Developing by borrowing? Inter-jurisdictional competition, land finance and local debt accumulation in China
Although the investment-oriented development model for economic growth adopted by Chinese governments has generated spectacular results, the risks of debt-financed urbanization and economic development have recently become evident in mounting local debts that are undermining the financial system, tr...
| Main Authors: | , , , |
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| Format: | Journal article |
| Published: |
SAGE Publications
2015
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