This study focuses on the status of local government finance at the subprovincial level. Fiscal reforms over the past decade have not kept pace with the rapid changes in demand for government services at lower levels. This book examines the composition of revenue and expenditure at city,...

"The Government of China has placed strong emphasis on addressing problems related to agriculture, farmers, and rural society, with the development of a "new socialist countryside" designated as a top priority for the Eleventh Five-Year Plan (2006-2010). The financing of public services in rural...

"The Government of China has placed strong emphasis on addressing problems related to agriculture, farmers, and rural society, with the development of a "new socialist countryside" designated as a top priority for the Eleventh Five-Year Plan (2006-2010). The financing of public services in rural...

Central-local budgetary arrangements have undergone numerous changes since the 1960s as the Chinese government in its quest for modernization has sought to balance the needs of central control and local autonomy. During the reform period, the falling tax share of GNP and a commitment to greater...

China's transition from a planned to a market economy has required a fundamental change in the role of government in economic decisions. Progress in reforming public investment management (PIM) has been uneven, with notable successes alongside glaring weaknesses. This report examines the...

The Government of China has placed strong emphasis on addressing problems related to agriculture, farmers, and rural society, with the development of a "new socialist countryside" designated as a top priority for the Eleventh Five-Year Plan (2006-2010). The financing of public services in rural...

The Government of China has placed strong emphasis on addressing problems related to agriculture, farmers, and rural society, with the development of a quot;new socialist countrysidequot; designated as a top priority for the Eleventh Five-Year Plan (2006-2010). The financing of public services...

Amidst all the hoopla about China's rise, it is useful to remember that China is a developing country whose transition to a market economy is not yet complete, with institution building still underway. The uneven pace of progress is reflected in the state of its public sector, but in some...

China introduced the largest stimulus package in the world in late 2008, in the wake of the global financial crisis. China was also the first major economy in the world to emerge from the crisis. After a brief though sharp downturn in 2008, the Chinese economy recovered and grew by 8.7% in 2009...