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学术报告:财政联邦制和软预算约束??来自中国的案例（地点更改）
2011-05-30
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报告主题：财政联邦制和软预算约束——来自中国的案例
Fiscal Federalism and Soft Budget Constraints-The Case of China* 报 告 人：王慧玲 Lynette Ong(加拿大多伦多大学助理教授) 时 间：2011年6月9日14:30 主 持 人：何广文教授
工作语言：英语/中文 地 点：经管学院行政楼二层207会议室 主办单位：经济管理学院
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王慧玲 Lynette Ong(加拿大多伦多大学助理教授)：
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Lynette Ong (王慧玲）is Assistant Professor at the Asian Institute, Munk Center for Global Affairs, the University of Toronto. She was An Wang postdoctoral fellow at HarvardUniversity in 2008-09. She received her PhD from the AustralianNationalUniversity. Her book on rural political economy of credit and fiscal systems is forthcoming at Cornell University Press. Her articles have appeared in* Comparative Politics, China Quarterly, Pacific Affairs*, among other publications. |
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专题介绍：
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Fiscal Federalism and Soft Budget Constraints-The Case of China
China has been held up as a modern-day exemplar of “market-preserving federalism”. This study challenges this popular belief by showing that its local governments face soft budget constraints. Fiscal indiscipline among subnational governments, which risks national indebtedness and macroeconomic instability, can pose serious dangers to federations. A large body of literature which proposes solutions to fiscal indiscipline through electoral incentives and political party structure cannot be applied to China. The Chinese Communist Party’s cadre evaluation and dual accountability systems make it an imperative for local officials to augment fiscal revenue and allow them to tap resources at local credit institutions. This resulted in mounting local government debt, the lion’s share of which is unrepaid loans owed to local credit institutions. To harden budget constraints, political institutions need to be reconfigured to allow the central government to more effectively holds local authorities accountable for resources deployed in achieving their job performance targets. |
