Abstract:China’s economic growth miracle is a theoretical proposition that needs to be explained。Reasonably explain the logical paradox between local fiscal non-standard behavior and the compatibility of central and local incentives,Is the key to deeply understanding the logic of China’s economic reform。Based on the characteristic fact that local independent financial resources rely on non-standard fiscal revenue for a long time,An bet365 apuestas analysis framework including the dual behavioral perspectives of central and local governments,Can explain the long-standing implicit decentralization contract with non-standard income as the carrier in the reform process,Characterizing the institutional space and dynamic process of central and local fiscal interaction under the behavioral motivations of central fiscal tolerance and local fiscal autonomy,clarification of non-standard income、The logical consistency between the compatibility of central and local incentives and economic growth and market-oriented reforms。Under the analytical framework of bet365 apuestas,Non-standard income generally endogenous to China’s industrialization and urbanization process,Not only makes up for the local power under the formal budget system、Misfit between expenditure responsibilities and financial resources,And while ensuring the smooth operation of the system, it also achieves incentive compatibility between local behavior and economic growth goals。bet365 apuestas analysis framework,Taking into account local vitality and central control capabilities,It is an important institutional logic that enables China to balance the dual goals of rapid economic growth and market-oriented reform。
Keywords:bet365 apuestasIncentive compatibility Relationship between central and bet365 apuestas governmentsbet365 apuestas decentralizationbet365 apuestas
AuthorLu Wei,Professor, Institute of bet365 apuestas and Social Development, Dongbei University of Finance and Economics;Wang Weitong,Researcher, Institute of bet365 apuestas and Social Development, Dongbei University of Finance and Economics。(Dalian 116025)
Friendly links: Official website of Chinese Academy of bet365 apuestas |
Website registration number: Beijing Public Network Security bet365 apuestas. 11010502030146 Ministry of Industry and Information Technology: Beijing ICP bet365 apuestas. 11013869
All rights reserved by China bet365 apuestas Magazine. No reproduction or use without permission is allowed
Chief editor’s email: zzszbj@126.com Contact information of this website: 010-85886809 Address: Floor 11-12, Building 1, bet365 apuestas. 15 Guanghua Road, Chaoyang District, Beijing Postal Code: 100026
>