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The Chinese Economy in Crisis

State Capacity and Tax Reform

The Chinese Economy in Crisis( )
Author: Wang, Xiaohu (Shawn)
Hu, An'gang
ISBN:978-0-7656-0765-2
Publication Date:May 2001
Publisher:Routledge
Book Format:Hardback
List Price:USD $200.00
Book Description:

The authors of this work argue strongly that the decentralization that has taken place in China over the past two decades threatens to undermine the future of reform and perhaps even the state itself. They contend that reform has undermined state capacity in China, and that the state's fiscal revenues, as a percentage of GNP, have declined and will continue to decline into the foreseeable future, thereby weakening China's ability to mobilize resources for modernization.

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