Assessing China's 1994 fiscal reforms: an intermediate report

Assessing China's 1994 fiscal reforms: an intermediate report

0.00 Avg rating0 Votes
Article ID: iaor20081067
Country: United States
Volume: 18
Issue: 4
Start Page Number: 453
End Page Number: 479
Publication Date: Jan 2006
Journal: Journal of Public Budgeting, Accounting and Financial Management
Authors:
Keywords: economics, management, government, politics, time series & forecasting methods
Abstract:

To boost the fiscal revenue, i.e., government revenue over GDP and central government revenue over government total revenue, China conducted the 1994 fiscal reforms. According to some observers, the results of the initial reforms were mixed. This study reveals, contrary to most examinations of previous studies, the 1994 fiscal reforms have been an enormous success in achieving the original policy purposes, although remaining problems still present a daunting task for the Chinese government. This paper examines the factors triggering the 1994 fiscal reforms, reveals the contents and accomplishments of the reforms, explores unfinished tasks and ultimately proposes some policy implications.

Reviews

Required fields are marked *. Your email address will not be published.