THE RESEARCH ON THE DILEMMA OF THE LOCAL GOVERNMENT FINANCE IN LESS-DEVELOPED AREAS: XINGGUO COUNTY SURVEY

Changbiao Zhong () and Nannan Dong
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Changbiao Zhong: School of Economic and Management, China Jiliang University, Hangzhou, P. R. China
Nannan Dong: Business School of Ningbo University, Ningbo, P. R. China

The Singapore Economic Review (SER), 2018, vol. 63, issue 04, 885-897

Abstract: This study examines the financial rights and responsibilities of China’s local villages and townships based on a field survey conducted in Xingguo County. This field study focussed on local revenues and expenditures from 2012 to 2014. Upon analyzing data from the survey, we noted numerous difficulties of local financial management due to a lack of well-configured financial authority and power among central and local governments. In addition, revenues and expenditures are unbalanced at the local government level in China. Rural financial management systems need to be improved, and the rural finance function should be strengthened.

Keywords: Local government responsibilities; financial right; survey; underdeveloped areas; China (search for similar items in EconPapers)
Date: 2018
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DOI: 10.1142/S0217590817420048

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