Fiscal decentralization is a crucial factor of the system of finance and tax.
财政分权是财税体制的关键。
Fiscal decentralization has been a popular policy in the world during the past decade.
近十年来，财政分权已经成为一个流行政策。
The relationship between fiscal decentralization and economic growth has received more attention.
财政分权与经济增长的关系也日益引起人们的关注。
First is the shock from the worldwide fiscal power decentralization.
首先是世界范围内财政分权化的冲击。
First is the shock from the worldwide fiscal power decentralization.
首先是世界范围内财政分权化的冲击。
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