Weighed from two respects of theory and reality,China's rural public finance should be the hierarchical finance of the public product supply on the system,sloping type finance of financing funds on the system,democratic finance of decision system,legal finance of management system and reflecting the development-oriented finance of the rural social economic change.
However, an undeniable one is, since the reform of the system of tax allocation, with grass-roots political authority financial difficulty that follow it, local government expenditure arrange for and awkward, unable to make ends meet phenomenon but irrefutable fact, county township two local public product that cause because of financial difficulty supply with enoughly and grass-roots political authority turn round smooth problem, have already caused the extensive concerns of the political circles and educational circles.
We focus on the public good theory, client-agency theory, public theory, and institution variance theory. We proposal the system of the policy of the education, including the policy of running school, policy of quality, and policy of teacher.
Since the government plays a very important and unique role in the development of industrial agglomeration, the last section of chapter 2 figured that in general the government supported the industrial agglomeration in many ways, but the supporting mainly lay in the following four aspects: the supply of public products, the supply of institutions, the maintenance of market circumstance and the economics instructing.
Marco Ferroni, Ashoka Mody (eds.): International Public Goods.
Incentive mechanism design for public goods provision: Price cap regulation and optimal regulation
This paper studies the mechanism design that induces firms to provide public goods under two regulatory means: price cap regulation and optimal regulation, respectively.
By solving this problem, we get the two optimal regulatory mechanisms to induce the provision of public goods.
Further, by comparative statics, the conclusion is drawn that the welfare loss associated with price cap regulation, with respective to optimal regulation, increases more with increase of the expense of public goods.
Recent cases of the Supreme-Court involving wetlands and coastal property reveal the tensions that exist between sovereign power for the public good and the protection of individual property as a bulwark against arbitrary government.
ISLAMIC INSTITUTIONS AND PROPERTY RIGHTS: THE CASE OF THE 'PUBLIC GOOD' WAQF
The very existence of the UN structures as a tool for international agreement making can be considered as a global public good of an intermediate nature.
The emergence of coordination in public good games
A note on determinants of local government provision of an impure public good: The case of education