Local Government Financing Platforms in China : A Fortune or Misfortune? /
China's rapid credit expansion in 2009-10 brought local government financing platforms (LGFPs) into the spotlight. This paper discusses their function, reasons behind their recent expansion, and risks they are posing to the financial sector, local governments, and sovereign balance sheet. This...
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Beste egile batzuk: | |
Formatua: | Aldizkaria |
Hizkuntza: | English |
Argitaratua: |
Washington, D.C. :
International Monetary Fund,
2013.
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Saila: | IMF Working Papers; Working Paper ;
No. 2013/243 |
Sarrera elektronikoa: | Full text available on IMF |