Fiscal Management and Economic Reform in the People's Republic of China

Since 1979, economic reforms in the People's Republic of China have produced impressive gains in national income and living standards. The process, however, is not complete, and several aspects of the fiscal system need reform before the full benefits of a market economy can be realized. The government needs to be able to control revenue, expenditure, and the money supply. This can only be done if the Ministry of Finance is given greater powers to analyze the current economic situation, anticipate future changes, and guide economic reforms.  This book deals with the complex nature of the market-oriented reform process in the world's largest country. Although the focus of the study is on fiscal policy and the broader realm of public finance, it also addresses other economy-wide reforms under implementation. In the long term, the success of the fiscal reforms will hinge crucially on the enterprise, price and financial sector reforms, and on current, or planned, structural reforms that promote market-based macromanagement.

Business & Money

Wong, Christine P. W.

Heady, Christopher

Woo, Wing T.

Economics

Asian Development Bank Press

<p>The People's Republic of China has experienced many economic reforms in the last decade, but further improvements to the fiscal system are needed. This book examines the existing reforms and suggests ways in which other reforms could be implemented.</p>

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Books by Wong, Christine P. W.

See the best price to sell, buy, or rent books by Wong, Christine P. W.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Fiscal Management and Economic Reform in the People's Republic of China

Fiscal Management and Economic Reform in the People's Republic of China