Arbeitspapier
Should China revisit the 1994 fiscal reforms?
The 1994 reforms in China were remarkably successful in stabilizing the economy and raising revenues for the benefit of sustainable growth and permitting the central government to redistribute resources to poorer regions through an equalization framework. However, the rise of informal local borrowing in the absence of effective own-source revenues raises possible risks and imbalances in the future. There is thus a need to reconsider the fundamentals of intergovernmental fiscal relations, building on the basis laid in the 1994 reforms.
- Language
-
Englisch
- Bibliographic citation
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Series: ZEF Discussion Papers on Development Policy ; No. 154
- Classification
-
Wirtschaft
- Subject
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Finanzreform
Finanzföderalismus
Finanzausgleich
China
- Event
-
Geistige Schöpfung
- (who)
-
Ahmad, Ehtisham
- Event
-
Veröffentlichung
- (who)
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University of Bonn, Center for Development Research (ZEF)
- (where)
-
Bonn
- (when)
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2011
- DOI
-
doi:10.22004/ag.econ.115922
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Ahmad, Ehtisham
- University of Bonn, Center for Development Research (ZEF)
Time of origin
- 2011
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