How far are we from public finance

Author: Lü Wei
Publisher:
Publish Date: 2005-11-01
Features: How Far Are We from Public Finance? From the perspective of ideological understanding, economic theory, fiscal mechanisms, and corresponding policies, it bridges the gap between our society and public finance. — Liu Wei (Dean of the School of Economics, Peking University)
Professor Lü Wei is an active researcher in the field of fiscal and economic studies in recent years. How Far Are We from Public Finance? is a work that examines the evolution of public finance and the basic theories of public economics in Western countries whileing on the macro background of China's economic transition. It offers a fresh perspective to research and explore China's public finance and public economic issues, deserving commendation. — Jia Kang (Director of the Institute of Fiscal Science, Ministry of Finance)
We need a "roadmap" suitable for China's context to achieve the goals of public finance. Comrade Lü Wei's most significant contribution in this book, How Far Are We from Public Finance?, lies in the prototype of such a roadmap. It is neither a theoretical work that satisfies abstract analysis nor vague discussions that stop at addressing specific issues. Instead, it is a product that integrates theory and practice, based on profound reflections on China's fiscal reform and development. What is even more important, noteworthy, and worth promoting is its academic ethos of "research for application." — Gao Peiyong (Deputy Director of the Institute of Finance and Trade Economics, Chinese Academy of Social Sciences)
How Far Are We from Public Finance? examines the evolution of public finance systems in market economy countries, compares public finance systems in different market economy countries, conducts a multi-country study of the process of fiscal publicization during the transition period, and finally analyzes China's case. It aims to derive the laws of China's fiscal development from the general principles of fiscal development, presenting a work with distinct characteristics and analytical perspectives that offers a relatively profound analysis of the publicization reform of China's fiscal system. — Zhang Xin (Dean of the School of Economics, Xiamen University)
The author of this book proposes that public finance plays a special role in ensuring, coordinating, incentivizing, and constraining during the process of improving the market economy system. Starting from the general laws of fiscal development, he further argues that the construction of socialist public finance must be tailored to our own national conditions. The publicization of China's national finance should be completed in two steps: first, the withdrawal of traditional fiscal functions and the marketization of