China by Lam, Raphael W.

Full Title: China: How Can Revenue Reforms Contribute To Inclusive And Sustainable Growth
Author/Editor(s): Raphael W Lam; Philippe Wingender
ISBN: 1475599013, 9781475599015
Publisher: International Monetary Fund
Published Place: Washington, D.C.
Published/Copyright Year: 2015
Language: English
Series: IMF Working Papers: Working Paper No. 15/66
IMF ELibrary
Number of pages: 1 online resource (30 pages)
Categories:
Fiscal Policy
Fiscal Reforms
General
Government Debt
Inclusive Growth
Social Security
Tax Reforms
Tax Revenues
Tax Systems
China
China, People'S Republic Of


Content:
Revenue reforms can contribute to more inclusive, green, and sustainable growth in China. Relative to OECD economies, fiscal policy in China is less redistributive. Options for promoting more inclusive growth include improving the progressivity of labor taxes (individual income tax and social security contributions), introducing a recurrent property tax, and finishing the transition to a comprehensive value-added tax. Higher environmental taxes, meanwhile, would promote more environment-friendly economy. These reforms could also significantly boost revenue, potentially by as much as 6½ percent of GDP. Such increases in revenue could help reduce the deficit, finance priority social and infrastructure spending, and offset cuts in other taxes. We illustrate how these revenue reforms could be part of a comprehensive fiscal package that achieves the needed consolidation in the (augmented) deficit and foster higher quality growth.

Electronic Resources:
http://hdl.library.upenn.edu/1017.12/1522010

ISBNPlus ID: UPE.BD102.21743-11-2208783
Form: Nonfiction
Released Date: 20151203

Download BiBTeX of this book (.bib)
@book{isbnplus9781475599015,
 title={China: How Can Revenue Reforms Contribute To Inclusive And Sustainable Growth},
 author={Raphael W Lam and Philippe Wingender},
 isbn={9781475599015},
 series={IMF Working Papers: Working Paper No. 15/66},
 url={http://isbnplus.org/9781475599015},
 year={2015},
 publisher={International Monetary Fund},
 address={Washington, D.C.}
}
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%0 Book
%T China: How Can Revenue Reforms Contribute To Inclusive And Sustainable Growth
%A Raphael W Lam
%A Philippe Wingender
%@ 9781475599015
%U http://isbnplus.org/9781475599015
%D 2015
%I International Monetary Fund
%C Washington, D.C.
Download 9781475599015.enw
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TY  - BOOK
T1  - China: How Can Revenue Reforms Contribute To Inclusive And Sustainable Growth
A1  - Raphael W Lam
A1  - Philippe Wingender
SN  - 9781475599015
T3  - IMF Working Papers: Working Paper No. 15/66
UR  - http://isbnplus.org/9781475599015
Y1  - 2015
PB  - International Monetary Fund
CY  - Washington, D.C.
ER  - 
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APA Style:
Lam, R.W. & Wingender, P. (2015). China: How Can Revenue Reforms Contribute To Inclusive And Sustainable Growth. Washington, D.C.: International Monetary Fund.

MLA Style:
Lam, Raphael W, and Philippe Wingender. China: How Can Revenue Reforms Contribute To Inclusive And Sustainable Growth. Washington, D.C.: International Monetary Fund, 2015. Print.

Chicago Style:
Lam, Raphael W, and Philippe Wingender. China: How Can Revenue Reforms Contribute To Inclusive And Sustainable Growth. Washington, D.C.: International Monetary Fund, 2015.