Description
Taylor & Francis Ltd China'S Fiscal Policy: Discretionary Approaches And Operation Design by Gao Peiyong
As An Important Macroeconomic Variant 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. Thus Fiscal Policy Has Always Been A Primary Instrument Of Macroeconomic Regulation.This Book Imports Fiscal Policy Into The Framework Of Macroeconomic Analysis And Through The Analysis Of The Former It Unfolds The Major Changes Of ChinaS Macroeconomic Operation In The Past 20 Years. This Book Begins With ChinaS Rejoining The General Agreement On Tariffs And Trade (Gatt) In The 1990S Which Enabled China To Deepen The Reform And Join The International Market Finally. It Elaborates On The Challenges ChinaS Taxation Would Be Confronted With After Rejoining The Gatt Including The Decrease Of Tax Revenue And Higher Requirements For Tax Reform. Then This Book Combs ChinaS Fiscal Policies Under Various Economic Situations Chronologically-Tax Policy Under The Background Of Deflation Proactive Fiscal Policy At The Beginning Of 21St Century Macroeconomic Policy Options Facing A Complicated And Volatile Economy Etc. How To Deal With The ! Degreesnew Normal!+/- Of Development ChinaS Economy Has Entered Is Also Addressed.This Book Will Appeal To Scholars And Students Of Economics And ChinaS Economic Studies.