Issues in Intergovernmental Fiscal Relations in China

Dabla-Norris, Era

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Issues in Intergovernmental Fiscal Relations in China

IMF Working Paper No. 05/30

29 Pages Posted: 10 Jan 2006

See all articles by Era Dabla-Norris

Era Dabla-Norris

International Monetary Fund (IMF)

Date Written: February 2005

Abstract

The paper reviews the changing nature of intergovernmental fiscal relations between the provinces and the central government in China over the past two decades and provides an assessment of the success of previous reforms in meeting their objectives. Key existing weaknesses in the current system that undermine these objectives are identified. Alternative instruments, procedures, rules, and incentives that could result in better outcomes are outlined by drawing upon relevant cross-country experiences.

Keywords: Fiscal policy, intergovernmental fiscal relations, China

JEL Classification: H20, H21, H77

Suggested Citation: Suggested Citation

Dabla-Norris, Era, Issues in Intergovernmental Fiscal Relations in China (February 2005). IMF Working Paper No. 05/30, Available at SSRN: https://ssrn.com/abstract=874251