Background: Many Chinese literatures compared the size and structure of fiscal expenditure between China and the developed countries. However, due to the statistic differentiation, this kind of comparison may not be accurate. Methods: Referring to the standard of the International Monetary Fund...

This paper surveys some recent literature on fiscal policy and comparative politics. Economic policy is viewed as the outcome of a game with multiple-principals and multiple-agents. Opportunistic politicians bargain over policy. Rational voters hold them accountable through retrospective voting....