Recently added articles from Public Finance and Management:
Exploring Sources of Local Government Technical Inefficiency: Evidence from Flemish Municipalities*
Jan 01, 2009; ... ABSTRACT The present paper explores sources of technical (in)efficiency of Flemish municipalities in their production of local public goods (in the year 2000). In assessing inefficiency derivation, we focus on socio-economic and political characteristics of the municipalities as ...
SYMPOSIUM ON CHINA'S PUBLIC FINANCES: PART 2: CHINA'S PUBLIC FINANCES: DECENTRALIZATION, POVERTY AND SOCIAL SECURITY
Jan 01, 2009; ... ABSTRACT China's public finances have played an important part in the country's economic performance. As the focus of development strategy changes from exports to domestic consumption and to the establishment of a harmonious society, China's public finances are now called upon to play a ...
COMMUNITY DEVELOPMENT FUNDS: A NEW VEHICLE FOR POVERTY ALLEVIATION IN CHINA?1
Jan 01, 2009; ... ABSTRACT Disappointed with the performance of poverty loans and the rural financial system in targeting the poor communities and households, the Chinese Government is currently piloting community development funds (CDFs) as an alternative instrument for poverty alleviation and ...
ENTERPRISE PENSIONS IN CHINA: HISTORY AND CHALLENGES*
Jan 01, 2009; ... ABSTRACT Since the establishment of the People's Republic of China by the Communist Party in 1949, the government has introduced a social welfare system for both urban and rural populations. Before the economic reform and the open door policy that started at the end of the 1970s, ...
FISCAL DECENTRALIZATION IN CHINA AND INDIA: COMPETITIVE, COOPERATIVE OR MARKET PRESERVING FEDERALISM?*
Jan 01, 2009; ... ABSTRACT This paper provides a comparative assessment of fiscal decen-tralization in China and India, including the standard components of expenditure and revenue assignments and institutions for intergovern-mental transfers, as well as the nature of sub-national authorities over general ...
SYMPOSIUM ON CHINA'S PUBLIC FINANCES: PART 1: DEVELOPMENT STRATEGY, REVENUES AND FISCAL TRANSFERS
Oct 01, 2008; ... ABSTRACT China's public finances have played an important part in the country's economic performance. As the focus of development strategy changes from exports to domestic consumption and to the establishment of a harmonious society, China's public finances are now called upon to play a ...
STRATEGIC CHANGE AND THE LIMITS OF CENTRAL AUTHORITY IN CHINA*
Oct 01, 2008; ... ABSTRACT In the transition from plan to market China achieved great benefits from adopting a gradualist approach, and avoided many of the issues that plagued those countries in Eastern Europe which pursued a 'big-bang' model of reform. Nevertheless, economic change in China has been very ...
INTERGOVERNMENTAL FISCAL TRANSFERS FOR CHINA'S HARMONIOUS SOCIETY *
Oct 01, 2008; ... ABSTRACT For many years, foreign funded companies in China enjoyed a relatively low tax rate and a series of preferential policies which were aimed at encouraging foreign direct investment in China. By adopting a new law in 2007, however, the National People's Congress proclaimed the end ...
TAX REFORM IN CHINA: PAST PERFORMANCE AND FUTURE CHALLENGES*
Oct 01, 2008; ... ABSTRACT China's current tax structure was introduced by its 1994 tax reform which holds the most important position in China's modern history on account of its scale and implications. Putting tax system building under the background of market economy, the reform has established a basic ...
THE DUAL CORPORATE INCOME TAX IN CHINA: THE IMPACT OF UNIFICATION*
Oct 01, 2008; ... ABSTRACT For many years, foreign funded companies in China enjoyed a relatively low tax rate and a series of preferential policies which were aimed at encouraging foreign direct investment in China. By adopting a new law in 2007, however, the National People's Congress proclaimed the end ...
GLOBAL AGING PRESSURES: IMPACT OF FISCAL ADJUSTMENT, POLICY COOPERATION, AND STRUCTURAL REFORMS
Jul 01, 2008; ... ABSTRACT This paper undertakes a rigorous analysis of the effects of policies to respond to the looming demographic pressures in Europe and elsewhere. We examine the impact of fiscal adjustment by itself, and when pursued in combination with tax, labor and product market reforms, using ...
THE POLITICAL ECONOMY OF DELAYING FISCAL CONSOLIDATION
Jul 01, 2008; ... ABSTRACT Over the next decades, many OECD countries are anticipating large increases in public spending as a result of population ageing and other long-term structural trends. The need to put public finances on a sustainable footing is widely recognised, but progress has been uneven and ...
ASSESSING FISCAL SUSTAINABILITY IN THE G-7 COUNTRIES
Jul 01, 2008; ... ABSTRACT Rising longevity, falling fertility rates, and the retirement of the baby boom generation will substantially raise age-related government spending in most advanced and many emerging market countries. This paper assesses the evolution of fiscal sustainability for each of the G-7 ...
INTRODUCTION TO THE SYMPOSIUM ON "HOW TO ACHIEVE FISCAL SUSTAINABILITY IN INDUSTRIALISED COUNTRIES"?*
Jul 01, 2008; ... ABSTRACT The papers in this symposium address fiscal sustainability within the context of aging related fiscal costs and argue that macroeconomic and political costs of delaying fiscal adjustments can be significant. The authors also analyse consolidation and reform programmes and ...
101 PROPOSALS TO REFORM THE STABILITY AND GROWTH PACT. WHY SO MANY? A SURVEY
Jul 01, 2008; ... ABSTRACT The failure of key EU Member States to respect the provisions of the Stability and Growth Pact (SGP) a few years after its inception triggered a heated debate on how to reform the framework of fiscal policy coordination in the Economic and Monetary Union (EMU). This paper ...
A STRUCTURAL ANALYSIS OF ITALY'S FISCAL POLICIES AFTER JOINING THE EUROPEAN MONETARY UNION: ARE WE LEARNING FROM OUR PAST?
Jul 01, 2008; ... ABSTRACT Italy's public finances improved dramatically in the period 1992-97, helping to secure participation in the European Monetary Union from the outset. There was considerable fiscal loosening in the years that followed, and the primary balance declined steadily from almost 7 per ...