Comment
Professor Stein Kuhnle with a comment in China Daily
Professor Stein Kuhnle has a comment titled "The dilemma of more taxes for better welfare" on print in China Daily's edition on March 2nd.
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Published: 02.03.2016
- Public social spending as a proportion of GDP in China today is low compared to Japan and very low compared to developed market economies in the West.
As such, social expenditures are very likely to increase, and this should not be seen as a brake on economic development, rather the contrary, writes Professor Kuhnle.