China's Fiscal Policy: Discretionary Approaches and Operation Design

As an important macroeconomic variant, the fiscal revenue and expenditure can influence the operation of the whole economic and social activities by changing the existing GDP distribution pattern, affecting the consumption and investment of enterprises and people, etc. Thus, fiscal policy has always been a primary instrument of macroeconomic regulation.

This book imports fiscal policy into the framework of macroeconomic analysis and through the analysis of the former, it unfolds the major c...