Name: China's Return to Expansionary Fiscal Policy
Price: 405.00 ZAR
Availability: InStock
Author: Lin, Shuanglin
ISBN: 9789810241001

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portada China's Return to Expansionary Fiscal Policy

China's Return to Expansionary Fiscal Policy

Type

Physical Book

Author

Shuanglin Lin

Publisher

World Scientific Publishing Company

Year

1999

Language

English

Pages

Format

Paperback

Dimensions

20.4 x 14.0 x 0.3 cm

Weight

0.06 kg.

ISBN

9810241003

ISBN13

9789810241001

Synopsis "China's Return to Expansionary Fiscal Policy"

This volume examines China's government budgetary condition, analyses the new expansionary fiscal policy, and discusses policy options. China's government budgetary revenue has declined dramatically since the start of economic reforms. Facing slower economic growth, China's new fiscal policy is to increase government expenditures by issuing bonds. With a large increase in government spending, it should not be difficult to achieve 7% growth in 1999. The government should conduct serious cost-benefit analyses of every public project in order to prevent scarce funds from being wasted. In the long run, the government should focus on merging the extra-budgetary and off-budgetary revenues into budgetary revenues, instead of allocating more resources to the government sector.

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China's Return to Expansionary Fiscal Policy - Lin, Shuanglin

Synopsis "China's Return to Expansionary Fiscal Policy"

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