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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Lu, Yinqiu
Beste egile batzuk: Sun, Tao
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2013.
Saila:IMF Working Papers; Working Paper ; No. 2013/243
Sarrera elektronikoa:Full text available on IMF