Research On Intergovernmental Fiscal Transfer Payment System

China in 1994 after the implementation of the tax sharing system, in 1995 to develop a "transitional financial transfer payment approach", established a fairly standard transfer payment system, China’s inter-governmental fiscal transfer payment system gradually established and perfected. Intergovernmental fiscal transfer payment system, as an important part of the financial system since the implementation in strengthening the central government’s macro-control ability, adjust the imbalance between the longitudinal direction between the central and local governments and regional horizontal fiscal imbalances, promoting economic and social underdeveloped areas development, to solve the public goods provided by external problems and implement the central government’s policy intent has played an extremely important role.Although intergovernmental fiscal transfer payment system has played a significant role in the implementation process, but with the economic and social development, inter-governmental fiscal transfer payment system similar storm drain some problems, mainly in the size and structure, in transfer payments on the scale are:financial transfer payment on the small overall size; larger amounts of special transfer payments, and general transfer payments smaller; there is no unified coordination mechanism between different types of transfer payment. In the structure are:intergovernmental fiscal transfer payments increased range, complex mechanism, based on three categories of division, there was a more detailed classification, affecting the efficiency of the play; a vested interest in the presence of rigid, structural optimization difficult. In addition to these problems, there exists imperfect related measures, inter-provincial fiscal transfer payment also exists a lot of problems. These problems make the financial transfer payment system had a certain influence in promoting regional financial equalization, the equalization of basic public services and so on, so it is necessary to strengthen the study of inter-governmental fiscal transfers."CPC Central Committee on deepening reform of the overall number of major issues," the Chinese Communist Party Central Committee eighteenth third plenary session clearly stated the need to deepen fiscal and tax reform, improve the mechanism of growth of general transfer payments in November 2013, Key increase transfer payments for old revolutionary areas, ethnic minority areas, border areas and poor areas. The central government introduced incremental policy formation local financial gap, in principle, be adjusted by the general line of transfer payments. Cleaning, integrate, standardize special transfer payments, competitive fields phasing projects and local matching funds, strictly control the bootstrap class, class relief, emergency class projects, a special screening of the reservation, is the local affairs of general transfer payments included. [Excerpt from "the CPC Central Committee decision on deepening reform of the overall number of major issues"] and therefore the transfer payment system studies not only of great theoretical significance, also has profound practical significance. Through the study of intergovernmental fiscal transfer payments, analyze its mechanism of action, we found the problems during operation, according to the problem and then propose appropriate measures and countermeasures to solve the major research ideas.The following text is divided into several parts, the first chapter is the meaning mainly introduces the background, topics, and the theoretical study and the results of a review on the transfer of payments abroad; The second chapter is about the inter-governmental fiscal transfer payment system The theories and concepts introduced, mainly analyzes the transfer meaning inevitability payments, transfer type payments, branch target payments, inter-governmental fiscal transfer payment and Economic Effects of the implementation of transfer payments. The third chapter through the data collected on the policy effects of intergovernmental fiscal transfer payment empirical analysis, analysis of its effectiveness since the implementation of equalization, the effectiveness demonstrated by quantitative analysis of inter-governmental fiscal transfer payment and later perfected in the direction of reform; The fourth chapter is to introduce the issue of intergovernmental fiscal transfer payment history and current situation of the system, and the presence of existing inter-governmental fiscal transfer payment in the country; the fifth chapter is introduced by the Western developed countries, inter-governmental fiscal transfer payment, Drawing on its success and merit. The sixth chapter is about improving China’s inter-governmental fiscal transfer payment system of some of the principles, measures and policies.