Fiscal Decentralization Theory and Grassroots Public Finance Reform

Author: Yang Zhigang
Publisher:
Publish Date: 2006-03-01
Features: This book systematically organizes modern fiscal decentralization theory and the theory of China's fiscal system reform, discusses the implementation of local government functions, and proposes a general framework for grassroots fiscal reform in China. It also examines local government revenue, transfer payments, fiscal competition, local government debt, and local budget management reform from the perspective of fiscal decentralization. The book has three distinctive features: First, it is based on the forefront of modern fiscal theory, with all arguments grounded in existing research. Second, it combines international comparisons with China's realities, addressing relevant issues both globally and within the context of China's national conditions. Third, it emphasizes field case studies and proposes some reform recommendations.