The Mean in Budgeting

This open access book systematically applies the philosophy of the Golden Mean to interpret the public budgeting process, policies, and reforms in contemporary China, within the framework of Commentary on The Doctrine of the Mean by Zhu Xi, a Neo-Confucian scholar of the Song Dynasty. By constructing a classic perspective for understanding public budgeting in China, the book offers insights that are both innovative and grounded in traditional philosophy. With the rich experience in research and execution in public budgeting, the author provides Western readers with an easy access to understanding the Chinese perspective on budgeting, the budgeting process in China, and its underlying logic.

The Doctrine of the Mean in Budgeting. - The Noble Man adheres to the mean; the petty. - The mean is the highest virtue. Few are those who can maintain it for long. - The Way is not practiced, and I understand why. - How unfortunate that the Way is not pursued. - Emperor Shun possessed great wisdom. - Etc.