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20 results

Coercion and Social Welfare in Public Finance
  • Coercion and Social Welfare in Public Finance
  • Economic and Political Perspectives
  • Edited by Jorge Martinez-Vazquez, Stanley L. Winer
  • Published online: 05 July 2014
  • Print publication: 22 May 2014
  • View description
    Although coercion is a fundamental and unavoidable part of our social lives, economists have not offered an integrated analysis of its role in the public economy. The essays in this book focus on coercion arising from the operation of the fiscal system, a major part of the public sector. Collective choices on fiscal matters emerge from and have all the essential characteristics of social interaction, including the necessity to force unwanted actions on some citizens. This was recognized in an older tradition in public finance which can still serve as a starting point for modern work. The contributors to the volume recognize this tradition, but add to it by using contemporary frameworks to study a set of related issues concerning fiscal coercion and economic welfare. These issues range from the compatibility of an open access society with the original Wicksellian vision to the productivity of coercion in experimental games.
  • 6 - Fiscal Federalism and Economic Reform in China
    • By Roy Bahl, Dean and Professor of Economics, Andrew Young School of Policy Studies, Georgia State University, Jorge Martinez-Vazquez, Professor of Economics and Director of International Studies Program, Andrew Young School of Policy Studies, Georgia State University
  • Edited by Jessica Wallack, University of California, San Diego, T. N. Srinivasan, Yale University, Connecticut
  • Book: Federalism and Economic Reform
  • Published online: 25 July 2009
  • Print publication: 09 January 2006, pp 249-300
  • View extract

    Summary

    INTRODUCTION

    Because of history, size, and economic potential China is a force to reckon with. It is a nation of 9.6 million square kilometers populated by 1.26 billion people with a varied geography: Traveling from west to east (Figure 6.1) one starts with the vast dry areas, moves to the mountains, valleys, and higher altitudes of the center, and ends up in the more temperate coastal regions, which have more rain, lower altitudes, and better communication and transportation systems. A main theme of this chapter is that, in great part owing to geography, but also owing to overt government policies, wealth and economic well-being tend to increase monotonically from west to east. That reality significantly conditions the past, present, and future of fiscal federalism in China.

    A standard grouping of China's provinces is used in Table 6.1 to describe the economic geography. The Northern Region includes the large and rich cities of Beijing and Tianjin. These two cities, together with Shanghai in the Eastern Region and Chongqing in the Southwest Region, are granted provincial status, much as is the case for Moscow and St. Petersburg in Russia. The Northern Region also contains the relatively poor province of Inner Mongolia. The Northeast Region, also known as Manchuria, contains several relatively rich provinces with a long tradition of manufacturing dating back to Japan's occupation of this area in the first part of the twentieth century.