Public Finance in China since the Late Qing Dynasty
AbstractHow is "public finance" organized in China? Is Chinaâ€™s public finance system different from that of other countries? Can we detect features which link todayâ€™s system to the past?Public finance refers to more than annual state budgets and constitutional procedures. It includes foreign debt, state monopolies or monetary policies, all of which played a crucial role in Chinaâ€™s public finance during the last hundred years. A purely legislative definition obscures the fact that changes in public finance have contributed to the collapse of political regimes such as Imperial China (1911), Republican China (1927), and KMT-China (1945), as well engendered regime changes in 1949, 1961 and 1978. From a more comprehensive economic perspective public finance in China encompasses institutions, organizations and policies.
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Bibliographic InfoPaper provided by Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam. in its series Research Paper with number ERS-2008-005-ORG.
Date of creation: 05 Feb 2008
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public finance; China; KMT-China; imperial China; republican China;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-03-08 (All new papers)
- NEP-CNA-2008-03-08 (China)
- NEP-HIS-2008-03-08 (Business, Economic & Financial History)
- NEP-PBE-2008-03-08 (Public Economics)
- NEP-TRA-2008-03-08 (Transition Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Victor Nee, 2000. "The Role of the State in Making a Market Economy," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 156(1), pages 64-, March.
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