Contemporary Public Finance and the Mainstream of Public Economics

Author: Zhang Xin
Publisher:
Publish Date: 2000-06-01
Features: A comprehensive review of fiscal science, both in retrospect and in prospect. The book, excluding the introduction, is divided into three parts. The first part covers contemporary Western finance and fiscal theory, providing a thorough introduction and analysis of contemporary Western finance. It begins by discussing contemporary fiscal practices, contemporary Western fiscal theory, public goods theory, and social choice theory (public choice theory). Next, it focuses on several fundamental theories of Western taxation, including the theory of tax principles, the theory of optimal tax systems, and the theory of tax burden shifting. It then separately discusses fiscal income redistribution, fiscal policy, and government bonds. Finally, it addresses international fiscal issues that transcend national finance under different fiscal concepts in Western theoretical circles. Corresponding to the first part, the second part introduces contemporary Chinese finance and fiscal theory issues, exploring the evolution of contemporary Chinese fiscal practices and theories. The third part is a prospect for the 21st century: the development trends of global fiscal theory, involving the challenges faced by contemporary fiscal theory, the divergence and integration of fiscal theories between contemporary Western and China, and the convergence of contemporary Chinese and Western fiscal theories, and so on. Creatively, the author designs a basic framework from the perspective of comparison and evolution, reflecting the mainstream of contemporary finance and fiscal science. With a dynamic view, it examines the development of contemporary finance and fiscal science mainstream, distinguishing between Western and Chinese parts of contemporary fiscal theory and practice for separate analysis, filling a gap in China's fiscal theoretical research.