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Price Reform and Fiscal Reform During China’s Economic Transition:Debate and Prospect
Pages: 31-43
Year: Issue:  2
Journal: Finance & Trade Economics

Keyword:  Price Reform and Fiscal ReformEconomic TransitionAcademic Debate;
Abstract: During China’s economic transition,the price reform and fiscal reform are the core of whole economic system reform,are the key to promote rapid economic development,and also to establish a realistic basis of reform.Through the signaling function and income redistribute function;the central government built an effective motivates mechanism,revitalizing the economy market members,to promote rapid economic development.Because the success of economic transition, many studies mentioned we should learn from the experience to solve the current economic development issues.This paper reviews the history and debate of the economic transition,the reform was obvious gradualism and partialism.After the initial success,the incompatibilities between various reform policies have accumulated a lot of unresolved problems,increasing the difficulty of deepening reform.In future,we should establish the overall reform strategy,establish and improve the socialist market economy mechanism.
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