Public finance reform vital

  Decades ago, major international studies proved an optimal system should minimize distortion, maximize social welfare and correct negative externalities, especially those harming the environment and public health. [...]fiscal revenue has more than doubled as a percentage of GDP in the last 15 year...

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Bibliographic Details
Published inChina daily
Main Author Konishi, Ayumi
Format Newspaper Article
LanguageEnglish
Published Beijing China Daily 04.11.2013
EditionInternational ed.
Subjects
Development banks
Economic development
Economic models
Economic reform
Fiscal policy
Income distribution
Prosperity
China
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Summary:  Decades ago, major international studies proved an optimal system should minimize distortion, maximize social welfare and correct negative externalities, especially those harming the environment and public health. [...]fiscal revenue has more than doubled as a percentage of GDP in the last 15 years.
ISSN:0253-9543