[Download] "Local Public Finance Management in the People's Republic of China" by Asian Development Bank " eBook PDF Kindle ePub Free
eBook details
- Title: Local Public Finance Management in the People's Republic of China
- Author : Asian Development Bank
- Release Date : January 01, 2014
- Genre: Politics & Current Events,Books,
- Pages : * pages
- Size : 8673 KB
Description
The People's Republic of China is a highly decentralized unitary state with local governments having a dominant share of public service delivery responsibility. Local governance is critically linked to a local public finance system that creates incentives and accountability mechanisms. To ensure the policy response, this project focused on the three interrelated areas in local public finance management, i.e., local budgeting, local debt management and local taxation, and produced policy options in the short, medium and long terms. The overall purpose of the reforms is to improve local accountability and transparency, strengthen local fiscal capacity, and institutionalize formal frameworks for local public debt management.
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