Fiscal Vulnerabilities and Risks from Local Government Finance in China /
China weathered the global financial crisis better than most, thanks to a large and timely stimulus. This stimulus, however, was mainly in the form of off-budget infrastructure spending and thus not visible in the headline fiscal data. We construct a time series for the augmented fiscal deficit and...
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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2014.
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| coleção: | IMF Working Papers; Working Paper ;
No. 2014/004 |
| Acesso em linha: | Full text available on IMF |