000 04137nam a22005055i 4500
003 DE-He213
005 20151013141914.0
007 cr nn 008mamaa
008 141120s2015 gw | s |||| 0|eng d
020 _a9783319100494
_9978-3-319-10049-4
024 7 _a10.1007/978-3-319-10049-4
_2doi
050 4 _aHD72-88
072 7 _aKCM
_2bicssc
072 7 _aBUS092000
_2bisacsh
082 0 4 _a338.9
_223
100 1 _aHou, Yilin.
_eauthor.
245 1 4 _aThe Property Tax in China
_h[electronic resource] :
_bHistory, Pilots, and Prospects /
_cby Yilin Hou, Qiang Ren, Ping Zhang.
260 1 _aCham :
_bSpringer International Publishing :
_bImprint: Springer,
_c2015.
300 _aXVII, 186 p. 39 illus. in color.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aDevelopment and Governance ;
_v1
505 0 _a1. Introduction -- 2. Three Stages Of China’s Financial Reforms -- 3. Transition Of Local Revenue Systems -- 4. Real Property Tax For Chinese Local Governments -- 5. Creating LPT As An Institution: Policy Process In China -- 6. Roots Of The Real Property Tax In Chinese History -- 7. Design Features Of The LPT Pilots -- 8. Progress Of LPT In Two Pilot Cities -- 9. Public Feedback – Survey And Public Media Findings -- 10. Simulation -- 11. Towards Local Property Tax As An Institution -- References -- Appendices.
520 _aThis monograph offers a detailed analysis of the creation, pilot implementation, and possible wide adoption of the real property tax at the local level in China. Starting in 2003, as China’s economy gradually recovered from the Asian financial crisis that started in 1998, the real property market entered a period of rapid expansion, followed immediately by rampant speculation, rising housing costs, and official corruption. Over the last ten years, the price of real property in most cities has more than tripled, especially in metropolitan areas. In an effort to curb this, the government has instituted a number of property-market controls, including property tax pilot programs in Shanghai and Chongqing. While this is the latest of a number of fiscal reforms, it is a very important one that carries with it the ability to change the landscape of public finance, intergovernmental relations, and local governance in China. It represents a fundamental change in the provision of public services, the relationship between local governments and tax payers, and the status of localities in the government structure. Taking a public choice perspective, the authors argue that the local property tax should be used not solely as a means of controlling housing prices but should be fully employed as a fiscal and budgetary institution that will contribute to mitigating multifarious socio-economic problems resulting from economic growth, rapid urbanization, and widening income disparity. As this program is the first of its kind, so this book is the first detailed study of property tax in China; as such, it will appeal to researchers of public finance and public policy. It will also be of great interest to policymakers in China and in other countries that are considering adopting or reforming their versions of the local property tax. It fills the gap in a growing body of literature about the inner workings of Chinese economics and policy.
650 0 _aEconomics.
650 0 _aDevelopment Economics.
650 0 _aEconomic policy.
650 0 _aFinance.
650 1 4 _aEconomics/Management Science.
650 2 4 _aDevelopment Economics.
650 2 4 _aEconomic Policy.
650 2 4 _aPublic Finance & Economics.
700 1 _aRen, Qiang.
_eauthor.
700 1 _aZhang, Ping.
_eauthor.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9783319100487
830 0 _aDevelopment and Governance ;
_v1
856 4 0 _uhttp://dx.doi.org/10.1007/978-3-319-10049-4
912 _aZDB-2-SBE
942 _2ddc
_cEBOOK
999 _c3111
_d3111