Issues in Intergovernmental Fiscal Relations in China
IMF Working Papers, February 1, 2005
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Bibliographic details
- Authors: Era Dabla-Norris
- Published: February 1, 2005
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781451860498.001
Summary
- Reviews the changing nature of intergovernmental fiscal relations between the provinces and the central government in China over the past two decades.
- Provides an assessment of the success of previous reforms in meeting their objectives.
- Identifies key existing weaknesses in the current system that undermine these objectives.
- Outlines alternative instruments, procedures, rules, and incentives that could result in better outcomes by drawing upon relevant cross-country experiences.
Major themes and focus areas
- Intergovernmental fiscal relations between provincial and central governments in China.
- Assessment of reform outcomes over the prior two decades.
- Diagnosis of weaknesses in the current system.
- Policy design: instruments, procedures, rules, and incentives informed by cross-country experience.
Key observations reported (as stated in the paper)
- The paper assesses the success of previous reforms in meeting their objectives.
- Key existing weaknesses in the current system that undermine those objectives are identified.
- Alternative instruments, procedures, rules, and incentives that could result in better outcomes are outlined, drawing upon relevant cross-country experiences.