As an innovative means of encouraging venture capital and promoting the development of strategic emerging industries, the development of government-led funds has the general features of policy products.
This report summarizes several typical cases about tax reduction in some countries since the 1980s.
Since reform and opening-up, China’s comprehensive national power has increased sharply, attracting worldwide attention.
Taiwan authorities have carried out a series of reforms in the field of land, taxation, industry, finance etc. since the retreat of Kuomintang (KMT) to Taiwan in 1949.
After the Second World War, the UK suffered from severe stagflation for about 30 years, causing a series of social problems.
In view of the reform methodology, the success of former US President Ronald Reagan’s reform is ascribed to its effective strategies and tactics.
With a goal to revitalize socialism and to accelerate the economic development of the Soviet Union, Gorbachev's reform, however, turned out contrary to the original wishes and resulted in the disintegration of the Party and the Soviet Union.