanks to the market-oriented reform that started in 1978. At the turn of the century, the Chinese economy faces a series of challenges to sustain its growth and stability. The two-decade-long rapid growth has effectively strengthened China''s economic power and raised its people''s standard of living. It has also transformed China from a centrally planned command economy into a OC socialist market economyOCO, which operates increasingly in line with capitalist norms. Major structural problems, however, remain and are growing acute. Weakness in the fiscal system breeds rent seeking at the local level and causes tension in the state budget. The flawed financial institutions and the biased ownership structure continue to distort resource allocation and cause huge efficiency losses. Inter-provincial and inter-regional disparity is reaching a level that threatens national unity and social stability. As China joins the World Trade Organization and becomes more integrated into the world economy, it urgently needs to improve the domestic business environment and to beef up indigenous industries for foreign competition.This volume is a collection of papers written by scholars at the East Asian Institute to address those problems during the period 1999OCo2001. The authors, with their knowledge and experience in China studies, provide in-depth observations and professional analyses of some of the most important issues for the Chinese economy at the turn of the century. Some of the observations and analyses lead to enlightening policy recommendations. The solid scholarship combined with the policy orientation of these papers will appeal greatly to researchers in academia, governments and other institutions. The policy-oriented and fact-based analyses will also be of interest to practitioners in business, including business consultants."

The fiscal policy and soft budget constraints of China

The fiscal policy and soft budget constraints of China PDF Author: Difrine Madara
Publisher: GRIN Verlag
ISBN: 3346115291
Category : Political Science
Languages : en
Pages : 8

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Book Description
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.

Fiscal Policy in China

Fiscal Policy in China PDF Author: Roy W. Bahl
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 278

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Book Description
In this book Professor Roy Bahl traces the history of the 1994 tax reform in China and evaluates its impact. The 1994 reform was the most systematic and comprehensive restructuring of China's revenue system. It covered the country's tax structure, tax administration, central-provincial fiscal relations, and provincial-local fiscal relations. In a concluding chapter, he examines possibilities for continuing taxation reform in China. Only a scholar with Professor Roy Bahl's extensive experience as adviser to developing countries on tax reform could have written a book with such breadth and depth. This book should be required reading for all students of economic development, comparative fiscal systems, or the Chinese economy.