Title

Incentive Policies And China'S Economic Development: Change And Challenge

Abstract

Incentive policies have been emphasized by many governments as one of the major policy tools to promote economic development in their societies. For this paper I have examined the application of incentive policies in China to improve economic performance during China's reform years. In the paper are theoretical reviews about various types of incentive policies and different arguments about their effects. The development of Chinese incentive policies is introduced and analysis of their achievements in improving economic growth and attracting foreign investment is presented. Challenging issues of incentive policies have been related to concerns about effectiveness and equity, accountability and transparency, as well as economic upgrade and balance. Implications of the Chinese development experience are provided for future study of incentive policies. © 2012 by PrAcademics Press.

Publication Date

1-1-2012

Publication Title

Journal of Public Budgeting, Accounting and Financial Management

Volume

24

Issue

1

Number of Pages

114-135

Document Type

Review

Personal Identifier

scopus

DOI Link

https://doi.org/10.1108/JPBAFM-24-01-2012-B006

Socpus ID

84930190668 (Scopus)

Source API URL

https://api.elsevier.com/content/abstract/scopus_id/84930190668

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