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Public Institution Reform in China from the Perspective of Fiscal Logic

Received: 9 July 2019     Accepted: 31 July 2019     Published: 13 August 2019
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Abstract

The differences between China and the western countries in political and economic systems also lead to the differences in fiscal functions, and public institutions in China is a representative example. Generally, public institutions in China are led by government departments and have strong dependence on fiscal funds, with an obvious official and civilian duality. Public institutions in China can be regarded as a unique financial phenomenon, which requires us to think about the reform of China’s public institution from the perspective of the fiscal logic. This paper constructs a fiscal logic model by integrating five influential fiscal paradigms in China, and systematically discusses the logical relations among such elements as public finance, public needs, human community, nation, public goods, public risks and fiscal risks. The human community is the logic starting point of the model, the human community generates public needs and forms nation. Public needs is the logical core of the model and the origin of public finance. The model enriches the connotation of public needs from the two aspects of affording public goods and preventing public risks, and shows the relationship between nation and public finance in China through national governance. According to the model, this paper analyzes the reform of public institutions in China from the two aspects of public needs and national governance. On the one hand, it emphasizes that the reform of public institutions should be based on public needs. The reform of public institutions should stick to the direction of public service. It presents the classification method of public institutions based on public risks, meanwhile it puts forward that the reform should avoid the monopoly risk of public service; On the other hand, the reform of public institutions should reflect national governance. We can better meet the goal of national governance by establishing multi-center public service mode, innovating fiscal supply mode and setting up capital concept.

Published in International Journal of Economic Behavior and Organization (Volume 7, Issue 2)
DOI 10.11648/j.ijebo.20190702.11
Page(s) 28-32
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2019. Published by Science Publishing Group

Keywords

Public Institutions, Fiscal Logic, Public Needs, Human Community, Public Goods, Public Risks, National Governance

References
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[4] Liu Shangxi. The Countermeasure of Constructing Institution Fiscal Security Mechanism [J]. Review of Economic Research, 2014, (71): 11-13.
[5] Li Junsheng. New Framework of Public Finance Theory: Based on Common Needs of the Society [J]. Finance & Trade Economics, 2012, (6): 10-14.
[6] Li Junsheng, Yao Dongmin. A preliminary study on the nature of Internet search service and its market supply mode -- based on the analysis of Neo-public Finance [J]. Management world, 2016 (8): 1-15.
[7] Liu Ye. From Materialism to Hum anism: The Transformation of the Logical Starting Point of Public Finance and the Reconstruction of Paradigm On the Innovation of Socialist Fiscal Theory with Chinese Characteristics in the New Era [J]. Finance research, 2018, (8): 40-49.
[8] Wang Yongjun, Qiao Yanjun. Collective Goods, Fiscal Field and New Synthesis of Fiscal Knowledge System [J]. fiscal research, 2017, (1): 18-27.
[9] Liu Shangxi. On Public Risk [J]. Fiscal Research, 1999, (9): 12-19.
[10] Gao Peiyong. Theory of Chinese Fiscal Innovation: From "Basic and Pillar" [J]. Management World, 2015, (12): 4-11.
[11] Qi Shouyin. Discrimination and Analysis of Some Basic Theoretical Problems in Finance with Chinese Characteristics [J]. Financial Research, 2018, (8): 29-39.
[12] Li Junsheng. Neo-public Finance: A Paradigm for Enhancing Explanatory and Predictive Power [J]. Journal of central university of finance and economics, 2017, (5): 3-11.
[13] Fang Shuanxi. We should Establish a New Idea in Administrative System Reform to Wholly Optimize the Public Sector [J]. Chinese Public Administration, 2011 (08): 18-21.
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  • APA Style

    Wei Fan. (2019). Public Institution Reform in China from the Perspective of Fiscal Logic. International Journal of Economic Behavior and Organization, 7(2), 28-32. https://doi.org/10.11648/j.ijebo.20190702.11

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    ACS Style

    Wei Fan. Public Institution Reform in China from the Perspective of Fiscal Logic. Int. J. Econ. Behav. Organ. 2019, 7(2), 28-32. doi: 10.11648/j.ijebo.20190702.11

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    AMA Style

    Wei Fan. Public Institution Reform in China from the Perspective of Fiscal Logic. Int J Econ Behav Organ. 2019;7(2):28-32. doi: 10.11648/j.ijebo.20190702.11

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  • @article{10.11648/j.ijebo.20190702.11,
      author = {Wei Fan},
      title = {Public Institution Reform in China from the Perspective of Fiscal Logic},
      journal = {International Journal of Economic Behavior and Organization},
      volume = {7},
      number = {2},
      pages = {28-32},
      doi = {10.11648/j.ijebo.20190702.11},
      url = {https://doi.org/10.11648/j.ijebo.20190702.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijebo.20190702.11},
      abstract = {The differences between China and the western countries in political and economic systems also lead to the differences in fiscal functions, and public institutions in China is a representative example. Generally, public institutions in China are led by government departments and have strong dependence on fiscal funds, with an obvious official and civilian duality. Public institutions in China can be regarded as a unique financial phenomenon, which requires us to think about the reform of China’s public institution from the perspective of the fiscal logic. This paper constructs a fiscal logic model by integrating five influential fiscal paradigms in China, and systematically discusses the logical relations among such elements as public finance, public needs, human community, nation, public goods, public risks and fiscal risks. The human community is the logic starting point of the model, the human community generates public needs and forms nation. Public needs is the logical core of the model and the origin of public finance. The model enriches the connotation of public needs from the two aspects of affording public goods and preventing public risks, and shows the relationship between nation and public finance in China through national governance. According to the model, this paper analyzes the reform of public institutions in China from the two aspects of public needs and national governance. On the one hand, it emphasizes that the reform of public institutions should be based on public needs. The reform of public institutions should stick to the direction of public service. It presents the classification method of public institutions based on public risks, meanwhile it puts forward that the reform should avoid the monopoly risk of public service; On the other hand, the reform of public institutions should reflect national governance. We can better meet the goal of national governance by establishing multi-center public service mode, innovating fiscal supply mode and setting up capital concept.},
     year = {2019}
    }
    

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    AB  - The differences between China and the western countries in political and economic systems also lead to the differences in fiscal functions, and public institutions in China is a representative example. Generally, public institutions in China are led by government departments and have strong dependence on fiscal funds, with an obvious official and civilian duality. Public institutions in China can be regarded as a unique financial phenomenon, which requires us to think about the reform of China’s public institution from the perspective of the fiscal logic. This paper constructs a fiscal logic model by integrating five influential fiscal paradigms in China, and systematically discusses the logical relations among such elements as public finance, public needs, human community, nation, public goods, public risks and fiscal risks. The human community is the logic starting point of the model, the human community generates public needs and forms nation. Public needs is the logical core of the model and the origin of public finance. The model enriches the connotation of public needs from the two aspects of affording public goods and preventing public risks, and shows the relationship between nation and public finance in China through national governance. According to the model, this paper analyzes the reform of public institutions in China from the two aspects of public needs and national governance. On the one hand, it emphasizes that the reform of public institutions should be based on public needs. The reform of public institutions should stick to the direction of public service. It presents the classification method of public institutions based on public risks, meanwhile it puts forward that the reform should avoid the monopoly risk of public service; On the other hand, the reform of public institutions should reflect national governance. We can better meet the goal of national governance by establishing multi-center public service mode, innovating fiscal supply mode and setting up capital concept.
    VL  - 7
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Author Information
  • Department of Finance and Taxation, Central University of Finance and Economics, Beijing, China

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