Theoretical Conception and Governance Logic of China's Horizontal Transfer Payment System with Chinese Characteristics
From the strategic level of national governance,this paper discusses the endogenous governance logic of horizontal transfer payment with Chinese characteristics and its important role in the fiscal system.In the context of the current tightening fiscal balance,the high dependence of local governments on vertical transfer payments may lead to the distortion of budgetary behavior and is not conducive to the coordinated development between regions.As a financial allocation mechanism between local governments,the horizontal transfer payment is not only an effective tool for cross-regional resource allocation but also a strategic measure to promote the efficiency of national governance.Through this mechanism,under the framework of clear powers and expenditure responsibilities,local governments can optimize regional resource sharing and cooperation,enhance the capacity of public service supply,promote complementary advantages and coordinated development among regions,and provide strong institutional support for the realization of the goal of common prosperity.This paper further distinguishes the relationship between pairing assistant and horizontal transfer payment and reveals the differences in governance logic and functional orientation of the two.Although pairing assistant is a kind of non-institutionalized financial behavior,its experience in project-based operation,flexibility according to local conditions,and cross-regional coordination provide a reference for the institutional design of horizontal transfer payment.This paper also discusses the system design and expected transmission path of horizontal transfer payment,pointing out that it can not only stimulate the subjective initiative of local governments through endogenous mechanisms,promote the coordinated development of regions,but also play an important role in the reasonable allocation of financial resources and the improvement of governance efficiency.Finally,combined with the course of our country's economic system reform,the paper puts forward further thinking on the construction of a horizontal transfer payment system,especially in the formation of financial resource scheduling,inter-regional cooperation,and national unified large market and emphasizes the long-term and flexibility of institutionalization construction.
National GovernanceDevelopment CoordinationHorizontal Transfer PaymentPairing AssistanceSpatial public finance
万方数据
维普
