fiscal decentralizationin china.doc

FISCAL DECENTRALIZATIONIN CHINA
11万字 104页




INTRODUCTION

Decentralization, or centralization, this is the question which has been puzzling the Chinese government since the middle of 1950's. In recent years, some ministries of the central government argued strongly that it was necessary to stop the trend of decentralization which had led to many troubles in the national economy; whereas most local governments thought only by further decentralization could they fulfill their responsibilities. The Chinese and foreign economists issued a lot of suggestions with different ideas. A general argument is that issuing some centralized policies, the Chinese government changed the direction of the economic system reform......