Intergovernmental Fiscal Reform in China

Intergovernmental Fiscal Reform in China
China is the most decentralized country in the world in terms of expenditures shares, with subnational governments responsible for 85 percent of government spending. Limited revenue autonomy and insufficient intergovernmental transfers have led to large unfunded mandates and a build-up of debt outside the budget. The government has recently... READ MORE...

Publication date: April 2018
ISBN 9781484351109
$18.00

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