Description
China's economy has developed rapidly since the economic reforms in 1978, but public finance reforms have proceeded more slowly. This book looks at three major policy options addressing the underlying imbalance between revenues and expenditures at the local level in China. This is a valuable resource for anyone interested in local fiscal issues in China.
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This volume is a product of a 2008 conference on "Local Public Finance and Property Tax in China" convened by the Lincoln Institute of Land Policy and the Peking University-Lincoln Institute Center for Urban Development and Land Policy. The conference brought together scholars from the fields of economics, public finance, urban studies, and business administration from North America and China in order to address perceived problems in China's system of expenditure and revenue assignments among China's subnational governments--county and township governments in particular. The volume includes 13 chapters organized into sections examining fiscal decentralization, expenditure assignments, infrastructure-financing practices, and other issues of local expenditure; issues of local revenue sources, land finance, and property taxation; local inter-governmental transfers; and past and potential fiscal reforms. Annotation ©2011 Book News, Inc., Portland, OR (booknews.com)
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