Research on Chinese public finance in response to domestic natural disasters

Yong-ling Zhang, Yan-nan Ma, An Chen and Yu-han Lin ()

Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, 2015, vol. 77, issue 3, 1799-1810

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

Keywords: Natural disasters; Public finance; Emergency funds; Financial contingency funds (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1007/s11069-015-1676-z

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