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- W2381286651 abstract "Its the local government' s lack of policy execution that has seriously hindered the healthy development of affordable housing.This paper uses the principal-agent theory to analysis the deep-seated reasons about the lack of policy execution.There are four main reasons.Firstly,there are difference in goal or interests between the central and local.Secondly,the fiscal centralization system is not perfect.Thirdly,the information communication mechanism is not perfect.Finally the supervision and restriction mechanism is not perfect.Research shows that improving the executive ability of the policy can not simply rely on the increase of local government supervision and punishment.But to strengthen the integration of the interests of the central and local,to improve information communication mechanism among governments,to perfect mechanism of incentive and supervision mechanism." @default.
- W2381286651 created "2016-06-24" @default.
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- W2381286651 date "2014-01-01" @default.
- W2381286651 modified "2023-09-24" @default.
- W2381286651 title "An Analysis on Lack of Affordable Housing Policy Implementation of the Local Government from the View of Principal-agent Theory" @default.
- W2381286651 hasPublicationYear "2014" @default.
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