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180827 ||| eng |
| 020 |
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|a 9781484351109
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| 100 |
1 |
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|a Wingender, Philippe
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| 245 |
0 |
0 |
|a Intergovernmental Fiscal Reform in China
|c Philippe Wingender
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2018
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| 300 |
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|a 32 pages
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| 651 |
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4 |
|a China, People's Republic of
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| 653 |
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|a Revenue administration
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| 653 |
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|a Public debt
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| 653 |
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|a Social assistance spending
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| 653 |
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|a Labour; income economics
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| 653 |
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|a Employment; Economic theory
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| 653 |
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|a Social Security and Public Pensions
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| 653 |
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|a Public finance & taxation
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| 653 |
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|a State and Local Taxation, Subsidies, and Revenue
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| 653 |
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|a Debt Management
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| 653 |
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|a Debts, Public
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| 653 |
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|a Fiscal Policy
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| 653 |
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|a Debt
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| 653 |
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|a Aggregate Labor Productivity
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| 653 |
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|a Unemployment
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| 653 |
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|a Public employment
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| 653 |
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|a Fiscal policy
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| 653 |
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|a Aggregate Human Capital
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| 653 |
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|a Labor
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| 653 |
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|a National Government Expenditures and Related Policies: General
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| 653 |
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|a Expenditure
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| 653 |
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|a Sovereign Debt
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| 653 |
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|a National Government Expenditures and Welfare Programs
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| 653 |
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|a Taxation, Subsidies, and Revenue: General
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| 653 |
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|a Expenditures, Public
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Wages
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| 653 |
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|a State and Local Government: Health, Education, and Welfare
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| 653 |
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|a Intergenerational Income Distribution
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| 653 |
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|a Public Finance
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| 653 |
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|a Revenue
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| 653 |
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|a State and Local Borrowing
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| 653 |
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|a Employment
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Working Papers
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| 028 |
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|a 10.5089/9781484351109.001
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| 856 |
4 |
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|u https://elibrary.imf.org/view/journals/001/2018/088/001.2018.issue-088-en.xml?cid=45743-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a China is the most decentralized country in the world in terms of expenditures shares, with subnational governments responsible for 85 percent of government spending. Limited revenue autonomy and insufficient intergovernmental transfers have led to large unfunded mandates and a build-up of debt outside the budget. The government has recently announced an ambitious intergovernmental fiscal reform, which will increase the role of the central government. Comprehensive reform is needed to improve public service delivery, increase overall social spending levels and reduce regional disparities. Revenue reforms are also necessary to improve efficiency and reduce vulnerabilities from excessive subnational borrowing. These reforms are challenging, but are crucial so that the government can support China’s continued development and prosperity
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