Fiscal Decentralization and Political Centralization in China: Implications for Growth and Inequality

Xiaobo Zhang

No RP2006-93, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: China's current fiscal system is largely decentralized while its governance structure is rather centralized with strong top-down mandates and a homogenous governance structure. Due to large differences in initial economic structures and revenue bases, the implicit tax rate and fiscal burdens to support the functioning of local government vary significantly across jurisdictions.

Keywords: Central planning; Economic development; Equality and inequality; Fiscal policy; Regional planning (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (130)

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Journal Article: Fiscal decentralization and political centralization in China: Implications for growth and inequality (2006)
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