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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Autres auteurs: | |
Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
2014.
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Collection: | IMF Working Papers; Working Paper ;
No. 2014/004 |
Accès en ligne: | Full text available on IMF |