Title: The Existent Situation of Credit of the Local Governments and their Strategic Options under the Rules of WTO
Abstract: Due to the lack of democracy and administrative conceptions, the dislocation, overstepping and omission of the government functions, and the asymmetry of information between the public and Government, the credit of the local governments met with a severe challenge after China's entry into WTO. Under such circumstances, the functions of the governments should be transformed to build a government of limitation and that of service; the procedures of administrative work should be standardized and consummated; the publicity of the government affairs should be popularized and perfected and the evaluation system of the governments' credit should be set up. The Government should develop a mechanism to punish those wanting for credit. All in all, we should establish a government of good faith to correspond with WTO rules and enhance the development of local economy.
Publication Year: 2004
Publication Date: 2004-01-01
Language: en
Type: article
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