Wong, Christine2014-02-182014-02-182012-09https://hdl.handle.net/10986/17083Amidst all the hoopla about China's rise, it is useful to remember that China is a developing country whose transition to a market economy is not yet complete, with institution building still underway. The uneven pace of progress is reflected in the state of its public sector, but in some respects, China s public sector looks formidable. Most often mentioned is the government s treasure chest of US$3 trillion in foreign reserves. Even more enviable, government revenues have grown at annual rates of over 20 percent for a decade (China statistics 2011), fuelling a steep fiscal expansion at a time when so many countries are being forced to undergo painful consolidations. The government s reputation was further burnished in the post-Lehman global financial crisis, when, after a brief, though sharp, downturn in 2008, China became the first major economy to return to robust growth, propelled by a stimulus program that was, in relative terms, by far the biggest in the world. The bold stimulus and quick economic recovery seemed to show off an effective public sector able to implement national policies swiftly.en-USCC BY 3.0 IGOABUSESACCOUNTABILITYACCOUNTABILITY MEASURESACCOUNTINGAGGREGATE FISCAL DISCIPLINEAPPROPRIATIONSAUDITINGAUDITORAUDITORSAUDITSAUTONOMOUS REGIONSBASIC EDUCATIONBENEFICIARIESBUDGET PROCESSBUDGETARY EXPENDITURESBUDGETINGCAPACITY BUILDINGCAPACITY CONSTRAINTSCENTRAL GOVERNMENTCENTRAL GOVERNMENT BUDGETCENTRAL MINISTRIESCENTRAL PLANNINGCITIESCIVIL SERVANTSCOMPLAINTCORRUPTIONCRIMINALDEVELOPING COUNTRIESDEVELOPING COUNTRYDEVELOPMENT BANKDISBURSEMENTDISTRICTDISTRICT-LEVELDISTRICTSECONOMIC DEVELOPMENTECONOMIC GROWTHECONOMIC RECOVERYEMPLOYMENTENFORCEMENT MECHANISMSEQUIPMENTEXCHANGE RATEEXPENDITUREEXPENDITURE ASSIGNMENTSEXPENDITURE MANAGEMENTEXPENDITURE MONITORINGEXPENDITURESEXPENDITURES ON EDUCATIONEXTRABUDGETARY FUNDSFINANCESFINANCIAL ANALYSISFINANCIAL CRISISFINANCIAL MANAGEMENTFISCAL DISCIPLINEFISCAL GAPSFISCAL REFORMFISCAL TRANSFERSFOREIGN DIRECT INVESTMENTGLOBAL ECONOMYGOVERNMENT AUDITINGGOVERNMENT DEBTSGOVERNMENT FINANCESGOVERNMENT OFFICIALGOVERNMENT OFFICIALSGOVERNMENT REVENUEGOVERNMENT REVENUESGROSS DOMESTIC PRODUCTIMMUNIZATIONINFORMATION SYSTEMINFORMATION SYSTEMSINSURANCEINVESTIGATIONSINVESTINGLAND POLICYLEADERSHIPLEVEL OF GOVERNMENTLEVIESLEVYLOCAL GOVERNMENTLOCAL GOVERNMENT EXPENDITURESLOCAL GOVERNMENTSMACROECONOMIC MANAGEMENTMACROECONOMIC TARGETSMALFEASANCEMANDATESMARKET ECONOMYMINISTERMINISTRY OF EDUCATIONMINISTRY OF FINANCEMUNICIPAL FINANCEMUNICIPAL GOVERNMENTSMUNICIPALITIESMUNICIPALITYNATIONAL BUDGETPENSIONPERFORMANCE APPRAISALPOLICY IMPLEMENTATIONPOLICY MAKERSPOLICY PRIORITIESPROCUREMENTPROVINCEPROVINCESPROVINCIAL CAPITALPROVINCIAL EXPENDITURESPUBLICPUBLIC EMPLOYEESPUBLIC EXPENDITUREPUBLIC EXPENDITURE MANAGEMENTPUBLIC EXPENDITURESPUBLIC FINANCEPUBLIC FINANCE SYSTEMPUBLIC FINANCESPUBLIC INVESTMENTPUBLIC POLICYPUBLIC RESOURCESPUBLIC SECTORPUBLIC SECTOR PERFORMANCEPUBLIC SERVICEPUBLIC SERVICE PROVISIONPUBLIC SERVICESPUBLIC SPENDINGRESERVESRETURNREVENUE ASSIGNMENTSREVENUE COLLECTIONREVENUE SHARINGROADSRURAL TOWNSHIPSSAVINGSSCANDALSSERVICE DELIVERYSOCIAL SAFETY NETSSOCIAL WELFARESTATE ASSETSSTOCK MARKETSTRUCTURE OF GOVERNMENTSUB-NATIONALSUB-NATIONAL FINANCESUBNATIONALSUBNATIONAL GOVERNMENTSUBNATIONAL GOVERNMENTSTAXTAX ADMINISTRATIONTAX BASESTAX POLICYTAX REVENUESTAXATIONTOWNSHIPSTREASURYURBANIZATIONUSER CHARGESWAGE RATES10.1596/17083