Economic activity bounced back in Q1 2023 with the removal of mobility restrictions and a surge in spending on services, but growth momentum has slowed since April. GDP expanded by 4.5 percent y/y in the...
The objective of capital budgeting institutions and practices is to ensure linkages between key policy objectives and actual budget resource allocation related to public investments.The report serves to...
Budget transparency has the potential to lead to greater fiscal credibility and performance aswell as cheaper credit, improved allocations of resources for better provision of public services;while limiting...
The Chinese Academy of Governance and the World Bank jointly organized a high-level workshop on how public governance reforms can improve government performance and strengthen citizens’ trust in government...
China's external liberalization has been experimental and gradual, making it evolutionary rather than revolutionary. The empirical approach has allowed China to draw lessons from experiments, and subsequently...