About this paper

The relationship between government and market is not only significant for the public finance theory, but also a long-term fiscal practice problem that troubled all countries. This paper uses the literature research method and regards the State View and Government View of the neo public finance theory as start points. Through reviewing, comparing and analyzing the history of the National Distribution school,the Anglo-Saxon school and the European Continent school literature development, we find that the National Distribution and Public Finance school hold a common view of state and government, which claimed the Government and Market Dualistic View; and the European Continent school considered the relationship between government and market as the main subject and platform of fiscal activities. Neo public finance learns from European Continent school and puts forward the Market Platform View. That could not only provide the theoretical basis for the government to formulate the fiscal policy which aims at giving full play to the decisive role of the market in the process of resource allocation, but also push the theoretical construction of the Chinese school a small step forward.

Reference

Li Junsheng, Yao Dongmin. Rebuilt the Relationship Between Government and Market—State View and Government View from Neo Public Finance Theory [J]. Financial Research, 2018.