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Research on Chinese public finance in response to domestic natural disasters

Author

Listed:
  • Yong-ling Zhang
  • Yan-nan Ma
  • An Chen
  • Yu-han Lin

Abstract

Public finance plays an extremely important role in responding to natural disasters. This paper proposes a package solution to improve the efficiency of Chinese public finance dealing with domestic natural disasters, using systematic approach of application, distribution and recovery of financial contingency funds. Specifically, the effective ways of adjusting to tactics are the following five aspects: (1) allocate financial contingency funds and build a good financial integration mechanism; (2) promote network integration of emergency contingency funds and improve financial management system; (3) enhance funds management and prevent corruption; (4) specify the boundaries between fiscal power and administrative authority and define responsibility properly; (5) improve relevant laws and provide legal protection for emergency finance. Copyright Springer Science+Business Media Dordrecht 2015

Suggested Citation

  • Yong-ling Zhang & Yan-nan Ma & An Chen & Yu-han Lin, 2015. "Research on Chinese public finance in response to domestic natural disasters," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 77(3), pages 1799-1810, July.
    • Handle: RePEc:spr:nathaz:v:77:y:2015:i:3:p:1799-1810
    DOI: 10.1007/s11069-015-1676-z
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    References listed on IDEAS

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    1. Goddard, Andrew, 1997. "Organizational culture and budget related behavior: A comparative contingency study of three local government organizations," The International Journal of Accounting, Elsevier, vol. 32(1), pages 79-97.
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    Cited by:

    1. Zhang, Dayong & Managi, Shunsuke, 2020. "Financial development, natural disasters, and economics of the Pacific small island states," Economic Analysis and Policy, Elsevier, vol. 66(C), pages 168-181.

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