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Intergovernmental Fiscal Relations and Local Public Finance in China:What is next on the Reform Agenda?

  • 作者: 作者测试
  • 时间: 2008-05-12 16:57:18
  • 来源: 来源测试
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作    者: Roy W. Bahl
发表时间: 2008-05-12
概     要:

Is China one of the world’s most decentralized countries, or one of the most

centralized? In fact, it is both. On the one hand, 70 percent of all government

expenditures pass through the subnational government budgets. On the other

hand, subnational governments have no independent (formal) taxing powers.

The question that might be raised is whether the longer term intention is to

develop a system of local public finance that would give subprovincial

governments more fiscal discretion, or whether some other structure is

invisaged. Either way, what is the reform package that would move China

toward its goal.
 

关 键 词: Local Public Finance
 
WPS200801.PDF