The Chinese Economy in Crisis: State Capacity and Tax Reform

by Shaoguang Wang and Angang Hu

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The authors of this work argue strongly that the decentralization that has taken place in China over the past two decades threatens to undermine the future of reform and perhaps even the state itself. They contend that reform has undermined state capacity in China, and that the state's fiscal revenues, as a percentage of GNP, have declined and will continue to decline into the foreseeable future, thereby weakening China's ability to mobilize resources for modernization.
  • ISBN10 0765607654
  • ISBN13 9780765607652
  • Publish Date 31 May 2001
  • Publish Status Active
  • Publish Country GB
  • Publisher Taylor & Francis Ltd
  • Imprint Routledge
  • Format Hardcover
  • Pages 296
  • Language English