China How Can Revenue Reforms Contribute To Inclusive And Sustainable Growth
Download China How Can Revenue Reforms Contribute To Inclusive And Sustainable Growth full books in PDF, epub, and Kindle. Read online free China How Can Revenue Reforms Contribute To Inclusive And Sustainable Growth ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
China
Author | : Mr.Waikei W. Lam,Mr.Philippe Wingender |
Publsiher | : International Monetary Fund |
Total Pages | : 30 |
Release | : 2015-03-24 |
Genre | : Business & Economics |
ISBN | : 9781475531138 |
Download China Book in PDF, Epub and Kindle
Revenue reforms can contribute to more inclusive, green, and sustainable growth in China. Relative to OECD economies, fiscal policy in China is less redistributive. Options for promoting more inclusive growth include improving the progressivity of labor taxes (individual income tax and social security contributions), introducing a recurrent property tax, and finishing the transition to a comprehensive value-added tax. Higher environmental taxes, meanwhile, would promote more environment-friendly economy. These reforms could also significantly boost revenue, potentially by as much as 61⁄2 percent of GDP. Such increases in revenue could help reduce the deficit, finance priority social and infrastructure spending, and offset cuts in other taxes. We illustrate how these revenue reforms could be part of a comprehensive fiscal package that achieves the needed consolidation in the (augmented) deficit and foster higher quality growth.
Modernizing China
Author | : W. Raphael Lam,Mr.Markus Rodlauer,Mr.Alfred Schipke |
Publsiher | : International Monetary Fund |
Total Pages | : 392 |
Release | : 2017-01-14 |
Genre | : Business & Economics |
ISBN | : 9781513539942 |
Download Modernizing China Book in PDF, Epub and Kindle
China is at a critical juncture in its economic transformation as it tries to rebalance what is generally seen as an exhausted growth model. A unifying theme across the reforms that will deliver this transformation is that it can no longer be achieved by raising the amount of physical investment and government direction of resource allocation. Instead China is building a new set of policy frameworks that will allow markets to function more effectively—not unfettered markets, but markets that work efficiently, in line with broad social and other policy goals, and in a sustainable way. Hence, China is now building a new soft infrastructure, that is, the institutional plumbing that underpins and guides the functioning of markets as the key organizing principle toward achieving sustained economic and social progress. Against this background, this volume provides policymakers, academics, and the public with valuable information about policies and institutions in China today. It also looks at the road ahead and key principles that can help China in navigating it. The book focuses on issues crucial in the country’s transformation, such as tax policy and administration, social security, state-owned enterprise reform, medium-term expenditure frameworks, the role of local government finances, capital account liberalization, and renminbi internationalization. As China moves toward a more price-based allocation of resources, strengthening monetary policy frameworks and financial sector regulation will be particularly important in channeling resources to the most productive sectors and minimizing the risks of financial sector stress. Also, upgrading statistical frameworks will be critical for macroeconomic policymaking and investors. Visit : http://www.elibrary.imf.org/page/modernizing-china
Tax Administration Reform in China
Author | : John Brondolo,Zhiyong Zhang |
Publsiher | : International Monetary Fund |
Total Pages | : 135 |
Release | : 2016-03-17 |
Genre | : Business & Economics |
ISBN | : 9781484301111 |
Download Tax Administration Reform in China Book in PDF, Epub and Kindle
Tax administration improvements have contributed significantly to a doubling of China’s tax-to-GDP ratio and the substantial reduction in taxpayers’ compliance costs since the mid-1990s. This paper describes the key features of China’s tax administration and their evolution over the last 20 years. It also identifes emerging challenges to the tax system and areas where further tax administration improvements are needed to sustain tax revenue and reduce taxpayers’ compliance costs in the future.
Tax Administration Reform in China
Author | : John Brondolo,Zhiyong Zhang |
Publsiher | : International Monetary Fund |
Total Pages | : 67 |
Release | : 2016-03-17 |
Genre | : Business & Economics |
ISBN | : 9781475523614 |
Download Tax Administration Reform in China Book in PDF, Epub and Kindle
Tax administration improvements have contributed significantly to a doubling of China’s tax-to-GDP ratio and the substantial reduction in taxpayers’ compliance costs since the mid-1990s. This paper describes the key features of China’s tax administration and their evolution over the last 20 years. It also identifes emerging challenges to the tax system and areas where further tax administration improvements are needed to sustain tax revenue and reduce taxpayers’ compliance costs in the future.
A Political Economy of the United States China and India
Author | : Shalendra D. Sharma |
Publsiher | : Cambridge University Press |
Total Pages | : 235 |
Release | : 2018-05-17 |
Genre | : Business & Economics |
ISBN | : 9781107183582 |
Download A Political Economy of the United States China and India Book in PDF, Epub and Kindle
Examines the widening economic inequality in the United States, China, and India, and what can be done to ameliorate this.
OECD Economic Surveys China 2017
Author | : OECD |
Publsiher | : OECD Publishing |
Total Pages | : 136 |
Release | : 2017-03-21 |
Genre | : Electronic Book |
ISBN | : 9789264272118 |
Download OECD Economic Surveys China 2017 Book in PDF, Epub and Kindle
This 2017 OECD Economic Survey of China examines recent economic developments, policies and prospects. The special chapters cover boosting firm performance and entrepreneurship; enhancing inclusiveness.
The Beijing Consensus
Author | : Weitseng Chen |
Publsiher | : Cambridge University Press |
Total Pages | : 367 |
Release | : 2017-04-27 |
Genre | : Business & Economics |
ISBN | : 9781107138438 |
Download The Beijing Consensus Book in PDF, Epub and Kindle
A collection of essays exploring whether a distinctive Chinese model for law and economic development exists.
Urban China
Author | : World Bank |
Publsiher | : World Bank Publications |
Total Pages | : 583 |
Release | : 2014-07-29 |
Genre | : Business & Economics |
ISBN | : 9781464802065 |
Download Urban China Book in PDF, Epub and Kindle
In the last 30 years, China’s record economic growth lifted half a billion people out of poverty, with rapid urbanization providing abundant labor, cheap land, and good infrastructure. While China has avoided some of the common ills of urbanization, strains are showing as inefficient land development leads to urban sprawl and ghost towns, pollution threatens people’s health, and farmland and water resources are becoming scarce. With China’s urban population projected to rise to about one billion – or close to 70 percent of the country’s population – by 2030, China’s leaders are seeking a more coordinated urbanization process. Urban China is a joint research report by a team from the World Bank and the Development Research Center of China’s State Council which was established to address the challenges and opportunities of urbanization in China and to help China forge a new model of urbanization. The report takes as its point of departure the conviction that China's urbanization can become more efficient, inclusive, and sustainable. However, it stresses that achieving this vision will require strong support from both government and the markets for policy reforms in a number of area. The report proposes six main areas for reform: first, amending land management institutions to foster more efficient land use, denser cities, modernized agriculture, and more equitable wealth distribution; second, adjusting the hukou household registration system to increase labor mobility and provide urban migrant workers equal access to a common standard of public services; third, placing urban finances on a more sustainable footing while fostering financial discipline among local governments; fourth, improving urban planning to enhance connectivity and encourage scale and agglomeration economies; fifth, reducing environmental pressures through more efficient resource management; and sixth, improving governance at the local level.