研究成果

Financing Local Public Infrastructure in The People

-- Republic of China: A Case Study of Guangdong Province

  • 时间: 2008-11-01 17:34:28
  • 点击率: 5043
作    者: John L. Mikesell, Alfred Tat-Kei Ho, Jun Ma & Meil
发表时间: 2008-11-01
概     要:

The People’s Republic of China is in the process of substantial economic, social, and

demographic change. A great population shift from rural to urban areas has accompanied

increased industrialization and greater prosperity in the country. During the period of

1978 to 2006, the percentage of urban population in China has increased from 17.9%

to 44.9%.1 These changes have brought new pressure on localities for delivery of

government services, particularly in urban areas. Localities must respond to their

citizenry with expanded and enhanced services and must, accordingly, find ways to

finance those services. New prosperity brings new demands and, in light of the

centralization of finances that occurred in the mid-1990s, transfers from the central

government must constitute part of these finances. But using local fiscal resources

has many advantages in terms of allowing greater responsiveness, flexibility, and

incentives for efficiency in delivery of services that are of greatest interest to the

local population. This project examines the institutional arrangement and politics of

the infrastructure financing mechanism, analyzes the issues related to

“extra-budgetary”revenues and control, and provides recommendations regarding

the current systemof capital budgeting and financing by the Chinese government.

By developing an in-depthunderstanding of these finances in Guangdong

Province, it will be easier to analyze theconditions elsewhere and to devise

responsive strategies to deal with the process of urban

development.

关 键 词: public finance; infrastructure
 
PLCWPS200811.PDF