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China's Fiscal Policy - Discretionary Approaches and Operation Design (Hardcover)
Loot Price: R4,539
Discovery Miles 45 390
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China's Fiscal Policy - Discretionary Approaches and Operation Design (Hardcover)
Series: China Perspectives
Expected to ship within 12 - 17 working days
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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 China's
macroeconomic operation in the past 20 years. This book begins with
China's 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
China's 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 China's 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 China's economy has entered is also
addressed. This book will appeal to scholars and students of
economics and China's economic studies.
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