1.Overview Since its first emergency,COVID-19 has spread to over 200 countries and regions.On 22 April 2020,WHO re-p orted 2,471,136 positive cases confirmed and 169,006 deaths1.While medical data showed that COVID-19...1.Overview Since its first emergency,COVID-19 has spread to over 200 countries and regions.On 22 April 2020,WHO re-p orted 2,471,136 positive cases confirmed and 169,006 deaths1.While medical data showed that COVID-19 outbreak does not take the first rank of highest death toll pandemic in history,it has shaken the world by bringing the economy to a near-grinding halt.展开更多
1994 was of special significance to the reform of China’s economic system. The new reform measures for taxation, finance, foreign trade, investment, and the price and enterprise system were smoothly implemented in th...1994 was of special significance to the reform of China’s economic system. The new reform measures for taxation, finance, foreign trade, investment, and the price and enterprise system were smoothly implemented in the past year. In the reform of the taxation system, the taxation quota assigned by central government for the enterprises in the provinces and municipalities, regardless of their actual profits and losses, was replaced by a system in which tax was levied in proportion to the business turnover and profit. A turnover tax system with added-value tax as its core展开更多
By contrast to a slowdown in the world economy, China kept up a rapid growth rate, a relatively high quality of growth and low inflation for the year 2001. This is mainly due to the result of proactive fiscal policies...By contrast to a slowdown in the world economy, China kept up a rapid growth rate, a relatively high quality of growth and low inflation for the year 2001. This is mainly due to the result of proactive fiscal policies that the Chinese Government adopted to stimulate domestic demand. Domestic demand can be divided into investment demand and consumption demand,展开更多
Preliminary year-end 2008 figures for Italy’s textile machinery industry register a 18% drop in production compared to the previous year,with a total production value estimated at 2,285 billion Euros.This decline aff...Preliminary year-end 2008 figures for Italy’s textile machinery industry register a 18% drop in production compared to the previous year,with a total production value estimated at 2,285 billion Euros.This decline affects both Italy’s domestic market and export sales.展开更多
In both academic research and policymaking,public sector debt and debt-to-GDP ratios are relied on for a multitude of important economic,political and socioeconomic decisions,especially as public sector balance sheets...In both academic research and policymaking,public sector debt and debt-to-GDP ratios are relied on for a multitude of important economic,political and socioeconomic decisions,especially as public sector balance sheets expand to an unprecedented size in the midst of the 2019–2020 COVID pandemic.The reliance on available data from reputable sources often overlooks the question of whether the denominator in this ratio is accurately measured or how well the denominator is understood by the audience interpreting it.Building on past work in international financial statistics,and making use of a unique and newly created dataset on media reporting of public sector debt,the purpose of this article is to examine the quality,accuracy,interpretation and overall meaningfulness of public sector financial statistics.The main findings suggest that i)most of the world’s governments still do not seem to feel sufficient pressure to voluntarily provide comprehensive financial statistics based on well-defined modern methodological frameworks and ii)high profile financial statistics,which are reported,have become increasingly numerous and complicated,making it difficult for non-experts to know which is most appropriate in the context of their analysis.展开更多
文摘1.Overview Since its first emergency,COVID-19 has spread to over 200 countries and regions.On 22 April 2020,WHO re-p orted 2,471,136 positive cases confirmed and 169,006 deaths1.While medical data showed that COVID-19 outbreak does not take the first rank of highest death toll pandemic in history,it has shaken the world by bringing the economy to a near-grinding halt.
文摘1994 was of special significance to the reform of China’s economic system. The new reform measures for taxation, finance, foreign trade, investment, and the price and enterprise system were smoothly implemented in the past year. In the reform of the taxation system, the taxation quota assigned by central government for the enterprises in the provinces and municipalities, regardless of their actual profits and losses, was replaced by a system in which tax was levied in proportion to the business turnover and profit. A turnover tax system with added-value tax as its core
文摘By contrast to a slowdown in the world economy, China kept up a rapid growth rate, a relatively high quality of growth and low inflation for the year 2001. This is mainly due to the result of proactive fiscal policies that the Chinese Government adopted to stimulate domestic demand. Domestic demand can be divided into investment demand and consumption demand,
文摘Preliminary year-end 2008 figures for Italy’s textile machinery industry register a 18% drop in production compared to the previous year,with a total production value estimated at 2,285 billion Euros.This decline affects both Italy’s domestic market and export sales.
文摘In both academic research and policymaking,public sector debt and debt-to-GDP ratios are relied on for a multitude of important economic,political and socioeconomic decisions,especially as public sector balance sheets expand to an unprecedented size in the midst of the 2019–2020 COVID pandemic.The reliance on available data from reputable sources often overlooks the question of whether the denominator in this ratio is accurately measured or how well the denominator is understood by the audience interpreting it.Building on past work in international financial statistics,and making use of a unique and newly created dataset on media reporting of public sector debt,the purpose of this article is to examine the quality,accuracy,interpretation and overall meaningfulness of public sector financial statistics.The main findings suggest that i)most of the world’s governments still do not seem to feel sufficient pressure to voluntarily provide comprehensive financial statistics based on well-defined modern methodological frameworks and ii)high profile financial statistics,which are reported,have become increasingly numerous and complicated,making it difficult for non-experts to know which is most appropriate in the context of their analysis.
