(Read and download) China's Local Public Finance in Transition






 | #1701029 in Books |  2010-11-07 | Original language:English | PDF # 1 |  10.00 x.65 x7.00l, | File Name: 1558442014 | 300 pages

China’s economy has developed rapidly following the 1978 implementation of economic reforms that facilitated investment, expanded trade, and introduced market mechanisms and practices. However, reforms of China’s public finances have proceeded more slowly and with less publicity. The major reform (a tax sharing system) implemented in 1994 shifted a large share of fiscal revenues from local governments to the central government, but did not substantially...


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