Budget reform in China: Progress and prospects in the Xi Jinping era [electronic resource] / Christine Wong

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Wong, Christine

Material type: Article

ArticlePublication details: Paris : OECD Publishing, 2016.Description: 10 p. ; 21 x 28cmSubject(s):

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In: OECD Journal on Budgeting Vol. 15, no. 3, p. 27-36Abstract: Fiscal reforms were central to the comprehensive programme of reforms announced at the Third Plenum of the 18th Party Congress in November 2013, during the first year of the Xi Jinping administration. One of the significant reforms on focus is public financial management (PFM). The urgency of PFM reform can be traced, paradoxically, to the extraordinary growth experienced by the Chinese economy during the first decade of this century, when easy money and weak accountability gave rise to unprecedented waste, corruption, and a mountain of local government debt.

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Item type	Home library	Collection	Call number	Status	Date due	Barcode	Item holds
Working Paper	Biblioteca Digital	Colección OECD	OECD budget-15-5jm0zbtm3pzn (Browse shelf(Opens below))	Not For Loan

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Fiscal reforms were central to the comprehensive programme of reforms announced at the Third Plenum of the 18th Party Congress in November 2013, during the first year of the Xi Jinping administration. One of the significant reforms on focus is public financial management (PFM). The urgency of PFM reform can be traced, paradoxically, to the extraordinary growth experienced by the Chinese economy during the first decade of this century, when easy money and weak accountability gave rise to unprecedented waste, corruption, and a mountain of local government debt.

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