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Books > Business & Economics > Finance & accounting > Finance > Public finance
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Federalism in China and Russia - Story of Success and Story of Failure? (Hardcover)
Loot Price: R3,023
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Federalism in China and Russia - Story of Success and Story of Failure? (Hardcover)
Series: Studies in Fiscal Federalism and State-local Finance series
Expected to ship within 12 - 19 working days
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Based on the synthesis of a large empirical and theoretical
literature on center-region relations in China and Russia,
Federalism in China and Russia is one of the first attempts to
integrate this literature from different disciplines into a
coherent common framework. Libman and Rochlitz argue that the
divergence in growth performance between Russia and China can be -
at least partially - explained by a number of features of the
Chinese system of center-regional relations. The authors offer a
comparative analysis of the development of center-region relations
in Russia and in China and explore several dimensions of these
relations: fiscal ties and incentives; bureaucratic practices;
flows of information; and local government practices, while
addressing the determinants of divergence between both countries.
They also examine how the Chinese system has recently started to
change, by adopting several features of the Russian model, which
might be one of the reasons for China's declining growth
performance in recent years. Federalism in China and Russia should
be read by scholars in public economics, political economy and
comparative politics, as well as by students and policy analysts.
For scholars, the book serves as a point of reference in studying
the comparative evolution of the two countries. It will enrich the
discussion on fiscal federalism, center-region relations and
sub-national political regimes, and could potentially become an
important part of syllabi in political economy, public economics
and comparative politics courses. For policy analysts, the book
offers a comprehensive survey of the evolution of center-periphery
relations of the two countries and the differences between them,
which is important to better understand the overall development of
Russia and China.
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