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China’s Fiscal Policy

Gao Peiyong
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      Fiscal policy has always been a primary measure of macroeconomic control. The fiscal revenue and expenditure can influence the operation of the whole economic and social activities by changing the existing GDP distribution pattern, affecting the consumption and investment of enterprises and people, etc. Within the framework of macroeconomic analysis, this book reviews the evolution of China’s fiscal policy, and the main changes China’s economy has experienced since 1990s. To begin with, it makes an empirical research of China’s national debts, including their relationship with macroeconomic regulation and total social demand. Besides, it examines the economic effect mechanism of national debts issuance. Then it focuses on the taxation issues, elucidating the sources of tax revenue growth and the judgments on tax burden. The issue of tax reduction is also covered, especially its complexity in China. Lastly, it provides insights into China’s fiscal tendency, changes of macroeconomic policies, and financial operation in the context of the "New Normal". Scholars and students in economics, finance and Chinese economic studies will be attracted by this book. Also, it will appeal to readers interested in modern Chinese economic history.
      Format: CONTRIBUTORS: Gao Peiyong EAN: 9780367590574 COUNTRY: United Kingdom PAGES: WEIGHT: 349 g HEIGHT: 234 cm
      PUBLISHED BY: Taylor & Francis Ltd DATE PUBLISHED: 2020-06-30 CITY: GENRE: BUSINESS & ECONOMICS / General, BUSINESS & ECONOMICS / Taxation / General, BUSINESS & ECONOMICS / Economics / General WIDTH: 156 cm SPINE:

      Book Themes:

      China, Economics, Public finance accounting, Public finance and taxation, Business and Management

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      Gao Peiyong is the director of Institute of Economics, Chinese Academy of Social Sciences. His main research interests include theoretic research, policy analysis and institution design in the field of public finance and taxation.
      Fiscal policy has always been a primary measure of macroeconomic control. The fiscal revenue and expenditure can influence the operation of the whole economic and social activities by changing the existing GDP distribution pattern, affecting the consumption and investment of enterprises and people, etc. Within the framework of macroeconomic analysis, this book reviews the evolution of China’s fiscal policy, and the main changes China’s economy has experienced since 1990s. To begin with, it makes an empirical research of China’s national debts, including their relationship with macroeconomic regulation and total social demand. Besides, it examines the economic effect mechanism of national debts issuance. Then it focuses on the taxation issues, elucidating the sources of tax revenue growth and the judgments on tax burden. The issue of tax reduction is also covered, especially its complexity in China. Lastly, it provides insights into China’s fiscal tendency, changes of macroeconomic policies, and financial operation in the context of the "New Normal". Scholars and students in economics, finance and Chinese economic studies will be attracted by this book. Also, it will appeal to readers interested in modern Chinese economic history.
      Format: CONTRIBUTORS: Gao Peiyong EAN: 9780367590574 COUNTRY: United Kingdom PAGES: WEIGHT: 349 g HEIGHT: 234 cm
      PUBLISHED BY: Taylor & Francis Ltd DATE PUBLISHED: 2020-06-30 CITY: GENRE: BUSINESS & ECONOMICS / General, BUSINESS & ECONOMICS / Taxation / General, BUSINESS & ECONOMICS / Economics / General WIDTH: 156 cm SPINE:

      Book Themes:

      China, Economics, Public finance accounting, Public finance and taxation, Business and Management

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      Be the first to write a review
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      Gao Peiyong is the director of Institute of Economics, Chinese Academy of Social Sciences. His main research interests include theoretic research, policy analysis and institution design in the field of public finance and taxation.

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