Reconstruction of Rural Public Goods Supply Mechanism of China.docVIP

Reconstruction of Rural Public Goods Supply Mechanism of China Abstract Nowadays, there are still many problems facing China’s rural public goods supply, such as shortage of supply, imbalanced structure, and absence of efficient supervision on fund utilization and disturbance of supplier. To promote rural economy and social development and accelerate construction of new socialism countryside, the country should reconstruct its rural public goods supply system , establish urban-rural integrated public goods supply mechanism, build up a “Bottom to Top” rural public goods supply decision system, perfect supervision mechanism for rural public goods supply fund and achieve rural public goods investment’s diversification. Key words reconstruction rural public goods supply mechanism 1 Introduction To construct new socialism countryside is a heavy decision of our government. It is a long-term and systematic project and the rural public goods supply is its key factor. Now, our country’s rural public goods supply has many problems and seriously hindered the development of rural economy and improvement of farmers’ life quality and thus affected construction of new socialism countryside. Therefore, analyzing current problems of rural public goods supply and discussing how to reconstruct rural public products have a significant meaning. 2 Definitions of Rural Public Goods According to public economics, social products are divided into public goods and private goods. The former has been divided into pure public goods and quasi-public goods. The pure public goods are these social products having complete non-competition and non-excludability features. Non- competition means that an individual’s consumption on public goods will not hinder others’ consumption on public goods; non-excludability means that public goods’ consumption can’t exclude the non-payers or the exclusion is given up due to its high cost. Quasi-public goods are these social products w