The fiscal system is an important part of national economic management and deals with the division of financial responsibility and power, regulates and defines the fiscal activities among different levels of governmen...The fiscal system is an important part of national economic management and deals with the division of financial responsibility and power, regulates and defines the fiscal activities among different levels of governments. The changes in economic system and economic structure decide the changes of fiscal function and fiscal structure, which results in the changes in intergovernmental distribution form and local government behavior. This paper takes a look at the stages of China＇s fiscal reform process and the impacts on local government behavior, and tries to find measures for perfecting the fiscal system reform to optimize local government behavior and guarantee a healthy national economy.展开更多
Since 1949,local government debt in China has gone through the stages from scratch,then banned,and reintroduced,and then to the scale expansion,market construction and improvement under the system construction.In the ...Since 1949,local government debt in China has gone through the stages from scratch,then banned,and reintroduced,and then to the scale expansion,market construction and improvement under the system construction.In the past 70 years,although there have been twists and turns in its development,local government debt has undergone a“perfect transformation”.Based on a comprehensive review of the development of local government debt in China from 1949 to 2019,this paper refi nes its evolution logic,forecasts its development trend,and puts forward relevant policy recommendations for the future management and risk control of local government debt in China.展开更多
Using nationally representative data, the present paper examines the impact of China＇s ongoing rural tax reform on farmers. The difficulties in further local governance restructuring are also discussed. It is argued ...Using nationally representative data, the present paper examines the impact of China＇s ongoing rural tax reform on farmers. The difficulties in further local governance restructuring are also discussed. It is argued that the issues associated with rural taxation and local governance in China result from inherent tension between an increasingly liberalized economic system and a still centralized political system. Although rural tax reform has helped to reduce farmers＂ tax burdens in the short term, the establishment of an effective local governance regime requires coordinated reforms to downsize local bureaucracy by providing social security for laid-off cadres, to strengthen local accountability by granting higher local formal tax autonomy, and to promote meaningful participation by expanding local democracy.展开更多
基金This paper is supported by National Natural Science Foundation of China （No. 70373051）. The authors are grateful to Penny Prime for helpful discussion.
文摘The fiscal system is an important part of national economic management and deals with the division of financial responsibility and power, regulates and defines the fiscal activities among different levels of governments. The changes in economic system and economic structure decide the changes of fiscal function and fiscal structure, which results in the changes in intergovernmental distribution form and local government behavior. This paper takes a look at the stages of China＇s fiscal reform process and the impacts on local government behavior, and tries to find measures for perfecting the fiscal system reform to optimize local government behavior and guarantee a healthy national economy.
文摘Since 1949,local government debt in China has gone through the stages from scratch,then banned,and reintroduced,and then to the scale expansion,market construction and improvement under the system construction.In the past 70 years,although there have been twists and turns in its development,local government debt has undergone a“perfect transformation”.Based on a comprehensive review of the development of local government debt in China from 1949 to 2019,this paper refi nes its evolution logic,forecasts its development trend,and puts forward relevant policy recommendations for the future management and risk control of local government debt in China.
基金financial support from the Chinese National Science Foundation(Project 703030l1,70633002)Ford Foundation+1 种基金the Chinese Academy of Science Innovation Project(KSCX2-YW-N.039)the Matching NSFC Fund of the Institute of Geographical Sciences and Natural Resource Research,the Chinese Academy of Sciences.
文摘Using nationally representative data, the present paper examines the impact of China＇s ongoing rural tax reform on farmers. The difficulties in further local governance restructuring are also discussed. It is argued that the issues associated with rural taxation and local governance in China result from inherent tension between an increasingly liberalized economic system and a still centralized political system. Although rural tax reform has helped to reduce farmers＂ tax burdens in the short term, the establishment of an effective local governance regime requires coordinated reforms to downsize local bureaucracy by providing social security for laid-off cadres, to strengthen local accountability by granting higher local formal tax autonomy, and to promote meaningful participation by expanding local democracy.
