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...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Lu, Yinqiu
مؤلفون آخرون: Sun, Tao
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2013.
سلاسل:IMF Working Papers; Working Paper ; No. 2013/243
الوصول للمادة أونلاين:Full text available on IMF