Fiscal Policy in China (1949-2019)

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Fiscal Policy in China (1949-2019)

Macroeconomics Public finance and taxation

Author: Yang Zhiyong

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Collection: China Perspectives

Language: English

Published by: Routledge

Published on: 19th August 2025

Format: LCP-protected ePub

ISBN: 9781040371138


Overview

This book offers a comprehensive analysis of the evolution of China's fiscal policy since 1949. It provides an in-depth understanding of the contextual factors that shape its implementation and examines the transition logic between planned fiscal policy and market-oriented fiscal approaches.

Historical Phases

The author introduces fiscal policy focused on national economic recovery (1949-1952), planned fiscal policy (1953-1977), fiscal policy adapted to economic transition (1978-2011), and fiscal policy in the new era (2012-present).

Central Theme and Principles

With "fiscal balance" as the central theme, he summarizes the fundamental principles and key dynamics underpinning China's fiscal policy and presents a clear framework for understanding the evolution and strategic rationale behind the country's approach to fiscal governance.

Target Audience

The title will appeal to scholars of Chinese economy, comparative economics, public finance, and macroeconomics.

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