Public Finance

Author: Zhang Suqin, Editor-in-Chief
Publisher:
Publish Date: 2005-05-01
Features: This book presents novel content, reflecting the latest developments in fiscal theory and practice; it features a complete and comprehensive system, rich in content, emphasizing both theoretical exploration and practical application. Set against the backdrop of institutional innovation in China's fiscal system and in conjunction with international development, the book integrates the latest research findings in fiscal theory with practical experiences in fiscal development, catering to the needs of China's fiscal theory and practice. It serves as a valuable resource for teaching and research in finance and economics and related fields. The book elaborates on the essence and functions of public finance, explores the relationship between public finance and the market economy, and constructs a public finance framework suitable for China's context. It comprehensively introduces fiscal expenditures, revenue, tax reforms, the scale and limits of government bonds, and other issues under the new circumstances. Additionally, it discusses state budgets, extrabudgetary funds, budget systems, and other relevant content in line with China's realities, introducing the evolution and characteristics of China's decentralized fiscal system. It also analyzes fiscal policy and fiscal risk theory in light of China's practical challenges. The book consists of thirteen chapters, sequentially titled: Introduction to Public Finance, Fiscal Expenditure Scale and Structure, Government Procurement, Purchase-Related Expenditures, Transfer Payments, Fiscal Revenue Scale and Structure, Principles of Taxation, Tax Systems, International Taxation, Government Bonds and Management, State Budgets, Budget Management Systems, Fiscal Balance and Fiscal Policy.