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Public Finance in China: Reform and Growth for a Harmonious Society
Edited by Jiwei Lou , Shuilin Wang
Price: $ 35.00
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English Paperback 400 pages 6 x 9
Published January 2008
ISBN: 0-8213-6927-X     ISBN-13: 978-0-8213-6927-2     SKU: 16927

This book brings together analysis and insights from high-level Chinese policy-makers and prominent international scholars in addressing the key challenges China is facing in maintaining rapid growth and achieving the Government's stated goal of creating a harmonious society. It analyzes such key policy issues as: public finance and the changing role of the state; fiscal reform and revenue and expenditure assignments; inter-governmental relations and fiscal transfers; and financing and delivery of basic public goods such as compulsory education, innovation, public health, and social protection.


"A key to China's successful reform has been the decision makers' ability to identify major constraints for development and transition, open their minds to different recommendations, and make decisions based on their understanding of desirability and feasibility in this country. This book is a good example of public policy debates in China."

Justin Yifu Lin,
World Bank Chief Economist and Senior Vice President

"Public sector institutions will play a critical role in determining the future pace of China's growth and the distribution of income and welfare. The contributions in this volume frame the central issues that scholars and policy makers concerned with taxation and the design of public spending programs must confront in the decades ahead."

James Poterba,
Mitsui Professor of Economics, Massachusetts Institute of Technology;
Director, Public Economics Research Program,
National Bureau of Economic Research, Cambridge, Mass.

"The authors should be highly commended for their deep understanding of China's financial, economic, and social issues; the soundness of their arguments; and the relevance of their policy recommendations. The publication and dissemination of this book will no doubt greatly promote the further study and broader exchange of ideas on these important issues."

Jinglian Wu,
Vice Chairman, Committee for Economic Affairs,
National Committee of the Chinese People's Political Consultative Conference;
Senior Research Fellow, Development Research Center of the State Council, Beijing

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