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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Détails bibliographiques
Auteur principal: Zhang, Yuanyan
Autres auteurs: Barnett, Steven
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2014.
Collection:IMF Working Papers; Working Paper ; No. 2014/004
Accès en ligne:Full text available on IMF