LEADER 04834nam 22006615 450 001 9910298502103321 005 20200920154330.0 010 $a3-319-10049-1 024 7 $a10.1007/978-3-319-10049-4 035 $a(CKB)3710000000291486 035 $a(EBL)1967750 035 $a(OCoLC)896824703 035 $a(SSID)ssj0001385941 035 $a(PQKBManifestationID)11883977 035 $a(PQKBTitleCode)TC0001385941 035 $a(PQKBWorkID)11350913 035 $a(PQKB)10258605 035 $a(DE-He213)978-3-319-10049-4 035 $a(MiAaPQ)EBC1967750 035 $a(PPN)18309400X 035 $a(EXLCZ)993710000000291486 100 $a20141120d2015 u| 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe Property Tax in China $eHistory, Pilots, and Prospects /$fby Yilin Hou, Qiang Ren, Ping Zhang 205 $a1st ed. 2015. 210 1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2015. 215 $a1 online resource (193 p.) 225 1 $aDevelopment and Governance,$x2567-5133 ;$v1 300 $aDescription based upon print version of record. 311 $a3-319-10048-3 320 $aIncludes bibliographical references. 327 $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. 330 $aThis monograph offers a detailed analysis of the creation, pilot implementation, and possible wide adoption of the real property tax at the local level in China. Starting in 2003, as China?s economy gradually recovered from the Asian financial crisis that started in 1998, the real property market entered a period of rapid expansion, followed immediately by rampant speculation, rising housing costs, and official corruption. Over the last ten years, the price of real property in most cities has more than tripled, especially in metropolitan areas. In an effort to curb this, the government has instituted a number of property-market controls, including property tax pilot programs in Shanghai and Chongqing. While this is the latest of a number of fiscal reforms, it is a very important one that carries with it the ability to change the landscape of public finance, intergovernmental relations, and local governance in China. It represents a fundamental change in the provision of public services, the relationship between local governments and tax payers, and the status of localities in the government structure. Taking a public choice perspective, the authors argue that the local property tax should be used not solely as a means of controlling housing prices but should be fully employed as a fiscal and budgetary institution that will contribute to mitigating multifarious socio-economic problems resulting from economic growth, rapid urbanization, and widening income disparity. As this program is the first of its kind, so this book is the first detailed study of property tax in China; as such, it will appeal to researchers of public finance and public policy. It will also be of great interest to policymakers in China and in other countries that are considering adopting or reforming their versions of the local property tax. It fills the gap in a growing body of literature about the inner workings of Chinese economics and policy. 410 0$aDevelopment and Governance,$x2567-5133 ;$v1 606 $aDevelopment economics 606 $aEconomic policy 606 $aFinance, Public 606 $aDevelopment Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W42000 606 $aEconomic Policy$3https://scigraph.springernature.com/ontologies/product-market-codes/W34010 606 $aPublic Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W34000 615 0$aDevelopment economics. 615 0$aEconomic policy. 615 0$aFinance, Public. 615 14$aDevelopment Economics. 615 24$aEconomic Policy. 615 24$aPublic Economics. 676 $a336.22 700 $aHou$b Yilin$4aut$4http://id.loc.gov/vocabulary/relators/aut$01059230 702 $aRen$b Qiang$4aut$4http://id.loc.gov/vocabulary/relators/aut 702 $aZhang$b Ping$4aut$4http://id.loc.gov/vocabulary/relators/aut 906 $aBOOK 912 $a9910298502103321 996 $aThe Property Tax in China$92504710 997 $aUNINA