2005 China Fiscal Development Report: Public Finance Information, Decision-making and Responsibilities

Author: Research Center for Public Policy, Shanghai University of Finance and Economics
Publisher:
Publish Date: 2005-08-16
Features: The "2005 China Fiscal Development Report" focuses on the information, decision-making, and responsibilities of public finance. Based on summarizing the fiscal and economic performance of 2004, it provides an outlook on the development trends of China's fiscal economy in 2005. At the same time, it points out the necessity of paying special attention to the institutional development of China's public finance, in response to the five major issues exposed in the National Audit Office's audit report. Unlike previous reports, which primarily emphasized proving what the government should do, how it should do it, and what policies are appropriate, this report attempts to shift the focus to another theme: what decision-making mechanisms can produce appropriate policies and ensure that the government does what it should.