Handbook of Public Finance in China

This unique Handbook provides an essential overview of public finance in China, investigating the nation's fiscal and economic reforms since 1978 and the subsequent period of rapid development known as the 'China miracle'. Leading scholars examine the core issues, historical trajectories and future prospects of fiscal reforms. Establishing a fundamental framework of Chinese public finance, this Handbook analyses three key areas of study: objectives, organization and governance. Contributors engage with both normative questions and positive analysis, covering key topics such as institution building and evolution, efficacy of revenues and spending, fiscal sustainability risks and emerging challenges and responses. They emphasise the interdisciplinary nature of public finance inquiry, addressing a wide range of fiscal issues, including the development of the electric vehicle industry, public debts, court finance centralization and performance budgeting initiatives. This Handbook is a necessary resource for scholars and students of development economics, public policy, political science, Asian studies, and international political economy. Analysts in financial consultancies, think tanks, NGOs and international organizations will also benefit from this Handbook's illuminating perspectives.