Local Government Debt and Municipal Bonds in China: Problems and a Framework of Rules
Local governments in China are facing heavy debt burdens, a low level of fiscal transparency and a lack of constraints by local democracy. Since 2008, local government debts have skyrocketed. This article analyses the current state and features of local government debts and the two kinds of 'qu...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
CBS Open Journals
2014-05-01
|
| Series: | The Copenhagen Journal of Asian Studies |
| Subjects: | |
| Online Access: | https://rauli.cbs.dk/index.php/cjas/article/view/4332 |