Getting Out of the Land Financial Predicament – A Systematic Thinking

Pengfei Yang (), Dong Zheng and Enze Cui
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Pengfei Yang: Shandong Jianzhu University
Dong Zheng: Shandong Jianzhu University
Enze Cui: Shandong Jianzhu University

Chapter Chapter 63 in Proceedings of the 18th International Symposium on Advancement of Construction Management and Real Estate, 2014, pp 649-655 from Springer

Abstract: Abstract Since the emergence of the land finance, local governments’ reliance on land finance is gradually increasing, while a series of corresponding social contradictions and problems becoming more prominent. All angles of analysis reveals that effective measures should be adopted to reverse the situation of local governments’ uncontrolled land wealth and blind comparisons of economic indicators. Considering other motivations of local officials’ zeal for financial predicament, to completely eliminate the problem of land finance, the government must give up the power of operating lands. Local governments will need a series of politic transitions to eliminate the motivation of land financial, take measures for the existing problems to ensure that economy develops along the right track forward, at the same time, all preparations should be carried out for the development of a service-oriented government.

Keywords: Land finance; Thinking of reform; Systematic reform (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-44916-1_63

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DOI: 10.1007/978-3-642-44916-1_63

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