Executive summary
Introduction(Brief explanation of the report)
The project topic : Researching city government's welfare limitations and solutions.
The reason of choosing this topic
General way : Central government make policy ⇒ Localgovernment execute the policy.
Problems : The localgovernment have no enough ability to proceed the poli
This is a Model that is attached to differentiated principle
and competitions between Central and LocalGovernments
(1) Administrative Decentralization System
: Financial decentralization Role Sharing system is not distinct
(2) Cooperative Decentralization System
: This is a system emphasizing the Importance of Financial
of increased commercial surplus. During the financial crisis trading assets increased by 11 percent because of the Groups Consolidation of 5 Constant Net Asset Value. Trading assets fell by 6 per cent, primarily due to a decrease in the level of reverse repos, particularly in Europe and North America, and a reduction in holdings of short-dated government securities in Hong Kong after the crisis.
of Japan lowers the interest rate at 1%. In 1997, as financial crisis in East-Asia was broadening, Yen carry assets were paid off. In addition, The sharp increase in foreign bank assets in 1997 and 1998 is accounted for by the increase in “bills bought.” The Japan premium ruling at the time meant that non-Japanese banks had a considerable pricing advantage over local Japanese rivals, and mana
- economic development strategies
- Culture and education;
- Urban and rural development and construction;
- Finance and taxation;
- Civil administration;
- Social security and public order;
- Medical and health affairs
Provincial level
- include Provincial, Autonomous Region and Municipal Governments: the highest levels oflocalgovernment.
- In 1996, 31 provincial-level admi