Studay Of Decision-making Process For Regional Fiscal Projects

Since the reform and opening up to the outside world, government investment in the market allocation of resources, project approval, macro control were many reforms, and puts forward the corresponding decision-making mechanism, financing mechanism and government investment to achieve the reform of the way. But due to the fact that the government investment projects is not to obtain economic benefits as the fundamental starting point, market regulation cannot direct role in government investment projects, in project decision making process will be a lot of their own and external factors influence, resulting in project decision-making failures and mistakes rate is high, low efficiency of management, to the country caused enormous waste.In order to solve this problem, this paper starts from the Fengxian District government investment project preparation and implementation, through the analysis of government investment project data in recent 5 years, citing the Fengxian District, a series of reform of how to optimize the decision-making process of government investment projects.The first part is the introduction, this part begins with an analysis of the background and significance of the topic, to the domestic and foreign government investment project decision were comprehensive introduction and comment briefly, points out the main content, structure arrangement and the research purpose and method, described the research and innovation innovation and insufficient.The second part is the overview of government investment projects and government investment project decision, introduced the concept, the characteristic and the classification of government investment projects and government investment projects decision; also to the government investment project decision was summarized in this paper. Introduces the procedure of government investment project decision.The third part is an overview of the theory research on the decision-making process of government investment projects. Including Pareto optimality theory, public choice theoryand the principal-agent theory.The fourth part is through the analysis of the data from 2011 to 2015 the Fengxian District government investment project, the relevant problems of government investment project decision-making in the in-depth analysis of research. Lists the reform made by Fengxian District optimization of government investment projects, analyzes its achievements.The fifth part is to elaborate how to optimize and improve the government investment project decision-making procedure is presented in need to improve local government investment project funding arrangement, the expansion of local government investment project decision-making process in third party participation, establish the supervision system of government investment project decision, the establishment of government investment project decision evaluation and responsibility investigation system.